Credit Score Canada


Understanding Your Credit Score Canada; How It Affects Getting A Mortgage
Provided by Genworth Financial Canada

Incurring debt is part of life for most people. Understanding how best to handle credit will help you maintain control of your overall financial situation. Strong credit leads to quick credit approval at the best possible terms. Your credit history must clearly show your willingness and ability to pay your debts.

Credit Score Canada

  • During the application process, lenders look at your Canadian credit record and credit score to check how you’ve managed your debts.
  • It’s a smart idea to review your own credit report and score before applying for a loan.
  • For a small fee, a credit bureau will provide an instantaneous, complete online credit report and credit score that details your current debts and payment history. They also detail what your score level means, how you compare to others, and provide tips to improve your score.
  • You also may receive your credit report (without the credit score) by mail for free by contacting the credit bureau.
  • When you receive your credit report, ensure that all the information and amounts are correct. Look carefully for any past-due or written-off amounts. Uncertainty and ambiguity on your credit report can be dangerous to your financial health.

Correcting Credit Problems

  • If you have never had a loan or credit card, you can still show a good record of timely payments of your utility bills, property taxes or rent.
  • You can establish minor credit relationships, such as short term installment loans or a credit card, and maintain a record of prompt payments.
  • If you have a credit problem because of an unusual situation, write a letter of explanation. Your lender may overlook a credit problem if you can give a good reason for not having made your payment.
  • If you’re constantly struggling to pay your bills, seek professional help. Remember: creditors don’t want to lose money. Let them know if you are having trouble with your payments. Most creditors will work out alternative payment arrangements to help you maintain a good credit rating.

Improving Your Credit Score

  • Plan major purchases carefully and do not accumulate excessive amounts of debt.
  • Pay down existing debts and ensure bills are paid on time, especially minimum payments on credit cards. If necessary, postpone major purchases until you can save the money required.
  • Avoid large purchases before buying a house, since the added debt will affect your mortgage qualifications.
  • Use credit responsibly. Establishing a track record of on-time payments will improve your credit rating.
  • Avoid skipping bills to make other payments since missed payments appear on your credit report and create longer-term problems.
  • Avoid defaulting on payments. Delinquent payments, collection items, and court judgments stay on your credit file for six years, even if you subsequently pay them.
  • Save money regularly for financial emergencies. You also can arrange for credit lines to cover short term cash flow payments, but resist utilizing them on a long term basis to improve your credit score. 

For additional information or to access a link to a credit bureau, visit the Genworth Financial Canada (formerly GE Mortgage Insurance Canada) website at http://www.genworth.ca

If you have bruised credit and are looking to become a homeowner sooner, I can always be reached at 519-760-4391 or melissa@melissabendo.com. 


Refinance Mortgage


Now is a great time to refinance mortgage with interest rates at their lowest. Many Canadians are taking advantage of record low interest rates and applying for mortgage refinancing. For some it is a matter of being able to keep on track with their financial goals and of course save thousands of dollars in unnecessary interest payments. For others it’s a way of financing a luxury item such as a new boat, cottage or even a world cruise. Maybe you just feel like your finances are just a constant revolving door – money in your wallet one minute and gone the next! If you feel like you are just never getting ahead and are losing sleep, then a refinance could be the relief you need.

Why Refinance?
By using the equity in your home, refinancing your existing mortgage can be very advantageous and turns your home into a affordable source of extra financing. Here are some examples:

  • To reduce your monthly payments. Consolidate high interest credit cards and other loans into ONE lower rate, monthly mortgage payment. Mortgage refinancing will help you save money, increase your monthly cash flow and eliminate the stress of making multiple loan payments 
  • To purchase an investment property using existing equity in your current home 
  • To top-up your RRSP investments and at the same time receive an income tax credit! 
  • To lower your existing mortgage interest rate. By reviewing your current credit rating and debts, there might be an opportunity for you to take advantage of your credit score improvements to refinance an existing high interest mortgage. 
  • To buy a big ticket item at a lower interest rate that more traditional financing e.g. auto financing, or personal loans etc. 
  • To help pay for your child’s college or university tuition 
  • To help finance the care of an elderly family member or cover medical expenses 
  • To build your home equity faster. If a recent change in your financial situation has made it possible for you increase your monthly payments, you might want to refinance your mortgage with a shorter term. The higher payments will enable you to pay off your home more quickly and to save substantially on long-term interest charges. 
Home Equity Loan Canada

Taking a look at refinancing could lead to financial independence sooner that you think. Together we can review your current financial situation and provide you with some options including a monthly budget. You may be able to quallify for a home equity loan and borrow as much as 80% of the value of your home and reduce your monthly payments by half with just one low payment. If you want to get ahead, then a refinance or debt consolidation could be the answer. 

