Kaveh_mortgageadviser

Happy international women's day to all the strong and brave women in our lives!

Thrilled to announce the achievement of my Commercial Certificate as a Mortgage Broker! Ready to elevate my expertise and offer even more tailored solutions to clients in the realm of commercial real estate. 🏢✨ "

Commercial financing stands as a distinct realm, significantly different from its residential counterpart. Unlike the residential market, commercial financing involves funding for income-generating properties, such as office and commercial spaces, retail establishments, and industrial complexes. The financial landscape is intricate, encompassing diverse property types, lease structures, and risk profiles. Lenders assess projects based on potential income streams, business viability, and market dynamics. The loan approval process is often more complex, requiring in-depth financial analysis and a comprehensive understanding of the business plans. Navigating this distinct world demands specialized knowledge, experience, and a nuanced approach to cater to the unique needs of commercial clients.

Feel free to reach out if you require assistance with your Finance) #

If you focus on Results, you will never change.
If you focus on change you will get results.

Get access to up to 55% of your home equity without any income documents or mortgage payments. Age conditions apply.
Call me at 437-218-8917 to discuss.

Are you having trouble getting financing without appropriate proof of income?
Are you having trouble getting financing because of your low credit score?
Contact me today at 437-218-8917 and i'd be happy to help. You can also visit my website at : kavehsagha.ca

Yes! We have special programs for Realtors.
Contact me today and i'll be happy to assist you every step of the way towards making the right decision.
You can also visit my website at : kavehsagha.ca

If you feel stressed about your tax arrears or you need quick cash to consolidate all your debts into one payment, feel free to call me on 437-218-8917 or email me at [email protected] and i'd be happy to help.

Are you self-employed?
I can get your mortgage approved😊all you need are your bank statements and a credit score above 500(conditions apply)

Contact me today to benefit from the assistance of a mortgage broker to improve your chances of getting approved.
You can also visit my website at : kavehsagha.ca

The Bank of Canada has announced a 0.5% increase to its benchmark interest rate, a move that signals the central bank’s largest single rate hike for over two decades..

Industry Jargon Explained.

Baffled by the expressions Realtors and bankers throw at you? Here are some commonly used—but not always understood—words to describe mortgages.

Contact me today and i'll be happy to assist you every step of the way towards making the right decision.
You can also visit my website at : kavehsagha.ca

More and More Canadians are hopping on the short-term rental train as Airbnb’s popularity has sky-rocketed over the last few years. It’s not a bad way to earn extra money, but don’t forget there are a few things to consider as mentioned above.

The more services you provide as a host, the greater the chance that your rental operation will be considered a business.

Let me know if you have any question and i'd be happy to help.

Kavehsagha.ca
437-218-8917

The Bank of Canada has stayed the course on interest rates in its final scheduled announcement of the year, indicating no change to its projection that its policy rate will rise in the middle quarters of 2022.

The central bank said that while it was “closely watching” the inflation issue that has dominated headlines in recent weeks, it would hold its benchmark rate steady at 0.25% with rate hikes likely to begin at some point around the middle of next year.

In its announcement, the Bank said that growth in Canada’s economy had been “as expected” in the third quarter, around 5.5%, with a rebound in consumption and higher vaccination rates contributing to that spurt.

It said CPI (consumer price index) inflation was likely to remain “elevated” through the first six months of next year before dropping back towards the Bank’s target of around 2% in the second half.

The Bank’s next announcement on its policy rate is scheduled to take place on January 26.

credits: Canadian Mortgage professionals

If you’d like to find out more about how CHIP Open can help you with your short-term financing needs, contact me today!

HELOCS are very handy.you can use your home equity easily whenever you need the cash. Contact me today to get a HELOC

For all self-employed and corporation owners with low provable income documents, this is a great opportunity to take out 65% of your equity to consolidate debt or invest in other new income properties with almost no proof of income. NOW is a great time to take advantage of lower rates to invest.

Contact me now for more information documents

Money. It’s virtually impossible to get by in life without it, and everyone wants more of it. But many people struggle to manage their money and make it work for them. And all the stats are going in the wrong direction. More and more Canadians are struggling with debt and get by living paycheque-to-paycheque with no idea or strategy on how to turn it around.
Luckily there are many resources out there to help guide you in the right direction. How you use the information to form a strategy will determine your financial future
Please vist my website at kavehsagha.ca for more lifestyle and mortgage tips.

Buying your first home is an incredible step in life, but it is not without its hurdles! One of which is demonstrating that you are creditworthy, which all comes down to your credit rating. This is how lenders and credit agencies determine the interest rate you pay, or whether you will qualify for a mortgage at all.
As mortgage rules continue to change, the credit rating is becoming even more important as a higher credit rating could mean a lower interest rate and save you thousands of dollars over the life of your mortgage.
If you’ve never given much thought to your credit rating before, don’t worry! It is not too late and we are going to take through everything you need to know. The most important of which is that, in order to qualify for a home, you must have a credit rating of at least 680 for one borrower.
There are several attributes that factor into your credit score, and these are commonly referred to as the “Four C’s” and consist of: Character, Capacity, Capital and Collateral.
Please visit my website at kavehsagha.ca for the detailed blog post.

