Do you want to buy a home this year? I am here to help. I have developed relationships with multiple lenders to find you the perfect mortgage product. Let’s get started getting you your dream home. Call me at 780-914-2620 or email me at Raeann@MortgageEngineer.ca. #imthekey #stalbertmortgages #mortgageplan

Mortgage tip! Your first home does not need to be your dream home! Think of it as an investment. You can use your first home to build equity until you are financially ready to buy the home of your dreams. If you have any questions about mortgages, give me a call @ 780-914-2620. #stalbertmortgages #mortgageplan #mortgageoptions

When is your first mortgage payment? When buying a home there is a lot to consider. You are asked what seems like a million questions, and you have just as many. Sometimes one of the questions that is forgotten is “When does my first mortgage payment come out of my bank account?” You first payment is 1 month after your closing date! If you have any questions, your mortgage broker will always be there happy to help. #mortgagepayment #stalbertmortgages #homefinancing #howtobuyahouse #stalbert

One common misconception is that you need a 20% down payment to buy a home. The truth is, there are mortgage options available with lower down payment requirement! Contact me today to see how much of a down payment you will need. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #downpayment #crunchingnumberslikeaboss #stalbert #stalbertrealestate

Commemorating the sacrifices of members of the armed forces and of civilians in times of war. #lestweforget #remembering #grateful

What is an appraisal, and when is it required? An appraisal is the process of determining the value of the property. This value may or may not be the same as the home’s purchase price. If your down payment is 20% or more, to waive the mortgage default insurance premium, you will need to get an appraisal complete. #Appraisal #stalbertmortgages #investinyourhome

Attention Home Buyers! Lenders do a last-minute credit check right before closing. Make sure to: - Pay your bills on time. - Don’t increase the balance on credit lines. - Don’t open new accounts. - Don’t close existing accounts. If you have any questions about your mortgage, email me at Raeann@MortgageEngineer.ca #stalbertrealestate #stalbertmortgages #HomebuyerTips

It is a beautiful day to go after your dreams. If your dream is to buy a new home, your first step should be to get pre-approved. Call me - Raeann, today to make an appointment at 780-914-2620. #stalbertmortgages #homefinancing #chaseyourdream

What do you need your mortgage to do for you? Whether you are self employed or retired. Buying your first home or your tenth. I can find the perfect mortgage product for you. With over a decade of experience, I’ve developed relationships with multiple lenders to negotiate with on your behalf. Book an appointment today. Phone: 780.914.2620 Email: raeann@mortgageengineer.ca

Happy Halloween! Are you in the market for a new house? Getting a mortgage doesn’t need to be scary. With 15 year of experience I have the knowledge to find the perfect mortgage product for your unique financial situation. Contact me today. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #stalbertrealestate #stalbert #happyhalloween

The Bank of Canada announced their cut the overnight lending rate by 0.50% to 3.75%. All variable rate mortgages, home equity lines of credit, and other unsecured loans and lines will all be impacted immediately as lenders adjust their prime lending rates down by the same amount. This is the 4th consecutive rate drop by the Bank of Canada. Their next meeting is December 11th for the final rate decision of the year. #MortgageRates #mortgagenews #stalbertmortgages

If you want to buy a home in the future, book a pre-approval appointment with me today. I will help you determine what you need to get ready. During this appointment, you will learn what documents are required, how your credit is, the amount of down payment you will need, and what price range you can afford when it comes to a mortgage. With this knowledge in hand, you will have a plan to reach your goal in no time. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #mortgageplan #preapproval #preapproved

Did you know that using a mortgage broker is free unless you are going through a private lender? We are only paid by the lender/bank once your mortgage is complete. This ensures we do our job to the best of our ability. So why not take advantage of all our knowledge and get the best mortgage product for you? Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #nocharge #nocatch #stalbertrealestate #mortgagetips #howtobuyahouse #homefinancing #stalbertmortgagesl

What qualifies as income towards your mortgage? ✅ Employment income - Ideally they want you to be employed at the same corporation for a year or the same line of work and not be on probation do to it being a new position. ✅ Self-Employment - You will require a track record of consistent income. The standard is a 2 year average of your net taxable income. ✅ Seasonal Income - You will be required to prove sustainability by providing a 2 or 3 year track record. Usually an average income over these years will be used for qualifying purposes. ✅ Overtime - You will need a 2-3 year track record of overtime in order to use overtime income. ✅ Pension Income - Guaranteed pension incomes are generally accepted as income. ✅ Child Tax Credit - This income will be considered by some lenders. If you have any questions on which income you can use towards you mortgage, contact me today! Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #howtobuyahouse #stalbertrealestate #qualifiedincome

Looking to get a mortgage faster? The key is to get prequalified! This way you will have all of your documents in order. You will know if there are any problems with your credit and be able to fix any errors ahead of time. You will be advised of what kind of downpayment and closing cost you will need. Plus I can answer any questions you may have and walk you through the process. When you find the right house, you will be able to make an offer with confidence, knowing the mortgage process will go smoothly. If you are ready to get started, call Raeann @ 780-914-2620 #prequalified #stalbertmortgages #mortgageplan #preapproval #preapproved #stalbert #stalbertrealestate 54w

