Between 2008 and 2012 the federal government have made several changes to the rules concerning government backed insured mortgages including reducing the amortization from 40 years to 25 years and increasing the minimum downpayment to 5%, to name a ... Read More
If you ever thought a bank was working in your best interest, you may want to have a rethink. The banks have shareholders to answer to and the demand for their share price to continue to rise as well as the expectation of healthy dividends. In this ... Read More
CMHC announced on Thursday, April 2nd that they will be increasing mortgage insurance premiums for homebuyers that have 5%-9.99% of the purchase price as a downpayment by 15%. For homebuyers with 5% down - the premium on the mortgage will increase ... Read More
The increasingly hot topic of collateral mortgages continues to make headlines and with more lenders forgoing a standard charge mortgage (also known as a conventional charge mortgage) for the collateral charge - we thought it was time to give an ... Read More
Looking for the absolute rock bottom lowest mortgage interest rate? Gone are the days when consumers are just looking for the lowest mortgage rate. OK, let's face it - some still do but many who are searching for mortgages are more educated and ... Read More
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 the way you can avoid ... Read More
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 now. The changes are ... Read More
Please click here to read the article "Home Renovation Reality Check" Kim Gibbons, ” Your Mortgage Superhero ®” Mortgage Broker FSCO lic. M08001363 416-400-8107 kim@mortgagesuperhero.com www.mortgagesuperhero.com ... Read More
More lenders are moving to collateral charge mortgages so it’s becoming increasingly important to understand the differences between a collateral and standard charge mortgage. TD Bank announced in October, 2010 that all new mortgages will be a ... Read More
“What a big relief it was to have Kim help me. In addition to giving me fantastic service she knows her stuff, is passionate about what she does and truly cares.” ~ Donna Jarego
“Kim made our dreams become a reality. We have now done 4 deals with Kim in 2 years with the expectation of many more. When Kim says it can be done it is!” ~ Chris and Jen Heslin
“Kim shows extreme professionalism, business savvy and provided the best options for us. She has left our minds at ease due to her caring attitude.” ~ Dana Cuff and Mark Beson
“Thanks for finding us the best mortgage solutions. You are an integral part of our team and our success! We couldn’t have done it without you.” ~ Paul Peic, host of ‘The Big Flip’
“Thanks for always being available at the drop of a hat to help me with my mortgage. This is why you are indeed a superhero.”
~ Andrea Macri
“Thank you so much Kim for your professionalism and kindness throughout my journey of becoming a home owner. I will not hesitate to recommend you.” ~ Charlene Chu
“Kim is fantastic! Working fast, she came up with something that was perfect for us. The best part is the continued support & advice she gives us after our purchase.” ~ Craig Gordon
“Kim has exceeded all of our expectations. She is an absolute expert in her field. We will never consider using any other mortgage broker. Kim is simply the best.” ~ Gina Lijoi