This is a brief view on what some party have promised about infrastructure and housing subjects.

Credits: ctvnews

Call me at 437-2188917 and let me help you with financing of your lovely home.

For any mortgage inquiries, send me a DM today, visit my website at kavehsagha.ca or email me at [email protected] and i'd be happy to help.

Are you willing to be a Homeowner?

I can walk you through the process and answer any questions you may have.

The Mortgage Financing Process is the number one question for any potential homebuyer or someone new to the mortgage process. I have described the steps in details on my website blog at: kavehsagha.ca

Please feel free to contact me for any question on 437-2188917 or DM me and I'd be happy to help.

Questions about mortgage? Let's chat!
You can also call me on 437-2188917 or visit my website kavehsagha.ca for more details.

We have regular contact with a wide variety of lenders, some of whom you may not even know about. We can keep you away from some lenders with tough payment terms which are hidden inside their mortgage contracts.

Many lenders only work with mortgage brokers and clients may not be able to contact them directly so we have better access. You may also avoid huge drops in your credit scores.

Contact me today to benefit from the assistance of a mortgage broker to improve your chances of getting approved.
You can also visit my website at : kavehsagha.ca

Are you ready for home ownership?

Contact me today and i'll be happy to assist you every step of the way towards making the right decision.

For any mortgage inquiries and a smooth transaction experience, send me a DM today, visit my website at kavehsagha.ca or email me at [email protected] and i'd be happy to help.

Contact me today to benefit from the assistance of a mortgage broker to improve your chances of getting approved.
You can also visit my website at : kavehsagha.ca

Moving on UP!.

Life is constantly changing from your career to your family as we climb up the ladder of life. With these life changes, your current home may no longer be working for you. Whether you’re cramped in your tiny apartment or have a little one on the way, it may be time to look at moving on up!
Before considering the move to a larger home, there are some things to consider. For instance, whether or not you can afford to make the move and buy something bigger.

If you are wanting to upsize, and are doing so during your current mortgage cycle, you will be breaking the mortgage. As a result, you will have to go through the entire qualification process again. Keep in mind, there may be penalties depending on the term in your mortgage. Some are portable, which would make the transition smoother but you would need to check your mortgage agreement.

If you are unable to port your mortgage, you would need to re-qualify for a new mortgage. This would be done at the current rates offered by lenders and would be subject to government changes, including recent “stress test” rules.
If it has been a while since you bought your first home, you may be unfamiliar with the “stress test”. It was introduced in October 2016 for insured mortgages (down payments of less than 20%). Then, as of January 1, 2018 was updated to include all mortgages, regardless of down payment percentage. This test determines whether a homebuyer can afford their principal and interest payments, should interest rates increase. It is based on the 5-year benchmark rate from Bank of Canada or the customer’s mortgage interest rate plus 2% – whichever is higher.
The next thing to consider aside from re-qualifying, are fees and taxes. There may be large Property Transfer Taxes and you would also pay realtor fees on the sale of the home you are leaving behind. These fees are typically between 2-5% percent of the home’s selling price.

Contact me today and i'll be happy to assist you every step of the way towards making the right decision.
You can also visit my website at : kavehsagha.ca

Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved

In Canada, economic developments have been broadly in line with the outlook in the April Monetary Policy Report (MPR). Despite the second wave of the virus, first quarter GDP growth came in at a robust 5.6 per cent. While this was lower than the Bank had projected, the underlying details indicate rising confidence and resilient demand. Household spending was stronger than expected, while businesses drew down inventories and increased imports more than anticipated. Renewed lockdowns associated with the third wave are dampening economic activity in the second quarter, largely as anticipated. The employment rate remains well below its pre-pandemic level, with low wage workers, youth and women continuing to bear the brunt of job losses.

With vaccinations proceeding at a faster pace, and provincial containment restrictions on an easing path over the summer, the Canadian economy is expected to rebound strongly, led by consumer spending. Housing market activity is expected to moderate but remain elevated. Strong growth in foreign demand and higher commodity prices should also lead to a solid recovery in exports and business investment. Despite progress on vaccinations, there continues to be uncertainty about the evolution of new COVID-19 variants. More broadly, the risks to the inflation outlook identified in the April MPR remain relevant

The Governing Council judges that there remains considerable excess capacity in the Canadian economy, and that the recovery continues to require extraordinary monetary policy support. We remain committed to holding the policy interest rate at the effective lower bound until economic slack is absorbed so that the 2 percent inflation target is sustainably achieved. In the Bank’s April projection, this happens sometime in the second half of 2022. (bank of Canada, press release 2021-06-09)

For more information, please visit https://www.bankofcanada.ca/2021/06/fad-press-release-2021-06-09/?fbclid=IwAR3omsc1gz7oH8Tt1YuagKMjfg3c8xh9IZ-oXSz6tFDkieKKpAphogb_dPY