The following is an example of how you are able to save each month by refinancing and using your equity in your home to lower your monthly payment and increase your cash flow in Ontario, Canada. The Existing Mortgage Interest Rate is higher then todays interest rates but still illustrates  the advantages of refinancing: 

As an expert in this type of Refinance of Your Ontario Mortgage, I can answer all your questions and provide you with recommendations for great contractors. You can contact me at 519-760-4391 or melissa@melissabendo.com 


Do You Want To Make More Interest on Your Saved Money?


Many people save money by placing it in the traditional savings account, RRSP, TFSA or their LIRA. These are all great ways to save for the long term, however the return on your Real Estate Investment may not be a very high interest rate. There are other avenues to increase your rate of return and become a Real Estate Investor and still be in control of your money while this is being done. When you loan out your own funds by way of Real Estate Mortgages, you have now become the Banker! This is another way of getting into the real este market but not having the other headaches that come along with being the landloard:

Passively Investing In Real Estate Without Being The Landlord

What Funds Can Be Used?
The following funds to invest in real estate as a banker – you will be the lender registering a mortgage charge on the title of the property

  • Cash
  • Registered Retirement Savings Plans (RRSP’s) including Locked In Retirement Accounts (LIRA’Money Houses) and Registered Retirement Income Funds (RRIF’s) – known as Self Directed RRSP’s 
  • Tax Free Savings Accounts (TFSA’s)
  • Unregistered Investments such as stocks, bonds etc.
  • Unsecured Lines of Credit
  • Secured Lines of Credit on existing real estate owned

Disadvantages Of Being The Banker:

  • Can be complicated and difficult to decide what is a good borrower and property to mitigate the risks 
  • Dealing with collecting the mortgage payments although typically these are done via direct deposit or post-dated cheques
  • You want your funds back but it is tied up in the real estate and you cannot just “ask for it back” unless default occurs

… many of these disadvantages can be overcome by hiring the right real estate lawyer and mortgage broker like myself on your Power Team

Advantages of Being The Banker:

  • Security… you have the real estate as security in a default situation as you are registering a Monopolymortgage charge on title when you provide the funds via a real estate lawyer.  The property can’t be sold without you being paid!
  • Diversify your investment portfolio – not having all your “eggs in one basket”
  • Gets you into the real estate investment market relatively safely without being a landlord
  • You decide the terms – 1 year, 2 years etc., depending on when you want your money back!
  • Fixed interest rate resulting in a clear return on your money that is often higher than your existing returns on mutual funds, stocks etc. 
  • You can use your RRSP and shelter the profits from tax until withdrawal Self Directed RRSP)
  • Often all legal fees for the lender (you) are paid for by the borrower… so no extra cost to you
  • Even if the borrowers default, you have the opportunity to take over the property and any other existing mortgage payments to avoid a loss.  You may even end up owning a property that adds positively to your portfolio
  • If you use a Self Directed RSP there are very small administration fees – often a lot less than a traditional “money manager” RRSP account

… the advantages have got to simply out-way the disadvantages for you

This may be a new concept for some but I am here to walk you through this whole process and teach you along the way with how your money can work for you and you can gain a higher rate of return on your money. Lets have that conversation! I can be reached at 519-760-4391 or melissa@melissabendo.com


Being A Landlord While Your Kids Are In University


So your children are getting to the age that they are looking to head to university for the first time. They are leaving the nest and going to live and experience life on their own.

Did you know….??
To create some cash flow for yourself and create equity for the next 4 years while they are in school, purchasing a home for your child heading to university may be an option for you:

  • 5% down paymentMoney
  • Cash flow and not pay down someone else’s mortgage
  • Help offset the cost of University
  • Safe environment for your child 

When You Become The Landlord:

