Get a mortgage checkup

That’s right. Every year no matter where you are in your mortgage. You get a checkup for your car to keep it running smoothly for the long term. Your financial future deserves the same kind of attention.

Deal with the holiday hangover

Many Canadians can go a little overboard financially during the holiday season. If your credit card balance is more than you can pay off in the next few months and especially if you have other loans then do yourself a favour and come in to chat. The right debt consolidation strategy could save you thousands and put you on the right financial path.

Renew with your eyes open

When your lender sends out a letter suggesting you renew your mortgage at their current offer, get advice. Don’t renew with your eyes closed! This is your opportunity to negotiate the best possible deal!

Speed up your mortgage paydown

Try to find a way to use your prepayment privileges this year… at least once. Tax refund, financial gift, small inheritance… or just a little extra disciplined saving. Every single payment you make after that will go further. And instead of paying your mortgage monthly, pay weekly or bi-weekly. That small change can save you thousands.

Take care of your credit

It’s so important to have good credit behaviours so you always qualify for the best mortgage rate. Pay your bills on time. Don’t let your credit accounts exceed 30% of the credit available. Before you cancel any credit cards, get advice. And don’t apply for a store card just to save on your purchase that day!

Cramped? You could renovate, not relocate

May be you think this is the year you need to move up. May be. But the right renovation an addition, a new family room, a fresh kitchen might be all it takes to turn the house you’re in, into the home of your dreams. It is almost always less expensive to renovate than to relocate! We have great renovation financing options if that’s what’s in your future this year!

Choose low interest debt

Whatever your need might be funding education, a large purchase, investments, renovations, or paying down debt, your mortgage might be your most cost effective financing option.

Take care of your credit

It’s so important to have good credit behaviours so you always qualify for the best mortgage rate. Pay your bills on time. Don’t let your credit accounts exceed 30% of the credit available. Before you cancel any credit cards, get advice. And don’t apply for a store card just to save on your purchase that day!