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Millennials Finding it Harder to get a Mortgage!

Matrix Mortgage Global – Millennials Finding it Harder to get a Mortgage In recent months, Canada has seen a sharp decline in the number of millennials applying for mortgages. While this is no doubt at least in part due to new mortgage rules that were introduced earlier this year, it could also be a sign […]

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Deal Of The Week: Consumer Proposal Wipe Out

Consumer Proposal: WIPED OUT Property: Owner-Occupied Detached Home Mississauga, Ontario The Deal: Refinance Property to pay out existing 1st mortgage & wipe out consumer proposal so they can save money and rebuild credit. Both clients full-time employed, 533 & 569 Beacon scores Matrix Mortgage Global Funded: New 1st mortgage: $483,000 @ 70% LTV 1-year term […]

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Pre-Construction Condo Conundrum

August 25 Deal of the Week – Pre-Construction Condo Conundrum!  Lawrence purchased his pre-construction Condo in Toronto in 2013 and ran into problems when it came time to find a mortgage 3 years later. His credit score took a huge hit after his divorce and he was turned down from the banks. Stuck scrambling for a […]

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