Warm thoughts and best wishes for a happy and healthy Thanksgiving. #stalbertmortgages #stalbertrealestate #stalbert #happythanksgivingday

Are you ready to take the big leap and become a homeowner? Here are a some signs that you are: - If you have a steady income✅ - If you’ve been saving for a down payment and closing costs✅ - If you want to stay in the area for a few years✅ - If you want freedom to design or renovate✅ - If you have contacted a mortgage broker and have been pre-approved for a loan✅ How many check marks did you get? Are you ready to stop paying rent and start building home equity? Contact me today! Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #homeownership #mortgageplan #downpayment #homefinancing

No matter which way the real estate market is leaning, buying now means you can start building equity immediately. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #investinyourhome #homeequity #stalbertrealestate #stalbert

Mortgage Tip Monday! By choosing to make bi-weekly payments, you can end up paying one extra mortgage payment per year. This will help reduce the amount of interest you pay, and the time it takes to pay off the mortgage. #stalbertmortgages #mortgageplan #mortgageoptions

Let me do the legwork for you! I take the time to understand your unique financial plans and long-term goals, ensuring that your mortgage solution is more than just about rates, but about your individual needs and aspirations. A mortgage is a long-term commitment that can impact your long-term financial decisions. I have the tools to build you a customized mortgage blueprint, a unique mortgage plan that includes the features and options that you require for your specific situation. I have access to a network of over 50 different lenders, including major banks, credit unions, mortgage trusts, and many other national and regional lenders. The great news is that they all want your business! I am negotiating the best rate for the mortgage product that fits your unique situation. Applying for a mortgage is easy with me. Contact me today! Phone: 780.914.2620 Email: raeann@mortgageengineer.ca #stalbertrealestate #stalbertlife #stalbert #stalbertmoms #stalbertbusiness #stalbertliving #howtobuyahouse #crunchingnumbers #crunchingnumberslikeaboss #homefinancing #1sttimehomeowner #mortgageoptions #keystonemortgagecorp #uniqueplan #FunFactFriday #stalbertlocal #stalbertmortgages

Thank you for you kind words. With over 15 years of experience, I can help you get financing for your home quickly and efficiently. If you know anyone who is looking for a home, I am here to help. Call : 780.914.2620 Email: Raeann@MortgageEngineer.ca #testimonial #clientreview #clientlove #HereToHelp #stalbertrealestate

The government implemented housing initiatives. One of the initiatives to hopefully help with affordability and provide some relief is the Tax Free First Home Savings Account(FHSA). This will give prospective first-time home buyers the ability to save $40,000 on a tax-free basis. If you are wanting to buy your first home, book an appointment today. Call 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #mortgageplan #mortgageoptions #keystonemortgaecorp #downpayment #homefinancing #crunchingnumberslikeaboss #stalbertbusiness #stalbert #stalbertrealestate #Housinginitiative #FHSA

Big news! Insured mortgage holders can now switch lenders at renewal without being subject to another stress test. This will foster greater competition and ensure Canadians have access to the best mortgage deals. Do you have a mortgage renewal coming up soon? Make an appointment today so I can find you the best mortgage rate! Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #mortgageoptions #mortgagenews #mortgagelender #mortgagerenewal

Guess what? First-time homebuyers and all buyers of new builds will now be eligible for 30-year insured mortgage amortizations. This will help more Canadians achieve their dream of owning a home by decreasing the monthly payments. Follow me for more important mortgage information. #stalbertmortgages #mortgagenews #homefinancing #mortgagetips #stalbertrealestate

There is going to be an increase in the insured mortgage price cap! The government is raising the price cap from $1 million to $1.5 million to match today’s housing market. This change, effective December 15, 2024, will help more Canadians qualify for insured mortgages and make homeownership more attainable, especially for younger Canadians. Make an appointment today to get pre-approved and ready for when this change is in effect. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #preapproval #preapproved #stalbertrealestate #pricecapincrease #insuredmortgage

Have you been declined by a bank? There are multiple lenders, each with different policies. I have the education and experience to know which lender is right for you. Just because one lender has told you no does not mean that I can not find another lender who will approve you. Call to make an appointment today at 780-914-2620. #stalbertmortgages #howtobuyahouse #mortgagelender #mortgagebroker #stalbertrealestate

The first step in purchasing a new home or rental property is getting a mortgage pre-approval. Being pre-approved makes your shopping experience that much easier because you’ll be able to narrow down your search to what you can afford and already have an idea of what it will cost you monthly. Getting a mortgage pre-approval is FREE and easy. Just fill out a mortgage application and let me take care of the rest. I will go to work constructing your unique mortgage blueprint, and then I’ll go through my lender network and secure you the best rate for a mortgage product that meets your needs. I am excited to be part of your journey towards achieving your financial and homeownership goals through your mortgage. #stalbertmortgages #preapproval #preapproved #stalbertrealestate

