Calgary Licensed Mortgage Broker/ Agent
For those who own and operate their own businesses mortgage financing for a home can be a frustrating process when it does not need to be. As a business owner myself, I know and understand how and why you are trying to limit the amount of non-deductible personal taxes that you have to pay to the government. Your accountant is your guide in what is best for you and unfortunately, that does not always translate into what you had hoped for in mortgage financing for a home. The banks only offer solutions that require you to declare higher income at your expense of paying high taxes to qualify you for more mortgage. As a mortgage broker, I many different mortgage solutions for my business-for-self clients.
Having a deep understanding of the impact of the cost of non-deductible taxes versus interest will have a huge impact on your future wealth. I am here to help guide you through this step by step so you can see the impact for yourself.
It is possible for you to own your business and achieve your home ownership Dreams.
A mortgage pre-approval is so important to ensure that you are buying within your purchasing ability. There is nothing worse than having your heart set on a home that ultimately you cannot qualify for the mortgage to buy. A critical part of the pre-approval is ensuring you have all of your documents ready, down payment in place, taxes filed, taxes paid, and income verification documents. Finally when it comes to the actual mortgage ensure you consider the terms of the mortgage and not just the rate. Different lenders have different terms and saving a little on rate could cost you way more in the long run due to a term in the mortgage you did not understand, realize or expect to get in the way of your future.