  • Regular monthly income with positive cash flow from the property… could be paying your mortgage
  • With each mortgage payment, the equity grows in the property adding to the bottom-line of your Net Worth Statement
  • They aren’t making any more land and property values may likely be more stable than the stock market which can go up and down like a yoyo daily!
  • When the market value of the property increases, you can benefit from the equity growth adding to the bottom-line of your Net Worth StatementLandlord
  • Forced savings plan – having your savings or assets “tied up” in real estate means that you can’t easily access them avoiding any sudden decisions to liquidate or spend!
  • You can deduct certain expenses from your income potentially reducing the tax you pay such as your initial closing costs, mortgage interest, property taxes, insurance, maintenance, upgrades, property management, utilities etc.
  • If you do have losses from your rental property due to some large expenditures one year, it can create some instant tax relief and reduce your tax bill
  • Long term sustainable wealth growth using a fixed asset – real estate

There are many resources available to assist you as a landlord and as a specialist in this area, I can answer all your questions and provide you with recommendations that will best suit you! I can be reached at 519-760-4391 or melissa@melissbendo.com


Debt Consolidation Ontario


Many people struggle with debt and look for solutions for debt consolidation when refinancing their mortgage. The most common reason is because they are carrying a lot of personal debt that is slowly bringing them down each month. They are looking for a solution at this point to take the strain of feeling like all there hard earned money is going towards bills every month. For some though, the cost of servicing those debts is in itself an obstacle to correcting the problem. Each month can be a chase to make the interest payments to keep the debt afloat.  Sometimes, it may help to consolidate  debt into your mortgage.

Unsecured Debt = Bad Debt

The difference between credit card debt (unsecured debt), vs a mortgage, can mean thousands of dollars. As you may know, the interest you pay on a credit card or unsecured credit line is typically much higher than on your mortgage. Because of this, using your home equity to pay off your high-interest credit card debt can save you money in the long run.

That said, deciding whether it makes sense to refinance your mortgage will depend on your individual situation. Either way, with the right plan in place, you can be well on your way to a strong new financial life. If a consolidation is the way you decide to go, every month you could be seeing the difference: a boost to your monthly cash flow, one easy payment, faster debt pay down, and potentially thousands of dollars in interest savings.

Replace High-Interest Debt With Mortgage Debt

I can show you how to use your home equity to consolidate your high-interest debt into a new or existing mortgage.  It often makes sense to roll large amounts of high-interest debt into a mortgage. 

Why? 

Because we are benefiting from mortgage rates that continue to be among the lowest in decades, while credit card rates can be 10 times as high.  Just compare mortgage rates with what you’re paying on your credit cards and other debts!

How does the process work?

Debt ConsolidatingWe start by doing an assessment of your situation.  We list your current debts – both the total amounts owed and the monthly payments you have to make.  We then create a scenario that takes into account your potential new mortgage, with the applicable monthly payment.   We also look at your home’s current market value, to
make sure that a new mortgage can be registered against it.  With a mainstream lender, your new mortgage amount needs to be less than 80% of the home’s market value; with an alternative lender, we can usually go to about 85% of the market value.


Here’s an example – let’s say your mortgage, car loan and credit cards total $225,000. If you roll all that debt into a new mortgage, even if you include the estimated fee to break the existing mortgage, you can see the payoff in monthly cash flow:


Current Situation*

$ 873.73 – Mortgage monthly payments on $175,000
$495 – Car Loan monthly payments on $25,000
$655 – Credit Card Balances monthly payments on $25,000
$2,023.73 – Current total monthly payments

New Situation*

$1,089.56 – Mortgage monthly payments on $233,000 mortgage (debts + early payout penalty on mortgage)
$0 – Car Loan monthly payments paid off
$0 – Credit Card monthly payments paid off
$1,089.56 – New total monthly payments

That’s $934.17 less each month!  

Now decide how to use that $934.17 

If you would like to explore your refinancing options, please don’t hesitate to contact me.  I’d be happy to put together some scenarios for you to think about, so you can figure out if a consolidation is the right solution for you. You can reach me at: 519-760-4391 or melissa@melissabendo.com


Refinance Mortgage Guelph


Are you at a point where you are deciding whether to do a Refinance Mortgage Guelph or move to a new home? Does the thought of moving and all the associated costs a little overwhelming.   Before you make that big decision, why not consider using the potential equity in your home that renovations would create.  This is a Refinance Plus Improvement mortgage or also a Refinance Mortgage Guelph. 

 Now, does the thought of doing the work yourself conjure up images of half- finished jobs or months and months of renovationsrenovations as you try and do them in your spare time?   Why not have the funds available so you can pay someone else to do the work! Maybe you just don’t have the time or experience to do the renovation yourself or want it done fast so you can enjoy it now!  Why not at least have the choice!

