{"id":8038,"date":"2021-03-03T10:11:12","date_gmt":"2021-03-03T10:11:12","guid":{"rendered":"https:\/\/www.matrixmortgageglobal.ca\/staging\/?page_id=8038"},"modified":"2021-03-15T20:31:35","modified_gmt":"2021-03-15T20:31:35","slug":"education-centre","status":"publish","type":"page","link":"https:\/\/www.matrixmortgageglobal.ca\/oldlive\/education-centre\/","title":{"rendered":"Education Centre"},"content":{"rendered":"\n<h2>\n\t\tEDUCATION CENTRE\n\t<\/h2>\n\t<a href=\"#\" target=\"_self\" rel=\"noopener\"><\/a>\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.matrixmortgageglobal.ca\/staging\/wp-content\/uploads\/2021\/03\/cost.png\" alt=\"cost\" itemprop=\"image\"\/>\n\t\t<h3>Costs<\/h3>\t\t\t\n\t\t\t\t<p>Buying a home involves many financial considerations. Some home buying expenses are one-time costs while others are ongoing&#8230;<\/p>\n\n\t<a href=\"#\" target=\"_self\" rel=\"noopener\"><\/a>\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.matrixmortgageglobal.ca\/staging\/wp-content\/uploads\/2021\/03\/home-insurance-1.png\" alt=\"home-insurance\" itemprop=\"image\"\/>\n\t\t<h3>Home Buyers Plan<\/h3>\t\t\t\n\t\t\t\t<p>The HBP is a program that allows you to withdraw up to $25,000 from your registered retirement savings plans (RRSPs) to buy&#8230;<\/p>\n\n\t<a href=\"#\" target=\"_self\" rel=\"noopener\"><\/a>\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.matrixmortgageglobal.ca\/staging\/wp-content\/uploads\/2021\/03\/home-buyer.png\" alt=\"home-buyer\" itemprop=\"image\"\/>\n\t\t<h3>Mortgage 101<\/h3>\t\t\t\n\t\t\t\t<p>Mortgage payments are made up of a principal sum (the amount borrowed) and interest (the cost to you of borrowing money)&#8230;<\/p>\n\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.matrixmortgageglobal.ca\/staging\/wp-content\/uploads\/2021\/03\/dept.png\" alt=\"dept\" itemprop=\"image\"\/>\n\t\t<h3>Mortgage Glossary<\/h3>\t\t\t\n\t\t\t\t<p>The period of time required to repay a debt when making regular payments. In the case of a mortgage loan, an amortization is most often&#8230;<\/p>\n\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.matrixmortgageglobal.ca\/staging\/wp-content\/uploads\/2021\/03\/prepayment.png\" alt=\"prepayment\" itemprop=\"image\"\/>\n\t\t<h3>Pre-Payment Privileges<\/h3>\t\t\t\n\t\t\t\t<p>There are a lot of factors to consider when deciding how to pay off your mortgage debt, but the extra leg work is well worth the effort. By establishing&#8230;<\/p>\n\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.matrixmortgageglobal.ca\/staging\/wp-content\/uploads\/2021\/03\/interest-1.png\" alt=\"interest\" itemprop=\"image\"\/>\n\t\t<h3>Rate Holds\/Rate Locks<\/h3>\t\t\t\n\t\t\t\t<p>You have probably heard lenders and brokers alike refer to rate holds and rate locks. What exactly does this mean?.A Rate Hold is&#8230;<\/p>\n\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.matrixmortgageglobal.ca\/staging\/wp-content\/uploads\/2021\/03\/tax-program.png\" alt=\"tax-program\" itemprop=\"image\"\/>\n\t\t<h3>The TIPPS Program<\/h3>\t\t\t\n\t\t\t\t<p>TIPP is the Tax Installment Payment Plan that allows property owners to pay their Property Tax in 12 monthly installments rather&#8230;<\/p>\n\n\t<a href=\"#\" target=\"_self\" rel=\"noopener\"><\/a>\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.matrixmortgageglobal.ca\/staging\/wp-content\/uploads\/2021\/03\/Home-buyers.png\" alt=\"Home-buyers\" itemprop=\"image\"\/>\n\t\t<h3>Credit Basics<\/h3>\t\t\t\n\t\t\t\t<p>A credit report is a history of how consistently you pay your