Are you looking to buy a house in the near future? For most people, their mortgage is their largest debt obligation, and their home is usually their most significant asset. This is why having a well-thought-out mortgage plan is essential. The right mortgage plan can protect you from a downturn in the economy, save you thousands of dollars in interest payments, and help you build your wealth over time. If you have any questions about a mortgage, feel free to call me at 780-914-2620. #mortgageplan #stalbertmortgages #stalbertrealestate #howtobuyahouse

Applying for your first mortgage? You can increase your chances of being approved and check your credit ahead so there are no surprises. You can also scroll up to my bio and click the link to my website to download a checklist of all the documents you will require to be pre-approved. When you are ready, contact me at Raeann@MortgageEngineer.ca or 780-914-2620. #stalbertmortgages #preapproved #stalbertlocal #homefinancing #howtobuyahouse #stalbertrealestate

Are you looking for a place that you love to call home? Getting pre-approved is the first step to buying your dream home. Then, you can concentrate on finding the perfect place to make beautiful memories with your loved ones. Don’t miss out on the opportunity to gain valuable insights. Schedule your free consultation today! Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #preapproval #preapproved #stalbertlocal #stalbertrealestate #stalbertlife #stalbert

Attention first-time home buyers! it is important to understand how to budget for your home expenses. Remember, it’s not just you who needs to be on top of your finances. Lenders also play a crucial role in ensuring you have the financial stability to cover all these expenses before approving a home loan. Here is a breakdown of the numbers for you so you can plan accordingly: HOUSING = 35% - This includes mortgage payments, property tax, utilities etc. TRANSIT = 15% - Car payments, bus passes, maintenance, etc. DEBT = 15% - Credit cards, loans, lines of credit, etc. SAVINGS = 10% - Long-term savings for retirement LIFE = 25% - Food, vacations, childcare, medical care, fun, etc. If you would like to book a free consultation to determine how much of a mortgage you can be approved for with your income and monthly expenses, contact me today. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #budget #monthlyexpenses #monthlypayments #stalbertmortgages #stalbertrealestate

Fun Fact Friday! What exactly is Prime Rate? This is the rate that a lender uses as a reference for its variable-rate mortgages. Lenders closely track the overnight rate set by the Bank of Canada, which serves as the basis for the prime rate. Whether you’re looking for a new home or need to renew your mortgage, I’m here to help. I can hold a rate for up to 120 days, providing you with the peace of mind that I’m committed to meeting your financial needs. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #homefinancing #stalbertrealestate #primerate #mortgagefact

Thank you for the kind words. With my access to a network of over 50 different lenders, including major banks, credit unions, mortgage trusts, and many other national and local lenders, I can assure you of a personalized and tailored mortgage service. The great news is that they all want your business! I will negotiate the best rate for the mortgage product that best fits your unique situation on your behalf. Please get in touch with me today if you or someone you know is looking for a mortgage. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #testimonial #ClientLove #clienttestimonial #stalbertmortgages #stalbertrealestate

If you’re in the market for a new home or a new rental property, you need a mortgage broker who can create a long-term mortgage plan unique to you and your specific goals. For most people, their mortgage is their largest debt obligation, and their home is usually their most significant asset. This is why having a well-thought-out mortgage plan is essential. The right mortgage plan can protect you from a downturn in the economy, save you thousands of dollars in interest payments, and help you build your wealth over time. I specialize in building unique mortgage solutions and making the often daunting process of applying for a mortgage easy and straightforward. Contact me today for your free consultation. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #mortgageplan #mortgageoptions #stalbertrealestate #mortgagebroker

What type of mortgage product are you looking for? Whether you are new to Canada, buying a fixer-upper, helping a family member buy a home, or are self-employed, we understand your unique situation and have a tailored mortgage product just for you. Different lenders cater to different products and, therefore, have better rates. Having the experience and knowledge, I know which lender is best for your unique situation. If you want the right mortgage, contact me at Raeann@MortgageEngineer.ca or 780-914-620.

Are you looking to buy a home? Trying to find the perfect mortgage can be a bit much, so why not let me do all the hard work for you? This way, you will have more time to find your perfect house. If you need a mortgage or have questions, call me at 780-914-2620. #stalbertmortgages #stalbertrealestate #homefinancing #howtobuyahouse

The term of the day is Bridge Loan. What exactly is a bridge loan? Let’s delve into the benefits of a bridge loan. It’s a short-term financial solution that’s particularly useful when you’re in a situation where you need the proceeds of the sale of your original home to pay for the down payment of your new home, but your possession date on your new home is before your original house sells. In this scenario, the bridge loan steps in to cover the down payment until your house sells, providing a seamless transition. Not every lender provides a bridge loan, so if you get a mortgage through one, you may have to find a bridge loan with a completely different lender. I have the experience to arrange the proper mortgage ahead of time, saving you the hassle of finding multiple lenders. If you or anyone you know needs mortgage advice, please feel free to contact me today. Call: 780.914.2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #bridgeloan #stalbertrealestate #mortgagetips