This unique type of mortgage has allowed many of my clients has been designed for those who already own a home that may require some immediate upgrades.  If the property isn’t exactly what you want, then build it, renovate it, add it, upgrade it!  Maybe you have a desire to add your own personal touch to your home or increase your living space, so create your own dream home by……

  • Adding a new or updated kitchenimprovements
  • Developing the basement for more living space or visiting friends and relatives
  • Updating or replacing the carpeting or maybe adding hardwood
  • Adding a garage or work room
  • Adding a media room or “man cave”
  • A new bathroom with maybe a jetted tub – your personal sanctuary
  • A new roof
  • A more efficient central air or furnace system
  • Adding new siding, eaves or fascia 
  • Replacing or updating doors and windows
  • Adding a swimming pool or major landscaping

So how does it work?  …..

First, you will need at least 20% equity in your home based on its current value.  Before the mortgage financing is arranged, written quotes are obtained from licensed contractors or suppliers for the repairs and/or the improvements to be done to the home.  The application for mortgage financing is requested and is made for 80% of the current value plus 80% of the cost to complete the improvements.  The lender will “hold-back” on closing the “improvement” portion of the mortgage until the work has been completed and inspected, normally within 30 to 60 days of closing.  Once the work has been completed, the lender will advance the balance of the funds to either you or your contractors.

What does this mean? Let me give you an example with 20% equity on a property with a value of $400,000:

  • Current Property Value: $400,000 x 80% = $  320,000
  • Cost of improvements: $  40,000 x 80% = $    32,000
  • Total New Mortgage*: $440,000 x 80% = $  352,000

The Steps: 

  1. An application is made for a total mortgage in the amount of $352,000, which represents 80% of the improved value of your property.
    Now of course you may already have an existing mortgage or secured line of credit on the property and this will either be included in the new mortgage (blended) or paid out completely.   It will depend on what type of existing financing you have on the property on what your options would be.  Let’s assume you have an existing mortgage of say $320,000 which is 80% of the value of the property.
  2. On closing of your new mortgage amount of $352,000 it will replace your existing $320,000 mortgage leaving a total of $32,000 in this case for renovations.   This $32,000 will be held in trust at your lawyers and you will receive it as soon as the work is completed.  This is known as a “hold back”.  The lender of course doesn’t want you to have access to the funds, and then actually not end up using them for the renovations! 
  3. The mortgage is arranged and then the contractor or yourself, complete the improvements as soon as possible and then the lender advances the hold-back of $32,000, and you pay the additional 20% of the cost of the improvements ($8,000) and the $32,000 owed to the contractor or you directly, can be paid as per the original quote for the work.  
  4. Everyone is a winner!  You are happy because you got $40,000 of improvements done to the home with a cash outlay of only $8,000!  With current interest rates still historically low, this is much cheaper than adding the cost to a credit card or line of credit – let the equity in your home pay for the renovations!

Of course, the lender is happy because they now have a mortgage on an improved home!!!

As an expert in this unique type of Refinance of Your Ontario Mortgage, I can answer all your questions and provide you with recommendations for great contractors. You can contact me at 519-760-4391 or melissa@melissabendo.com


Closing Costs On Home Purchase Ontario


Part of the conversations I have with my clients when I start going through the steps of obtaining financing for the purchase of your home or refinance, that many are not aware of what the closing costs consists of. My goal is to outline these costs so they know that on top of their downpayment, there should be at least 1.5% of the purchase price for closing costs although we recommend approximately 2% to be on the safe side.

Below I have listed the closings costs that you might incur, but remember that they are estimates only and should be used as a guideline as of course they may vary depending on your own specific purchase.

Legal Fee and Disbursements
On the day of closing, your lawyer will charge a fee for their services and it will depend entirely upon the mortgage deal. Their fees involve:

  • Drafting the title deed
  • Preparing the mortgage 
  • Conducting various searches 

The disbursements are also out-of-pocket and will involve:

  • Registrations
  • Searches
  • Supplies
  • And G.S.T.

Land Transfer Tax
Land transfer tax is charged on closing when the property is transferred into your name. This can vary depending on the price of the home, if you are a first time home buyer and the city you live in Ontario, Canada.

