With access to many private lenders, we can customize a private mortgage to suit your individual needs and situation. Whether you require a 1st or 2nd mortgage, the Private Mortgage Solution™ will be tailored specifically ... Read More
Mortgage Prepayment Penalties Explained
Fixed rate mortgage penalties, variable rate mortgage penalties, bank penalties versus non-bank penalties - understanding the differences of each is crucial when choosing your mortgage. When clients take ... Read More
How to Avoid Penalty Shock on your Mortgage – Kim Gibbons featured in Yahoo Finance
As Canadian consumers become more educated and savvy with mortgage options the spotlight focuses once again on penalties and the true cost of breaking a mortgage. Here is a great article that discusses this very thing and ... Read More
TDCT quietly makes changes to their Standard Mortgage clauses – Buyer Beware
This is definitely a significant change and one that should be considered when looking for mortgage financing with TDCT. TDCT quietly changed their standard mortgage clauses earlier this year and without much fanfare..until ... Read More
Marketplace takes on TDCT and disclosure of collateral charge mortgages
Last week Marketplace on CBC ran an episode called "Busting the Banks" where they investigated disclosure of collateral charge mortgages to consumers. This is a hot topic and I have written an article previous to this about ... Read More
Kim Gibbons on Global News Re: current hot real estate market
As the deadline for the new changes for amortizations from 35 to 30 years approaches, this appears to have fueled a very busy real estate market in Toronto. There are certainly more clients purchasing and having their ... Read More
More on the New Mortgage Changes – How they may affect you
The Government announced on January 17th that they will be making changes to their government backed mortgages. Namely, any mortgage that has less than 20% as a downpayment (with a few exceptions). The changes are very ... Read More
Kim Gibbons on CTV News re: Flaherty warns of higher interest rates
To read the article and watch the video please click here... Kim Gibbons, ” Your Mortgage Superhero ®” Mortgage Broker FSCO lic. M08001363 416-400-8107 kim@mortgagesuperhero.com www.mortgagesuperhero.com ... Read More
Kim Gibbons on Global News commenting on TD Canada Trust’s new mortgage changes effective Oct. 18, 2010
To watch the interview please click here... For those considering a TD Canada Trust mortgage, take note. TD Canada Trust made a sweeping change to their mortgage lending effective October 18th, 2010. They are no ... Read More