financial obligations. Your credit report is created when you first borrow&#8230;<\/p>\n\n\t<a href=\"#\" target=\"_self\" rel=\"noopener\"><\/a>\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.matrixmortgageglobal.ca\/staging\/wp-content\/uploads\/2021\/03\/home-buyer.png\" alt=\"home-buyer\" itemprop=\"image\"\/>\n\t\t<h3>Home Insurance (Fire Insurance)<\/h3>\t\t\t\n\t\t\t\t<p>For most people, their home is their single most valuable possession and their biggest investment. Homeowners&#8230;<\/p>\n\n\t<a href=\"#\" target=\"_self\" rel=\"noopener\"><\/a>\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.matrixmortgageglobal.ca\/staging\/wp-content\/uploads\/2021\/03\/insurance.png\" alt=\"insurance\" itemprop=\"image\"\/>\n\t\t<h3>Mortgage Default Insurance<\/h3>\t\t\t\n\t\t\t\t<p>For most people the hardest part of buying a home, especially a first home, is saving the necessary down payment. If you have less &#8230;<\/p>\n\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.matrixmortgageglobal.ca\/staging\/wp-content\/uploads\/2021\/03\/life-insuran.png\" alt=\"life-insuran\" itemprop=\"image\"\/>\n\t\t<h3>Mortgage Life Insurance<\/h3>\t\t\t\n\t\t\t\t<p>For most of us, buying a home is a major financial commitment. It&#8217;s also the one decision that has the greatest effect on the security of our&#8230;<\/p>\n\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.matrixmortgageglobal.ca\/staging\/wp-content\/uploads\/2021\/03\/payment-frequency.png\" alt=\"payment-frequency\" itemprop=\"image\"\/>\n\t\t<h3>Payment Frequency<\/h3>\t\t\t\n\t\t\t\t<p>There are a lot of factors to consider when deciding how to pay off your mortgage debt, but the extra leg work is well worth the effort. By establishing&#8230;<\/p>\n\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.matrixmortgageglobal.ca\/staging\/wp-content\/uploads\/2021\/03\/process.png\" alt=\"process\" itemprop=\"image\"\/>\n\t\t<h3>The Loan Process<\/h3>\t\t\t\n\t\t\t\t<p>Buying a new home will likely be one of the most expensive purchases you ever make. For this reason, it is wise to learn a little bit about&#8230;<\/p>\n\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.matrixmortgageglobal.ca\/staging\/wp-content\/uploads\/2021\/03\/dept.png\" alt=\"dept\" itemprop=\"image\"\/>\n\t\t<h3>Why Use A Mortgage Broker<\/h3>\t\t\t\n\t\t\t\t<p>Mortgage brokers are independent, trained professionals licensed to represent and provide you with the best advice for your&#8230;<\/p>\n\n<h3>Matrix Mortgage Global<\/h3>\n<p>Your Alternative Lending Specialist!<\/p>\n\n\t<div role=\"form\" class=\"wpcf7\" id=\"wpcf7-f96-o1\" lang=\"en-US\" dir=\"ltr\">\n<div class=\"screen-reader-response\"><p role=\"status\" aria-live=\"polite\" aria-atomic=\"true\"><\/p> <ul><\/ul><\/div>\n<form action=\"\/oldlive\/wp-json\/wp\/v2\/pages\/8038#wpcf7-f96-o1\" method=\"post\" class=\"wpcf7-form init banner-form service__form cf7mls-no-scroll cf7mls-no-moving-animation\" novalidate=\"novalidate\" data-status=\"init\">\n<div style=\"display: none;\">\n<input type=\"hidden\" name=\"_wpcf7\" value=\"96\" \/>\n<input type=\"hidden\" name=\"_wpcf7_version\" value=\"5.5.6\" \/>\n<input type=\"hidden\" name=\"_wpcf7_locale\" value=\"en_US\" \/>\n<input type=\"hidden\" name=\"_wpcf7_unit_tag\" value=\"wpcf7-f96-o1\" \/>\n<input type=\"hidden\" name=\"_wpcf7_container_post\" value=\"0\" \/>\n<input type=\"hidden\" name=\"_wpcf7_posted_data_hash\" value=\"\" \/>\n<input type=\"hidden\" name=\"_wpcf7cf_hidden_group_fields\" value=\"\" \/>\n<input