Here is how land transfer tax is calculated:

Land Transfer Tax Calculation:
$0 to $55,000 = 0.50% x Amount
$55,000.01 to $250,000 = 1% x Amount minus $275
$250,000.01 to $400,000 = 1.5% x Amount minus $1,525
$400,000.01 = 2% x Amount minus $3,525

Mortgage Insurance
Any mortgage that the downpayment is less then 20% will have insurance on your new home. These types of mortgages are called high ratio mortgages and will always be default insured by other CMHC, Genworth or Canada Guaranty.  

Your insurance costs can include default mortgage insurance and can also include:

  • Homeowners insurance 
  • Mortgage life insurance 
  • Title insurance

 Property Tax and Prepaid Utilities Adjustments
At the time of a sale, your lawyer will confirm the property taxes on your purchase property to make sure they have been paid up to date. 

  • Property Taxes up to date – a Tax Certificate is issued and adjustments are made for the buyer to compensate the seller for any prepaid taxes. 
  • Property Taxes NOT up to date – the seller will pay the remaining taxes from the proceeds of the sale. 

If the sell has prepaid property taxes along with the utilities for the year, they will be credited the prepaid portion on closing.
Your lawyer will confirm all this for you.

Property Appraisal
Your lender may request an appraisal to be completed on the property you are wanting to purchase. This is always completed before any mortgage money is transferred into trust at your lawyers office. 

This step is because the lender wants to be assured that the property is worth what you are either paying for it or valuing it for. 

An appraisal will typically range between $250 to $350 depending upon the location and complexity of the property and this cost is always paid by you, the client

Home Inspection
With the going market these days in a major city, a home inspection may not be a condition on the sale of the property. There may be a condition on the property prior to the “firming up” of a Real Estate transaction. These reports indicate any problems in the property and gives the cost to repair. Depending on the size and location of the property, a home inspection is around $350 – $450.

Interest Adjustment (IA)
Your lender may charge you interest on closing up to the first theoretical payment date.  If you choose to make your mortgage payments monthly on the first day of the month and your transaction closes after the first day of the month.  This is called the Interest Adjustment Date (IAD) and I can calculate this for you. 

For example:

  • If your property closes on June 1st, then your first payment will be July 1st = No Interest Adjustment payable. 
  • If your property closes on May 29th and your first payment is on July 1st = 3 day Interest Adjustment (May 29th to June 1st).

I can always be reached at 519-760-4391 or melissa@melissabendo.com. I would be happy to go through these closing costs on your purchase or refinance!


Self Employed Mortgage Ontario


As someone that is also a business owner, I fully understand the challenges or concerns some people might have when it comes to qualifying for a mortgage.  According to statistics, 20% of all income earners in Canada are now self-employed and this is a large and growing demographic.

So why can employees easily get a mortgage but an employer or business owner has challenges or Self Employedlimitations?  Here is why…they may have multiple “write offs” on their tax return that reduces their net taxable income, no guarantee of a consistent income week after week and the fact that 30% of businesses fail in the first 5 years, makes the lenders nervous about handing over a mortgage for hundreds of thousands of dollars, even though they have a home as collateral. It doesn’t make sense does it?

As I work with 50+ lenders across Canada, I have access to those that truly understand the self-employed borrower and I am an expert in this area of financing.

Self Employment Mortgage Guidelines Canada with Genworth – Alt A

Self Employed Borrowers:

  • 2-years self-employed tenure is recommended, however will consider borrowers with less than 2-years BFS tenure depending on the length and type of previous employment.
  • One (1) form of written third party documentation confirming self-employment tenure must be on file 
  • Lender is required to capture the borrower’s “Stated” income and submit to Genworth as part of the application.
  • The “Stated” income should be reasonable based on the type and size of the business, and should be able to service the required mortgage as per the GDS/TDS Guidelines above
  • Reasonableness of the income is a critical factor in the approval of the loan as is the borrower’s ability to service the loan and all other obligations

Commissioned Sales:

  • A commissioned sales applicant is defined as someone who derives 100% of their income from a commissioned source
  • The lender is responsible for ensuring that the borrower is a commissioned sales applicant as defined above, with a minimum of two years tenure, for example by way of letter of employment, T1 Generals or T4’s
  • Lender to ensure borrower(s) have no tax arrears (recent NOA will suffice)
    Commissioned sale applicants who are paid a salary plus commission are NOT eligible under this program and must qualify in the usual manner (e.g. GDSR/TDSR and income confirmation will be required)
  • Lender is required to capture the borrower’s “Stated” income and submit to Genworth as part of the application.
  • The “Stated” income should be reasonable based on the type and size of the business, and should be able to service the required mortgage as per the GDS/TDS Guidelines above
  • Reasonableness of the income is a critical factor in the approval of the loan as is the borrower’s ability to service the loan and all other obligations

