Welcome to My Blog

New! ‘No Payment’ Mortgage
Instead of monthly payments, now there is a new solution whereby customers may take out loans with interest rates tied to the appreciation of the home’s value. It is designed primarily for existing homeowners who wish to refinance or to do an 'Equity Take-out'....

What to say when you’re asking for money
5 tips to help you secure business funding Business funders come in different shapes and sizes and, like your business, they too have a target demographic or theme—type of business, length of time in existence, financial strength, viability, good credit, etc. The...

Elderly May Soon Be Forced Out Of Hospital And Into Long-Term Care.
A recent Postmedia article by author Dave Battagello spoke of some unpleasant Health care changes destined to be activated this week. This move by the provincial government may spell trouble for seniors as it includes plans to force some out of hospital beds and into...

Health-Care Crisis In Ontario
In a a recent interview with CP24, Ontario Health Executive Vice-President Dr. Chris Simpson opined that the mounting strain on Ontario's health-care system constitutes a real "crisis," even as the Ford government sought to downplay the severity of the situation. “The...

Home Care Crisis in Ontario
in my newsletter and Blog editorials, I normally don't wade into the political fray, but there is a growing crisis in the 'Home Care' sector in Ontario that needs to be addressed. The following article was written in conjunction with the SSAO (Seniors for Social...

Monitor and Improve your Credit Score
As a mortgage broker dealing regularly with clients having ‘Bruised’ or ‘Challenged’ credit (or any of the other euphemisms used to describe it!), I often notice a lack of awareness in terms of the importance of acquiring and maintaining, a good credit score. The...

Financial Advisors: Here’s How Your Clients Can Benefit From a Reverse Mortgage
A Reverse Mortgage can be a boon for 'House Rich, Cash Poor' homeowners. Many retirees are finding that their pension incomes are not keeping pace with spiralling inflation. A great opportunity exists for financial advisors to assist clients looking to optimize...

Reverse Mortgage Overview
What is a Reverse Mortgage? A Reverse Mortgage is a loan secured against the value of the home. Unlike a loan or a regular mortgage, with a Reverse Mortgage you are not required to make regular mortgage payments. The loan is repaid only when the homeowners no longer...

Reverse Mortgages – Myths And Misconceptions
A number of myths and misconceptions about reverse mortgages have developed over time, mainly as a result of some bad actors from the past who offered a similar product. Mostly the misinformation tends to be spread by ill-informed 'luminaries' without any basis in...

Realtors Can Benefit From Reverse Mortgages; here’s how!
One of the things that never ceases to amaze me is why most Realtors have not yet embraced the Reverse Mortgage product. With just a few exceptions, most of the realtors that I know seem to regard Reverse Mortgages as COMPETITION! Why not take a look at the largest...