Are you on the path to becoming a homeowner? Before you go shopping, you need to know what is within your price range. This way, you will not waste your valuable time falling in love with a home you will not be approved for. Being pre-approved also means that sellers will take your offer seriously, and you can offer with confidence. Plus it means that your documents will already be in order, so we will have a shorter financing time. If knowing what you can afford and being organized, confident, and prepared appeals to you, give me a call at 780-914-2620. #stalbertmortgages #preapproved #preapproval #homefinancing #stalbertrealestate

Attention Home Buyers! Lenders do a last-minute credit check right before closing. Make sure to: - Pay your bills on time. - Don’t increase the balance on credit lines. - Don’t open new accounts. - Don’t close existing accounts. If you have any questions about your mortgage, email me at Raeann@MortgageEngineer.ca. #stalbertmortgages #howtobuyahouse #mortgagetips #stalbertrealestate

Why should you use me as your mortgage broker? Everybody is unique and may be in different situations and therefore would require different mortgage needs. I understand that over the years your mortgage needs may change. I am committed to providing the right solution to you not just now, but over the years, ensuring your long-term financial security. I take the stress out of choosing the best mortgage for your needs by considering the interest rate, payment privileges, payment penalties, long-term savings, family goals, and much more while working for you! With over 10 years of experience, I have built relationships with multiple lenders so I can get the best mortgage and lock it in for 120 days. My service is free of cost to you. I am paid by the lender, which is the best choice for you. This makes it a win-win for everyone. Contact me today if you want to make your home-buying experience easier. Phone: 780.914.2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #homefinancing #mortgagebroker #stalbertrealestate

Does your mortgage allow prepayments? With the flexibility of prepayment options, you can make large sum payments on your mortgage principal without incurring any penalties, giving you the confidence to manage your finances effectively. By making these prepayments, you can pay down your mortgage faster and save money on interest. If you are looking for a new mortgage or to renew with prepayment options, contact me today at Raeann@MortgageEngineer.ca #prepayments #stalbertmortgages #mortgageplan #mortgagetips

Why is it important for you to get a home inspection? A home inspection is when a licensed home inspector gives the buyer an unbiased, physical evaluation of the house’s overall condition. It is in your best interest to get a professional home inspection. They will tell you if any major issues or maintenance are needed, so there are no expensive surprises down the road. I’m here to make your home-buying process as smooth as possible. I’ll connect you with trusted professionals, saving you time and effort. Contact me today! Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #homeinspection #nosuprises #stalbertmortgages #stalbertrealestate

Are you ready to take the big leap and become a homeowner? Here are some signs that you are: - If you have a steady income✅ - If you’ve been saving for a down payment and closing costs✅ - If you want to stay in the area for a few years✅ - If you want freedom to design or renovate✅ - If you have contacted a mortgage broker and have been pre-approved for a loan✅ How many check marks did you get? Are you ready to stop paying rent and start building home equity? Contact me today! Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #mortgageplan #mortgageoptions

If you’re in the market for a new rental property, then you need someone who can build a long term mortgage plan unique to you and your specific goals. Let me do the leg work for you and find out which mortgage product made for property investors is best for you with the lowest rate. Contact me today for your free consultation. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #rentalproperty #rentalpropertyinvesting

What is the 1st step to buying a house? That is right! It is getting pre-approved. Before you go shopping you need to know what is in your price range. This way you do not wasting your valuable time falling in love on a home you will not be approved for. Being pre-approved also means that sellers will take your offer seriously, and you can offer with confidence. It also means that your documents will already be in order so we have a shorter financing time. If knowing what you can afford, being organized, confident and prepared sounds appealing to you, give me a call @ 780-914-2620. #stalbertmortgages #mortgageplan #mortgageoptions #preapproval

The day is finally here! The closing date is when ownership rights are transferred from a seller to the buyer and the buyer takes possession of their new property. The day when you get your keys and finally get to move into your dream house. This is my favourite day! Are you dreaming of owning a home someday? Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #closingday #stalbertmortgages #stalbertrealestate #mortgagetips

AIs your mortgage up for renewal soon? This is a great chance to reassess your finances, review your goals and secure the optimal rate. This is a great opportunity to to make informed decisions and maximize your mortgage benefits. Contact me to see what your mortgage can do for you. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #mortgagerenewal #mortgagerates #stalbertmortgages

Are you in the market to buy your first home? If so, you do not have to do it alone. With 15 years in the industry I have the experience and knowledge to help you find the perfect mortgage to fit your unique financial needs. I will take the time to answer all of you questions and explain everything that you need to know so you can make an offer on your dream house with confidence. If you want help making your goal of becoming a homeowner a reality, contact me today! Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #stalbert #stalbertrealestate #1sttimehomeowner