type=\"hidden\" name=\"_wpcf7cf_hidden_groups\" value=\"\" \/>\n<input type=\"hidden\" name=\"_wpcf7cf_visible_groups\" value=\"\" \/>\n<input type=\"hidden\" name=\"_wpcf7cf_repeaters\" value=\"[]\" \/>\n<input type=\"hidden\" name=\"_wpcf7cf_steps\" value=\"{}\" \/>\n<input type=\"hidden\" name=\"_wpcf7cf_options\" value=\"{&quot;form_id&quot;:96,&quot;conditions&quot;:[{&quot;then_field&quot;:&quot;-1&quot;,&quot;and_rules&quot;:[{&quot;if_field&quot;:&quot;-1&quot;,&quot;operator&quot;:&quot;equals&quot;,&quot;if_value&quot;:&quot;&quot;}]}],&quot;settings&quot;:{&quot;animation&quot;:&quot;yes&quot;,&quot;animation_intime&quot;:200,&quot;animation_outtime&quot;:200,&quot;conditions_ui&quot;:&quot;normal&quot;,&quot;notice_dismissed&quot;:false,&quot;notice_dismissed_update-cf7-5.5.3&quot;:true,&quot;notice_dismissed_rollback-cf7-5.5.3&quot;:true}}\" \/>\n<input type=\"hidden\" name=\"_wpcf7_recaptcha_response\" value=\"\" \/>\n<\/div>\n<h2>Get your Mortgage <br>approved in Minutes!<\/h2>\n<div class=\"form-row\">\n<div class=\"form-group col-md-6\">\n<p>         <span class=\"wpcf7-form-control-wrap fname\"><input type=\"text\" name=\"fname\" value=\"\" size=\"40\" class=\"wpcf7-form-control wpcf7-text wpcf7-validates-as-required form-control\" id=\"fname\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"First Name\" \/><\/span>\n      <\/p><\/div>\n<div class=\"form-group col-md-6\">\n<p>         <span class=\"wpcf7-form-control-wrap lname\"><input type=\"text\" name=\"lname\" value=\"\" size=\"40\" class=\"wpcf7-form-control wpcf7-text wpcf7-validates-as-required form-control\" id=\"lname\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"Last Name\" \/><\/span>\n      <\/p><\/div>\n<\/div>\n<div class=\"form-row\">\n<div class=\"form-group col-md-12\">\n<p>         <span class=\"wpcf7-form-control-wrap phonenumber\"><input type=\"tel\" name=\"phonenumber\" value=\"\" size=\"40\" class=\"wpcf7-form-control wpcf7-text wpcf7-tel wpcf7-validates-as-required wpcf7-validates-as-tel form-control\" id=\"phonenumber\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"Phone Number\" \/><\/span>\n      <\/p><\/div>\n<\/div>\n<div class=\"form-row\">\n<div class=\"form-group col-md-12\">\n<p>         <span class=\"wpcf7-form-control-wrap email\"><input type=\"email\" name=\"email\" value=\"\" size=\"40\" class=\"wpcf7-form-control wpcf7-text wpcf7-email wpcf7-validates-as-required wpcf7-validates-as-email form-control\" id=\"email\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"Email Address\" \/><\/span>\n      <\/p><\/div>\n<\/div>\n<div class=\"form-row\">\n<div class=\"form-group col-md-12\">\n<p><span class=\"wpcf7-form-control-wrap address\"><input type=\"text\" name=\"address\" value=\"\" size=\"40\" class=\"wpcf7-form-control wpcf7-text wpcf7-validates-as-required form-control\" id=\"address\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"Address\" \/><\/span>\n<\/p><\/div>\n<\/div>\n<div class=\"form-row\">\n<div class=\"form-group col-md-12\">\n<p><span class=\"wpcf7-form-control-wrap city\"><input type=\"text\" name=\"city\" value=\"\" size=\"40\" class=\"wpcf7-form-control wpcf7-text wpcf7-validates-as-required form-control\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"City\" \/><\/span>\n<\/p><\/div>\n<\/div>\n<div class=\"form-row mrt\">\n<div class=\"form-group col-md-6\">\n<p>         <span class=\"wpcf7-form-control-wrap propertyvalue\"><input type=\"number\" name=\"propertyvalue\" value=\"\" class=\"wpcf7-form-control wpcf7-number wpcf7-validates-as-required wpcf7-validates-as-number