Robert Floris CFP, AMP
Lead Mortgage Agent
M08004919
905-574-9200 Ext. 215
Top 5 List Of Reasons To Switch Mortgage Lenders If your mortgage is maturing, chances are that you will know about it because your existing lender will start inundating you with mail and calls. This can start as early as 4 months prior to maturity.[...]
Refinancing A Mortgage? If you are considering refinancing a mortgage, please make sure you do it with a goal in mind. This past spring has been an interesting Spring in our mortgage refinance program, even for a veteran mortgage consultant like [...]
Hamilton Real Estate Market Prices Will Not Increase In The Near Future My heart sank today as I discovered that MacLean’s magazine had written a similar article titled “why house prices are unlikely to rise anytime soon” in April of this [...]
Mortgage Is Maturing? Here's What To Do... If your mortgage is maturing it means that the term of your contact with the lender is ending. This COULD mean that your mortgage will be paid off, but it usually means that 5 years has passed since you set[...]
What Is A HELOC? Often times we are asked the question "what is a HELOC"? A HELOC is an acronym for "home equity line of credit". It's like any other line of credit, but it is secured against the equity in your home so it allows you to enjoy a lower[...]
How Can I Avoid The Stress Test? More and more of our clients are having difficulties qualifying to a mortgage to purchase a home and asking us "how can I avoid the stress test"? If you put less than 20% down on the purchase, there is no way around [...]
Why Do I Need An Appraisal? Do we really need an appraisal? Why do I need an appraisal if I had an appraisal years ago? These are questions we constantly are asked in our office when our clients are refinancing. We will try to answer these questions[...]
What Is The Maximum Mortgage I Can Afford? This is another question we get a lot in our office, but it's a loaded one. The reason is that there are many factors that influence the maximum amount: credit, down payment, income, property type, property[...]
How Can I Access My Home Equity? Many of our clients will ask us for a "home equity loan", not realizing that a home equity loan is any loan that uses your home as security or "collateral" as many people call it. Rephrased, they could ask the [...]