Make sure you are not making these mistakes! 1️⃣ Not sticking to your budget. 2️⃣ Not using a Real Estate Agent. 3️⃣ Buying a house on looks alone. 4️⃣ Not getting an inspection. 5️⃣ Not using a Mortgage Broker. If you need advice on buying a home without making any mistakes, email me at Raeann@MortgageEngineer.ca #stalbertmortgages #howtobuyahouse #stalbertrealestate #1sttimehomebuyer

Fun Fact Friday! Mortgage underwriting is when a lender calculates the risk associated with you mortgage loan for a premium (the interest you pay). This will include checking your credit, property, affordability, and eligibility. #underwriting #creditcheck #affordability #stalbertmortgages

Are you looking to buy a house in the near future? For most people, their mortgage is their largest debt obligation and their home is usually their most significant asset. This is why having a well thought-out mortgage plan is so essential. Having the right mortgage plan can protect you from a downturn in the economy, save you thousands of dollars in interest payments, and can help you build your wealth over time. If you have any questions about a mortgage, give me a call at 780-914-2620. #starttoday #stalbertmortgages #mortgageplan #mortgageoptions #stalbertrealestate

Are you getting a divorce and wanting to buy a house? There is a mortgage product just for you. It is called a Spousal Buyout Mortgage and it allows a remortgage up to 95% of the value of your home, which can provide a fair buyout and possibly pay off any other joint debt. If you are wanting to buy out your spouse, contact me today. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #mortgageplan #mortgageoptions #homeequity

When it comes to getting a mortgage, a credit score matters. If you need help understanding your credit score, you can download a guide to help you understand it on my website. scroll up👆 to my bio to find the link! If you have any questions contact me at Raeann@MortgageEngineer.ca or 780-914-2620 #creditscore #stalbertmortgages #mortgagetips #stalbertrealestate

Is your family growing? If you are needing a bigger house for your growing family, book your pre-approval today. A pre-approval will ensure that you are prepared knowing how much of a mortgage you can be approved for. The amount of down payment you will need and what your payments will look like. Contact me today! Call 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #stalbertfamily #stalbertrealestate

Mortgage Term Monday! The principal is the balance of money owed to a lender on your mortgage not including interest. If there are any mortgage terms that you want to learn, comment bellow👇👇👇 #stalbertmortgages #homeequity #mortgagetips #stalbertrealestate

What is a Purchase Plus Improvement Mortgage? A purchase plus mortgage helps qualified home buyers carry home improvement costs into their mortgage with as little as 5% down. It is for borrowers who want to make improvements to their home immediately after taking possession of the purchased property, the Purchase Plus Improvements Program allows you to do so with one manageable mortgage. Some of the requirements are: - The improvements have to increase the value of your home. - You will need an estimate to be approved by the lender. - You need to pay for the improvements upfront, and the lender will reimburse you when completed. If you find a home that would be a perfect fit, but needs a little love, contact me today to see if this is the right product for you. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #PurchasePlusImprovements #stalbertmortgages #mortgageoptions #homefinancing #stalbertrealestate

Thank you Juliuz! I appreciate and am honored by your trust in me. I enjoy working with long term clients and you have always put your mortgage needs in my hands, for that I am extremely grateful. #clientreview #testimonial #grateful #happytohelp #clientlove

There are 3 insurers in Canada that can cover your mortgage. They all have excellent products to help you get into a home for as little as 5% down. 👉Canada Guarantee 👉Canadian Mortgage & Housing Corporation (CMHC) 👉Genworth Financial Canada Sagen These insurers offer a number of programs that allow access to affordable housing programs across Canada. The premium is calculated as a percentage of the mortgage and is based on the size of your down payment. Don’t worry, the premium can be added to your mortgage and included in your payments. If you are looking for a new mortgage, contact me today and we can see which insurer is best for you. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #MortgageInsurance #stalbertmortgages #mortgageoptions

Questions about getting into your own home? Book an appointment with me today. I can help find a mortgage to fit your unique financial situation. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #mortgageplan #stalbertmortgages #stalbertrealestate

Happy Canada Day! I hope you are enjoying your long weekend! #stalbertfamily #stalbert #albertacanada #stalbertlife

Did you know a large down payment doesn’t guarantee a mortgage approval? Lenders still have to look at multiple factors such as: - Credit score - Employment - Assets - Debt-to-Cash ratio A down payment is only a portion of what you need for a mortgage. If you are wondering if you will be approved, contact me at Raeann@MortgageEngineer.ca today. #downpayment #stalbertmortgages #preapproval

Are you wanting to pay off your mortgage faster? Here are some tips to reach your goal: 1️⃣ Shorten your amortization period - By Shortening your amortization period, you will be increasing your monthly payments. Not only will your mortgage be paid off faster, you will also be saving by paying less interest. 2️⃣ Increasing your payment frequency - If you choose bi-weekly payments, you will be making one additional payment every year. 3️⃣ Make a larger down payment - Putting more money down results in a smaller loan. A smaller mortgage will be easier and quicker to pay off. Remember every little bit counts when it comes to paying off your mortgage faster. If you have any mortgage questions email me at Raeann@MortgageEngineer.ca #mortgagepayments #mortgagetips

