2020 Year in Review: Mortgages in Canada For First-Time Homebuyers and Self-Employed Explained

Join Paul as he debunks the biggest mortgage headlines of 2020 for first-time buyers and the self-employed. He points out key questions to ask yourself and your bank so you can have a better understanding of what applies to you and what is simply a trick. Going into 2021, how can you take advantage of the mortgage updates that will most impact your ability for home financing? Will it be through an incentive program, qualifying at a higher income bracket to afford more mortgage, or by refinancing high-interest debt to a historically low-interest rate? In nine minutes we break 2020’s Biggest Updates down: - Historic rate drop of 0.99% and what you need to know in the fine print. - How you can afford 50% more mortgage with B-Lenders/Alternative Lenders. - How to receive down payment help by using a line of credit, gift money, or cosigners. - Leveraging the spring 2021CMHC First Time Home Buyer Program to help with a down payment and lower monthly payments. - The false alarm with the lowering of the CMHC credit score minimum. - How the Stated Income Program may help self-employed home buyers to qualify in a higher income bracket. - Why refinancing can be an option to help pay off high interest debt. - Why a reverse mortgage may be a better option as it hit a historic low of 3.49%. 🤙🏽 Get in touch anytime if you want to level up your living: Paul Davidescu (www.levelupmortgages.com) Level Up Mortgages 604-809-3188 paul@levelupmortgages.com See Our Google Reviews in BC & Ontario: https://bit.ly/ViewLUMReviews ⭐️⭐️⭐️⭐️⭐️ Talk to us or if you want some quick replies, connect with our Facebook Messenger Bot: http://bit.ly/MyMortgageBot Got Mortgage Questions? Trying not to freak out about something that’s stressing you out? We got you 🙋🏽‍♂️🙋‍♀️ + Get immediate answers on your mortgage questions with our FAQ Page 👉https://bit.ly/mortgagefaq + Email me and check out our website: paul(at)levelupmortgages.com | www.levelupmortgages.com 👨🏽‍💻 + DM me on Instagram if you want to get more personal 📱 https://www.instagram.com/levelupyourmortgages/ + Get LinkedIn if you want to check our credentials 😎 https://www.linkedin.com/in/pauldavidescu/ + Tweet at me if you hang out there 🐦 https://twitter.com/levelupmortgage + Check updates on our blog to do a deep dive 🔎https://www.levelupmortgages.com/blog + Subscribe to Level Up Mortgages YouTube Account: http://bit.ly/LevelUpYouTubeSubscribe