Frequently Asked Questions
Straight answers to the most common questions I get
Getting Started
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No. A lot of people I work with are just exploring or planning ahead. Whether you're buying soon or just want to understand your options, we can start with a simple conversation.
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It usually starts with a quick call or message. From there, I’ll ask a few questions to understand your situation and walk you through your options—no commitment required.
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In most cases, no—my services are paid by the lender. If there are any fees (typically in more complex situations), I’ll explain everything upfront before you proceed.
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Usually just a rough idea of things like your income, debts, and goals. If we move forward, I’ll guide you through exactly what documents are needed—step by step.
Working With Me
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I work with multiple lenders, so I can compare options and find something that fits your situation better.
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I’m licensed in Ontario, but I can help coordinate deals in other provinces through my team if needed.
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No. I’ll always walk you through what’s happening before anything is submitted.
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I handle the process from start to finish—communicating with lenders, keeping you updated, and making sure everything stays on track.
Buying a Home
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It depends on your income, debts, down payment, and current rates. I can give you a realistic number quickly—and more importantly, what your payments would actually feel like.
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5% for homes up to $500,000
5%–10% for homes up to $1.5M
20%+ for homes over $1.5M
I can walk you through what applies to your situation.
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Yes. It gives you a clear budget, locks in a rate, and makes your offer stronger.
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Yes—but the process is a bit different. I work with lenders who understand self-employed income and can help structure things properly.
Renewing Your Mortgage
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No—you’re not required to stay with your current lender. Most lenders send a renewal offer that’s easy to accept, but it’s not always the most competitive. This is a good opportunity to review your options and potentially secure a better rate or terms.
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Ideally 3–6 months before your renewal date. That gives enough time to compare options and secure a better rate.
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Yes—if your mortgage is at the end of its term, you can usually switch without penalty.
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In most cases, yes. The new lender will review your income, credit, and overall financial situation.
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Sometimes—but not always. It depends on the full picture, including penalties (if any), fees, and flexibility. I’ll help you compare properly.
Refinancing and Debt Consolidation
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Refinancing means replacing your current mortgage with a new one—often to access equity, lower payments, or consolidate debt.
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It can be—especially if you're dealing with high-interest debt. The goal is to simplify payments and reduce overall interest, but it needs to be done strategically.
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Not necessarily. It depends on timing, penalties, and your goals. I’ll break down the numbers so you can see if it actually makes sense.
Credit & Approval
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Generally:
680+ = best options
600–679 = still workable
Below 600 = alternative options
Every situation is different—I’ll help you understand where you stand.
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A single check has a very small impact. Multiple applications at once can hurt more—that’s why it’s best to go through one person guiding the process.
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Yes. What matters is how your debt compares to your income. I’ll help structure things in a way that gives you the best chance.
Still Have Questions?
Whether you're just exploring or ready to move forward, I’m here to help.