Are you having trouble with the downpayment for you new home? The great news is your parents or a close blood relative is allowed to gift you the down payment. They just need to provide a letter stating you are not expected to pay it back and proof of funds. Some restrictions apply. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #downpayment #stalbertmortgages #stalbertrealestate

Are you thinking about an investment property? Investing in properties has a lot of benefits. It allows you to make extra income on the side, invest long-term, and can help pay down your mortgage. For more information on mortgage products for investment properties contact me today! Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #investmentproperty #stalbertmortgages #mortgageplan #stalbertrealestate

Happy Father’s Day, all you dads out there! Hope your day is full of fun and relaxation! #stalbertfamily #stalbertlocal #happyfathersday2024

Have you ever signed a document and found out later that there was an extra charge that you missed? I will go through the paperwork with you and explain anything that you do not understand. It is my goal to insure that you completely understand all of the mortgage documents before you sign them. If you need help finding the perfect mortgage for you, contact me today! Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #mortgagedocuments #HomeFinancing #stalbertmortgages

Applying for your first mortgage? Increase your chances of being approved and check your credit ahead so there are no surprises. You can also scroll up to my bio and click the link to my website where you can download a checklist of all the documents you will require to be pre-approved. When you are ready, contact me at Raeann@MortgageEngineer.ca or 780-914-2620 #stalbertmortgages #mortgageplan #preapproval #stalbertrealestate

Did you know? Unless you are going through a private lender, using a mortgage broker is at no cost to you! We only get paid by the lender/bank, once your mortgage is complete. This insures we do are job to the best of are ability all the way to the end. So why not take advantage of all or knowledge, and get the best mortgage product for you? Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #nocharge #nocatch #stalbertrealestate

Not sure where to start when it come to the mortgage process? For most people, their mortgage is their largest debt obligation and their home is usually their most significant asset. This is why having a well thought-out mortgage plan is so essential. Having the right mortgage plan can protect you from a downturn in the economy, save you thousands of dollars in interest payments, and can help you build your wealth over time. If you have any questions about the mortgage process give me a call at 780-914-2620. #stalbertmortgages #mortgageplan #homefinancing #howtobuyahouse #stalbertrealestate

When is your first mortgage payment? When buying a home there is a lot to consider. You are asked what seems like a million questions, and you have just as many. Sometimes one of the questions that is forgotten is “When does my first mortgage payment come out of my bank account?” You first payment is 1 month after your closing date! If you have any questions I will always be there happy to help. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #mortgagepayment #firstpayment #stalbertmortgages #stalbertrealestate

Do you have the right plan in place for your mortgage? Having a well thought-out mortgage plan is essential. Having the right plan can protect you from a downturn in the economy, save you thousands of dollars in interest payments, and can help you build your wealth over time. I have access to a network of over 50 different lenders including major banks, credit unions, mortgage trusts and many other national and regional lenders. The great news is they all want your business! I can negotiate the best rate for the mortgage product that best fits your unique situation on your behalf. If you would like some help, contact me today. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #mortgagelenders #stalbertmortgages #mortgageplan #stalbertrealestate

What is an uninsured mortgage? If you have a 20% down payment or more, you are not required mortgage insurance. Mortgage insurance is a premium, that is calculated as a percentage of the mortgage and is based on the size of your down payment by the lender. If you or anyone you know is looking for a mortgage and have questions contact me at Raeann@MortgageEngineer.ca. #uninsuredmortgage #mortgageinsurance #DownPayment #stalbertmortgages

I have access to a network of over 50 different lenders including major banks, credit unions, mortgage trusts and many other national and regional lenders. The great news is they all want your business! I can negotiate the best rate for the mortgage product that best fits your unique situation on your behalf. If you or someone you know are looking for a new mortgage, I am here to help. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #clientreview #clientlove #testimonial #grateful

Why is mortgage loan insurance important? The benefits is mortgage insurance allows you to get a mortgage with as little as 5% down. There is a premium, that is calculated as a percentage of the mortgage and is based on the size of your down payment. This cost can be added to your mortgage and included to your payments. Without mortgage loan insurance you will save the premium, but you will require a 20% down payment. If you’re wondering if you will require mortgage loan insurance or not, contact me today. Call: 780-914-2620 Email: Raeann@MoertgageEngineer.ca #mortgageinsurance #stalbertmortgages #mortgageoptions #stalbertrealestate

Is it time to give me a ring? If you have any questions about home financing, then the answer is yes! No matter what stage you are at I am here for you. From planning to buy your first home to renewing or refinancing your mortgage. Book a free mortgage consultation with me and I’ll be happy to answer any questions you have and help steer you in the right direction. Simply contact me at Raeann@MortgageEngineer.ca and I’ll contact you at the time you specify! #stalbertmortgages #refinancing #homefinancing #howtobuyahouse #stalbertrealestate #renewal

