https://youtube.com/shorts/LHbcTz5wrGw Mortgage Documents – Letter Of Employment 📝 The Letter Of Employment is a common document requested by Mortgage Professionals and Lenders.  We request this document for borrowers who are either salaried or earn an hourly wage. The letter has a few requirements to be accepted by a lender and/or mortgage default insurer. 👉 Letterhead […]

October 19, 2023 ❤️We Love Realtors❤️ 🏆This is a shoutout to all of the hardworking REALTOR partner professionals who have supported and helped us throughout the years. We appreciate all of the work, long hours, and especially all the driving you do 🚗🚗🚗. REALTORs and Mortgage Brokers have such a symbiotic relationship. We are both […]

If you have a basement suite or rental property and you are currently looking for a tenant, there are some things to know! Whether this is your first tenant or you have other rental properties, it is a good idea to familiarize yourself with the specifics to ensure a harmonious tenancy. As always, your responsibility […]

October 17, 2023 ~ Cashback Mortgages https://peterpaley.com/cashback-mortgages/ Cashback mortgages are a mortgage product where the lender will charge a slightly higher mortgage rate in exchange for giving the borrower extra cash on closing. You may be able to get up to 5% Cashback on the funded mortgage amount, pending different offers from different lenders. For […]

Visiting an open house is an excellent way to start viewing a home and getting a sense of which neighborhood you like and the features and floorplans that interest you. Here is a list for all of Winnipeg & surrounding area for Sunday, October 15th OPEN HOUSES – WINNIPEG AND SURROUNDING AREA – SUNDAY OCTOBER […]

October 13, 2023 https://peterpaley.com/first-time-home-buyer-tax-credit…/ TAX CREDIT For First-Time Homebuyers For 2022 and subsequent years, the Government of Canada proposes to increase the amount used to calculate the HBTC to $10,000, which would provide a tax credit of up to $1,500 to eligible home buyers. You can claim up to $10,000 ($5,000 for 2021 and prior […]

October 12, 2023 https://peterpaley.com/home-purchase/mortgage-pre-approval/ We offer fully underwritten pre-approvals. What’s the deal with pre-approvals these days? I’ve been in the industry for a long time. A pre-approval used to actually be a bonafide pre-approval that one could rely on to purchase a home with confidence. This hasn’t been the case for quite a few years. […]

October 11, 2023 https://peterpaley.com/manitoba-metis-federation-first-time-home-purchase-program-grant-up-to-20500/https://peterpaley.com/manitoba-metis-federation-first…/ The Manitoba Metis Federation – First Time Home Purchase Plan up to $20,500 forgivable grant available. The Manitoba Metis Federation has an excellent grant program for Metis Citizens. The program will provide 5% of the purchase price up to $18,000.00 plus closing costs of up to $2,500.00 for a total maximum […]

October 10, 2023 https://peterpaley.com/mortgages/benefits-of-using-a-mortgage-professional/ Why Use A Mortgage Broker? When people are asked this question, the most common answers are; – Lowest Rate! – Most of the time this is true. – Better Terms! – Almost always this is true. – Better Service! – Almost always this is true. – MORE CHOICE – Always true! […]

October 6, 2023 – Happy Thanksgiving! https://peterpaley.com/refinance/ Refinancing At Renewal Interest rates are stubbornly high. As we have been posting for the last few weeks renewals were going to be tough on some households. Fixed mortgage rates have been steadily increasing and many renewal agreements that we are seeing are well north of 6%. In […]