form-control\" id=\"propertyvalue\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"Property Value\" \/><\/span>\n      <\/p><\/div>\n<div class=\"form-group col-md-6\">\n<p>        <span class=\"wpcf7-form-control-wrap amountrequiry\"><input type=\"number\" name=\"amountrequiry\" value=\"\" class=\"wpcf7-form-control wpcf7-number wpcf7-validates-as-required wpcf7-validates-as-number form-control\" id=\"amountrequiry\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"Amount Required\" \/><\/span>\n      <\/p><\/div>\n<\/div>\n<div class=\"form-row\">\n<div class=\"form-group col-md-12\">\n<label class=\"mortgagelabel\">Mortgage Type<\/label><br \/>\n        <span class=\"wpcf7-form-control-wrap mortgage\"><select name=\"mortgage\" class=\"wpcf7-form-control wpcf7-select wpcf7-validates-as-required custom-select-box\" id=\"mortgage\" aria-required=\"true\" aria-invalid=\"false\"><option value=\"\">---<\/option><option value=\"Refinance\">Refinance<\/option><option value=\"Purchase\">Purchase<\/option><option value=\"Renewal\">Renewal<\/option><option value=\"Debt Consolidation\">Debt Consolidation<\/option><option value=\"Second Mortgage\">Second Mortgage<\/option><option value=\"HELOC\">HELOC<\/option><option value=\"Home Equity Loan\">Home Equity Loan<\/option><option value=\"Commercial Mortgage\">Commercial Mortgage<\/option><option value=\"Reverse Mortgage\">Reverse Mortgage<\/option><option value=\"Business Loan\">Business Loan<\/option><\/select><\/span>\n      <\/div>\n<\/div>\n<div class=\"form-row\">\n<div class=\"form-group col-md-12\">\n<span class=\"wpcf7-form-control-wrap aboutus\"><input 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Here\">\r\n\t\t<\/textarea>\r\n\t<\/div>\r\n<\/noscript>\r\n<\/span>\n<\/div>\n<\/div>\n<div class=\"form-group\">\n    <input type=\"submit\" value=\"Submit\" class=\"wpcf7-form-control has-spinner wpcf7-submit submit\" \/>\n<\/div>\n<input type=\"hidden\" name=\"source\" value=\"New Website\" class=\"wpcf7-form-control wpcf7-hidden\" \/>\n<p><input type='hidden' id=\"zc_gad\" name=\"zc_gad\" value=\"\"\/><\/p>\n<p style=\"display: none !important;\"><label>&#916;<textarea name=\"_wpcf7_ak_hp_textarea\" cols=\"45\" rows=\"8\" maxlength=\"100\"><\/textarea><\/label><input type=\"hidden\" id=\"ak_js_1\" name=\"_wpcf7_ak_js\" value=\"131\"\/><script>document.getElementById( \"ak_js_1\" ).setAttribute( \"value\", ( new Date() ).getTime() );<\/script><\/p><div class=\"wpcf7-response-output\" aria-hidden=\"true\"><\/div><\/form><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>EDUCATION CENTRE Costs Buying a home involves many financial considerations. Some home buying expenses are one-time costs while others are ongoing&#8230; Home Buyers Plan The HBP is a program that allows you to withdraw up to $25,000 from your registered retirement savings plans (RRSPs) to buy&#8230; Mortgage 101 Mortgage payments are made up of a&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"education-centre-tpl.php","meta":{"footnotes":""},"class_list":["post-8038","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Education Centre - Matrix Mortgage Global<\/title>\n<meta name=\"description\" content=\"We are Matrix Mortgage Global an experienced team of mortgage agents and brokers with backgrounds in financial planning, investments &amp; real estate.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.matrixmortgageglobal.ca\/oldlive\/education-centre\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Education Centre - 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