Did you know there’s much more involved in finding the perfect mortgage than simply finding the lowest rate? I have access to a network of over 50 different lenders including major banks, credit unions, mortgage trusts and many other national and regional lenders. The great news is they all want your business! I negotiate the best rate for the mortgage product that best fits your unique situation on your behalf. I have the tools to build you a customized mortgage blueprint; a unique mortgage plan that includes the features and options that you require for your specific situation. Contact me today! Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #mortgageplan #mortgageoptions #stalbertrealestate #mortgagebroker

Happy Friday! I hope you have a wonderful weekend.. If you have any mortgage questions email me at Raeann@MortgageEngineer.ca #stalbertmortgages #stalbert #stalbertlife #stalbertrealestate

My business is built through referrals from satisfied clients, and that’s why it’s important to me that your experience is an awesome one! Getting your mortgage is a big decision and it can also be a powerful wealth-building financial tool I will go to work constructing your unique mortgage blueprint and then I’ll go through my lender network and secure you the best rate for a mortgage product that meets your needs. I look forward to helping you achieve your financial and homeownership goals through your mortgage! Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #mortgageplan #homefinancing #howtobuyahouse #stalbertrealestate

Happy Mother’s Day! We wouldn’t be here without you. #happymothersday #momsday #stalbertmoms

Attention Home Buyers! Lenders do a last minute credit check right before closing. Make sure to: - Pay your bills on time. - Don’t increase the balance on credit lines. - Don’t open new accounts. - Don’t close existing accounts. If you have any questions about your mortgage email me at Raeann@MortgageEngineer.ca #CreditCheck #stalbertmortgages #howtobuyahouse #mortgagetips #stalbertrealestate

Are you trying to figure out which mortgage product is the best for you? I have access to a network of over 50 different lenders including major banks, credit unions, mortgage trusts and many other national and regional lenders. The great news is they all want your business! I can negotiate the best rate for the mortgage product that best fits your unique situation on your behalf! If you would like me to the work for you, ensuring that you get the best deal, contact me today at Raeann@MortgageEngineer.ca or 780-914-2620 #stalbertmortgages #mortgageplan #mortgageoptions #mortgagelenders #stalbertrealestate

Is your dream to own your own home? If so, now is the time to contact me. I can help you make a financial plan to make your dream a reality. It is never too soon#startnow or too late to start, so contact me today. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #dreamhome #dreamit #stalbertrealestate

What payment option will you choose? You can select whether you want to pay your mortgage monthly, semi-monthly, bi-weekly or weekly. It all depends on your preference, payday, financial goals and lifestyle. You choose which one suits you the best. Which payment frequency suits you the best? When we set up you mortgage you can choose between a weekly, bi-weekly, monthly or semi-monthly payment. People usually line up their mortgage payments with their paychecks, but if you choose weekly or bi-weekly there are more payments made per year and you end up paying less interest. Let’s talk about how accelerating your payments can help pay your mortgage down faster and by how much Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #mortgagepayments #stalbertmortgages #stalbertrealestate

Thank you for you kind words. With over 15 years of experience, I can help you get financing for your home quickly and efficiently. If you know anyone who is looking for a home, I am here to help. Call : 780.914.2620 Email: Raeann@MortgageEngineer.ca #testimonial #clientreview #clientlove #HereToHelp #stalbertrealestate

Don’t forget about closing costs! Whether you’re buying or refinancing, you will have to pay closing costs. These will include legal and transfer fees. The general rule is to expect up to 1.5% - 4% of the price of the home. Lenders always insure you have this money on hand before approving the mortgage. If you or someone you know are looking for a mortgage, contact me today. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #closingcosts #stalbertmortgages #refinance #homefinancing #stalbertrealestate

Are you thinking of making a big purchase in the future? Are considering buying a house and a car, but not sure which to buy first. A car payment can be on average between $400-$800 a month. If you buy a vehicle first, this huge payment can impact your overall purchasing power. If you need a vehicle, make sure to buy one within your budget so that it will still be able to qualify for the house that you want. Are wondering if you will qualify for a mortgage? Contact me today! Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #newhome2024 #newcar #stalbertmortgages

What is the first thing that you should do when buying a home? If you are looking for a place to call home, this is what you need to do👇 Step 1 - Is to contact me and get pre-approved. Once you know how much you can afford then... Step 2 - Contact a real estate agent. If you do not have one, I have many experienced agents on my team. Step 3 - Find your dream home! Call: 780-914-2620 Email: Raeann@MortgageEngineer.Ca #newchapter #stalbertmortgages #stalbertrealestate #howtobuyahouse #homefinancing

