A Mid-Pandemic Mortgage Checkup?

If you’ve been sitting on the sidelines waiting to see the full impact of COVID-19 on the economy before asking any pressing questions about your financial situation, now might be a good time for a mid-pandemic mortgage checkup!

Here is a list of questions that have come up in the last couple of weeks.

  • Should I make an application to defer my mortgage payments?
  • I have already deferred my mortgage payments, how will this impact me down the line?
  • My job is on hold, and I’m collecting assistance, but my mortgage term is up for renewal, what are my options?
  • I’d like to refinance my mortgage to increase my on hand, can this be done?
  • I have a variable rate mortgage, is now a good time to lock in?
  • How does my mortgage rate compare to the rates available on the market now?
  • Are rates going up, or down, or both? Should I wait, or act now?
  • I’m looking to buy a new property, will anyone give me a mortgage?
  • I paid off my mortgage years ago; I have a property, can I borrow money using my house to help my kids?

If you’d like answers to any of these questions or have different questions of your own, please contact me anytime to discuss your mortgage and your personal financial situation. I’d be more than happy to discuss all your options.

“It’s about the client, not the paycheque.”

—Dan Oliver, Founder

Related Posts

What is a Second Mortgage?

What is a Second Mortgage?

If you're relatively new to the world of mortgage financing, the term "second mortgage" might cause a bit of confusion; especially if you're a first-time homebuyer buying your first home. You might assume that when your first term is up or if you sell your first home,...

read more
Fixed or Variable?

Fixed or Variable?

If you're looking to buy a new property, refinance, or renew an existing mortgage, chances are, you're considering either a fixed or variable rate mortgage. Figuring out which one is the best is entirely up to you! So here's some information to help you along the way....

read more
Ultra-Low Interest Rates

Ultra-Low Interest Rates

Chances are if you’ve been paying attention to the news as the Canadian economy continues to work through the COVID-19 pandemic, you’ve heard that interest rates are at an all-time low. And it would appear that they will remain low for a while. In fact, the Bank of...

read more