Ask The Experts: Peter Kostecki Interviews Top Mortgage Agent on Creative Mortgage Solutions in 2023

Описание: In this inaugural episode of "Ask The Experts with Peter Kostecki," Peter interviews Dan Simpson, a top mortgage agent at Dominion Lending. Peter, who has personal experience with Dan's expertise, asks him 20+ insightful questions about the mortgage process in Ontario.

Some of the topics discussed include:
• The benefits of working with a mortgage agent
• The requirements for obtaining a mortgage in Ontario
• Getting a mortgage while self-employed, or as a recent immigrant
• The differences between insured and uninsured mortgages
• Tips for improving credit

Whether you're a first-time homebuyer, an immigrant with permanent residency, or someone looking to stretch out their amortization, this episode offers valuable insights and expert advice for anyone looking to navigate the complex world of mortgages.

Connect with Dan Simpson:
[email protected]
Office: (519) 885-8852
Cell: (519) 570-8807

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Chapters

00:00 - Welcome
00:17 - Introducing Dan Simpson of Dominion Lending
02:09 - What’s going on with Canadian mortgage rates right now?
03:26 - Where do you see rates going this year?
04:32 - Why is 2023 the year of the fixed-rate mortgage?
05:39 - Recommendations for buying in 2023
07:27 - What are the requirements for getting a mortgage in Ontario?
09:25 - Approval success rate: insured VS. uninsured mortgages
10:40 - What are the benefits of working with a mortgage agent VS. one of the big banks?
13:27 - How to get into a home with under a 20% down payment
15:18 - FAQ: how are all these young people affording to buy right now?
16:21 - Who would benefit from an insured VS. uninsured mortgage?
17:46 - How does an insurance premium work?
19:06 - Advice for recent immigrants
20:47 - Case study: a business owner who doesn’t make a lot on paper
22:53 - Realtors being vilified: supply VS. demand
23:52 - What steps can young people take to improve their potential of being a homeowner?
26:29 - Peter’s thoughts on credit card debt and lack of financial literacy in young people
33:33 - Goodbyes

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Our Website:
https://www.Kostecki.ca

Check us out on social media:
  / kosteckirealestate  
  / peterkosteckirealestate  

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