Peter Lirantzis
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More Seniors are Taking Advantage of Reverse Mortgages

More Seniors are Taking Advantage of Reverse Mortgages

by Peter Lirantzis | Aug 6, 2020 | Blog, Finance, Homeownership, Mortgage

Canadian seniors who are feeling the financial effects of the COVID-19 pandemic are showing interest in reverse mortgages as a way to stay in their current homes.   With a reverse mortgage, Canadians aged 55+ can borrow funds against home equity. No payments are...
How Much Do You Need to Save for a Down Payment?

How Much Do You Need to Save for a Down Payment?

by Peter Lirantzis | Jul 24, 2020 | Blog, Homeownership, Mortgage

If you’re thinking of buying your very first home, one of your biggest concerns is likely centred around how much money you need to have set aside for your down payment. And this can, no doubt, seem extra nerve-wracking when you haven’t yet done the math. The minimum...
Listen to Experts About Housing Predictions, Not the Media

Listen to Experts About Housing Predictions, Not the Media

by Peter Lirantzis | Jul 17, 2020 | Blog, Economy, Homeownership, Mortgage

It’s important not to subscribe to the doom and gloom media reports about the Canadian housing market, especially in the midst of COVID-19 emergency measures.    The reality is that, regardless of what you’re reading in the mainstream media, people are still...
What You Do Between Mortgage Approval and Funding Matters!

What You Do Between Mortgage Approval and Funding Matters!

by Peter Lirantzis | Jul 10, 2020 | Blog, Homeownership, Mortgage

It’s important to pay attention to the little things that can make or break your chances of qualifying for a mortgage – and keeping your approval all the way through to closing.   Did you know that it’s fairly common practice for mortgage lenders and insurers to...
Buying a Home for University or College Students

Buying a Home for University or College Students

by Peter Lirantzis | Jun 26, 2020 | Blog, Economy, Homeownership

For most parents, watching their children head off to college or university causes a wide range of emotions. Hopes and happiness are mixed with worries and sadness and the adjustment can be very difficult.    Emotions aside, there is also the weight of the...
What Do You Need to Be Preapproved for a Mortgage?

What Do You Need to Be Preapproved for a Mortgage?

by Peter Lirantzis | Jun 19, 2020 | Blog, Economy, Homeownership, Mortgage

Before you head out home shopping, it’s important to first determine how much you can comfortably afford to spend. Not only will getting your mortgage agent to arrange a pre-approval help you understand what lenders look for when granting you a home loan, but it will...
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