Monday, April 15th, 2019 3:49 pm , Posted by
Matrix Mortgage Staff Writer
UNCOVERED: CMHC’s New Home Buyer Incentive Matrix Mortgage Global is Canada’s #1 Fastest-Growing Mortgage Brokerage Entering the real estate market amidst rising prices and stricter lending guidelines has become more difficult than ever. In an effort to ease the stress on hopeful borrowers, the Canadian Government has proposed the following changes to CMHC’s Insurance […]
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Monday, April 15th, 2019 3:00 pm , Posted by
Matrix Mortgage Staff Writer
5 Reasons To Become A Mortgage Agent 1) Housing market demands do not dictate mortgage business success – 30% of Ontario residents have mortgages, and they renew every 1-3 years. 2) Learn to build wealth through real estate: help yourself and your whole network reach financial freedom 3) If you’re salaried, you can get fired at any time and you […]
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Thursday, April 4th, 2019 11:43 am , Posted by
Matrix Mortgage Staff Writer
Shawn Allen, Founder of Matrix Mortgage Global, has been elected to the Board of Directors for the Scarborough Business Association. The SBA is a not-for-profit community based organization focused on driving prosperity in the Toronto Business Community. Matrix Mortgage Global, Ranked as the #1 Brokerage on the Growth 500 List (Canadian Business), and nominated 2019 […]
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Saturday, March 30th, 2019 2:49 pm , Posted by
Matrix Mortgage Staff Writer
Since January of 2018, Canadians applying for a mortgage with a federally regulated lender have had to first pass a financial stress test before they could be approved. This has left some prospective homeowners feeling that buying their dream home may now be out of reach. It has left others feeling confused about what exactly […]
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Monday, March 25th, 2019 2:57 pm , Posted by
Matrix Mortgage Staff Writer
A consumer proposal is just what it sounds like. It is a proposal that you send to your creditors with the help of a trustee. You propose to pay off a portion of your unsecured debt within a certain timeframe (the maximum being five years) and in return your creditors agree to forgive the balance […]
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Saturday, March 16th, 2019 3:07 pm , Posted by
Matrix Mortgage Staff Writer
Many Canadian dream of one day owning a home to raise their families in. But for those with low credit scores, this dream can seem out of reach. The good news is that even if your credit isn’t great, it is still possible to buy a house. Bad credit mortgages (also known as high risk […]
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Thursday, March 7th, 2019 11:29 am , Posted by
Matrix Mortgage Staff Writer
The broker who smashed the $380m mark by turning massive change into a wealth of opportunities SHAWN ALLEN is not your average broker. He opened the doors of his company, Matrix Mortgage Global, during the GFC; grew his business to specialise in alternative financing; and now spends about $1m a year on marketing and advertising. In […]
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Thursday, February 28th, 2019 10:15 am , Posted by
Matrix Mortgage Staff Writer
Finding out that you have been denied for a mortgage renewal can be quite scary and stressful. Does this mean you will have to sell your home? What will happen to your family? Fortunately there are options. In this blog we will take you step by step through what you will need to do if […]
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Tuesday, February 26th, 2019 9:34 am , Posted by
Matrix Mortgage Staff Writer
Most people don’t think much about their mortgage renewal until they get a reminder in the mail from their financial institution that their renewal is coming up. But the truth is that mortgage renewal should be something that is always in the back of your mind because while most renewals get approved without too much […]
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Thursday, February 21st, 2019 12:32 pm , Posted by
Matrix Mortgage Staff Writer
There is never a good or convenient time to lose your job. But becoming unemployed shortly before your mortgage renewal time can be particularly stressful. You may wonder whether you lender will even be willing to renew your mortgage. So what are your options? First of all, don’t panic. Losing your job doesn’t automatically disqualify […]
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