RRSP First Time Home Buyer Plan Strategy | Clients convert $40,000 to $60,900 in 90 days!

0 views Oct 31, 2021

You can connect with me at my website: MyMortgageBroker.com/About--Us During this video I talk about a couple of other topics: In this video, I explain the RRSP First Time Home Buyer Strategy and the details about how it works. I also provide a simple example of how many clients use this strategy to increase the amount of money they have to use toward a home purchase, without any risk! https://youtu.be/VPM17DW856U When you purchase with less than 20% down, then you must have the mortgage insured. There are 3 mortgage insurers in Canada and in this video I explain how mortgage insurance works and why it's mandatory. https://youtu.be/0wgmm0U1oeM As a First Time Home Buyer, you have a couple of advantages. In addition to the RSP First Time Home Buyer Strategy, you can also receive a Home Buyer Incentive. In this video, I discuss the Incentive and how it works: https://youtu.be/dKF21bXAEGI If you want to know how much you qualify for, then this calculator is one that I use when I'm with clients. You can use it without talking to anyone and get an idea how much mortgage that you can qualify for! https://mymortgagebroker.com/mortgage-pre-approval-calculator/ Check Your Credit. If you aren't sure about your credit rating and don't want to speak with a broker or your banker yet, you can check it yourself. https://mymortgagebroker.com/get-your-credit-score Repair Your Credit here: https://mymortgagebroker.com/debt-rehab If you have some issues from the past, it's important to improve your credit so that you can qualify to purchase a home and also qualify for lower interest rates when you apply for loans.

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