Corporations
A limited company or corporation is a legal entity, separate from the persons (all shareholders) who own it. The business can own assets, enter into contracts and conduct business transactions in its own capacity. The company is called limited because the liability of the shareholders is limited to their investment. All provincial Corporations must obtain articles of incorporation from the province in which they are registered or may be federally incorporated. The applicant’s personal income will be reported by T4 from the corporation.
Documentation requirements – Any one of the following:

  • Articles of incorporation
  • Business Credit Report
  • Audited Financial Statements for the last 2 years, prepared and signed by a CA
    Plus a recent Notice of Assessment or a signed affidavit by the borrower(s) to confirm no income tax arrears

Sole Proprietorship
A one-owner operation where the owner directs all the activities of the business, assumes all authorities and obligations, and is liable for its business debts. The sole proprietor income is reported to revenue Canada on the standard tax return (T1 General) together with Revenue Canada’s required statement of business or professional activities.
Documentation requirements – Any one of the following:

  • Business License
  • Business Credit Report
  • GST/HST Return Summary
  • T1 Generals with statement of business activities attached for a minimum 2 years
  • Audited Financial Statements for the last 2 years, prepared and signed by a CA 
  • Plus a recent Notice of Assessment or a signed affidavit by the borrower(s) to confirm no income tax arrears

 

Do you know someone that is self-employed who would benefit from my services? They can contact me at 519-760-4391 or at melissa@melissabendo.com


Divorce In Ontario


In todays world, the reality is that many couples are going through separations and divorce in Ontario.  It can be a daunting process for both parties when it comes to figuring out the matrimonial assets and family home.  When it comes to selling a Divorcematrimonial home, there is a lot to consider with purchasing the next home in conjunction with also selling an existing home… It can be a daunting process and there are always lots of questions such as “What happens if you don’t sell?”, “How does bridge financing work etc.?”, “Should I keep my existing home and rent it out?” and lots more… I have a
really great article that I have written called “Buy or Sell – What should you do first?

Do you know anyone going through a separation or divorce that would like a copy of this article or to chat about their financing options?  Contact me and let me help guide you or someone you know through this process. You can reach me at 519-760-4391 or melissa@melissabendo.com


Mortgage Guelph Ontario Canada


Welcome to my blog site! This is my very first post and I have fantastic news that I want to share with you! With being in the mortgage brokering industry for a while now – I have had the opportunity to save many people a lot of money.

As a Licensed Mortgage Agent, I now have access to over 50+ lenders in Canada, and essentially all the money in Canada and beyond! I act like a personal shopper of mortgages by negotiating with every lender and find the one that will offer the best options and truly earn the privilege of providing you with a mortgage. As a result of the team I have joined and the volume we produce, I get access to the interest rates the major banks don’t want you to know exist… it is like getting access to wholesale rates! I ensure that you get the best options that meet YOUR needs and save you thousands and that also includes negotiating with your existing bank on your behalf. I now know just how far they can go to earn your business including fantastic rates and terms. Here is the best part…this is free to you as I am paid by the lender that you select from, after I have presented you with all your mortgage options (OAC).

So here are some of the types of mortgages I can do:

  • New purchases
  • Take equity out of your home for renovation purposes, financial investing, or educational financing
  • Renewals of existing
  • Refinance to consolidate debt/renovations/investments/large purchases such as vehicles, boats etc
  • Purchase Investment Properties and cottages… and more

If you are interested in finding out what the current best interest rates are today… maybe just to compare with what you already have… let me know as would be happy to email them to you.

I work with a fabulous team of very experienced mortgage agents and I would like you to be able to benefit from seeing if you can save some money in unnecessary interest… better in your pocket than the banks (and there is no obligation at all)!

I wonder if I can ask a favour… I need some help growing my new business… if you hear of anyone that is moving or looking to purchase a house, they might well need a mortgage and I’d really like to be able to help them… would you mind passing on my information?

On this site, my goal is to keep you up to date with how things in the mortgage world are going. CLICK HERE to send me an email if you have any questions or just to join my mailing list.

Looking forward to posting some great content!

Melissa Bendo
Mortgage Agent M15001866
Mortgage Alliance Lic #10530

T: 519-760-4391 | F: 289-800-9624
melissa@melissabendo.com | www.melissabendo.com

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