Would you choose a variable rate? First, a variable rate mortgage is when the interest rate can increase or decrease depending on the prime rate, which is determined by the Bank of Canada. *Right now, the variable rates are the lowest rates offered in the market. *They also offer you a potentially a higher buying power! - This is because fixed rates have increased recently to the point where lenders are qualifying using the stress test calculation of contract rate + 2%. This is the greater of the typical base qualifying rate of 5.25% we have been using. **** We only use 5.25% on a variable rate, thus the potential greater buying power. This may be an excellent option to get you into your dream home, but only if you are comfortable with the fluctuating payments. To see if a variable rate may be the right fit for you, contact me today. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #mortgagerates #mortgagetips #variablemortgage

New home buyer incentive! Effective April 16th, first-time home buyers can withdraw up to $60,000 from their RRSPs. This amount use to be $35,000. The government said this change reflects the reality that the size of a down payment and the amount of time needed to save up for one are much larger than they used to be. If you are ready to buy your first home, contact me today! Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #RRSPs #DownPayment #downpaymenttips

Rate Update! The Bank of Canada has kept the overnight rate at 5% for the 6th consecutive time. It is a great time to be in the market looking for a new home. If you are need a new mortgage, renewal or wanting to refinance, contact me today. Call: 780-914-2026 Email: Raeann@MortgageEngineer.ca #mortgagerates #stalbertmortgages #refinancing #renewal

Exciting News! Starting Aug. 1, 2024, first-time homebuyers may qualify for 30-year amortization periods on insured mortgages, purchasing newly built homes. Currently the longest amortization period for home buyers with less than 20% down is 25 years. By extending amortization, monthly mortgage payments will lower and will make owning a home more attainable. Contact me today to see if you will qualify for the new 30-year amortization. Call: 780-914-2620 Raeann@MortgageEngineer.ca #thirtyyearamortization #newhomes #1sttimehomebuyer #firsttimehomebuyer

It is good to know what you can use as income, as this can increase your purchasing power. There are lenders out there that will accept up to 100% of your CCB for any child 12 or younger, as long as it is not your only income. Sometimes this little bit extra is all you need to get your dream house. If you are wondering how much you can be approved for and if you are able to use child tax benefits call me today at 780-914-2620. #CCB #childtaxbenefits #purchaseingpower

Are you to busy to research which mortgage is the best for your specific needs? I take the time to find out what your future financial plans are and I take into consideration your long-term goals. There’s much more involved than simply finding the lowest mortgage rates. A mortgage is a long-term commitment that can have an impact on your long-term financial decisions. I have the tools to build you a customized mortgage blueprint; a unique mortgage plan that includes the features and options that you require for your specific situation. I have access to a network of over 50 different lenders including major banks, credit unions, mortgage trusts and many other national and regional lenders. The great news is they all want your business! I negotiate the best rate for the mortgage product that best fits your unique situation on your behalf. Applying for a mortgage is easy with me. Contact me today! Phone: 780.914.2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #mortgageoptions #crunchingnumberslikeaboss #howtobuyahouse

Are you wondering what type of income is required to by housed? There are a lot of thing to consider before I can actually give you the dollar amount. For example, how much debt you you have, you monthly bills, what the utilities in the house you are wanting to buy. The research for Alberta says: Average price of house = $446,919 20% down payment = $89,384 Mortgage = $357,535 Income required = $100,000/year Once again, these numbers are just an approximation and will very from property to property and on the nuances of each application and lender including, but not limited to rate term and amortization. Contact me today for mor information about qualifying for your dream home. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #preapproval #crunchingnumberslikeaboss #howtobuyahouse

What type of mortgage product are you looking for? Whether you are new to canada, buying a fixer upper, helping a family member buy a home, Self employed, there is a mortgage product meant for you. There are different lenders that cater to different products and therefore have better rates for these. Having the experience and knowledge, I know which lender is best for your unique situation. If you are looking for the right mortgage contact me at Raeann@MortgageEngineer.ca or 780-914-620 #stalbertmortgages #stalbertrealestate #mortgageoptions #mortgageproducts

Home is a starting place for love, hope and dreams. Are you wanting to become a home owner? Together we can make it happen. I have access to lenders wanting to help people in almost any financial situation. Contact me today to see what is available for you. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #homesweethome #stalbertmortgages #stalbertrealestate

Happy, hoppy Easter to you and your family. #easter2024 #HappyEaster #stalbert

If you are wanting to buy a home this year, book a pre-approval appointment with me today. I will help you figure out what you need to get ready. During this appointment you will learn what documents are required, how your credit is, the amount of down payment you will need and what price range you can afford when it comes to a mortgage. With this knowledge in hand, you will be able to have a plan to reach your goal in no time. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #mortgageplan #preapproval #howtobuyahouse

Are you wanting to become a home owner? Together we can make it happen. I have access to lenders wanting to help people in almost any financial situation. Contact me today to see what is available for you. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #journeyhome #stalbertmortgages #stalbertrealestate

I can help! If you are struggling to pay off your tax debt, I can help you tap into your home equity. We can secure the funds needed to pay off your tax debt and possibly any other outstanding bills. Contact me today to see if this may be an option for you. Call: 780-914-2620 Email: Raeann@MortgageEngineer.ca #stalbertmortgages #homeequity #refinancing #taxtime