Professional Mortgage Jobs Toronto #mortgage #news


#mortgage jobs

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Careers

Mortgage Agent:

Northwood Mortgages was established over 25 years ago and is now one of the GTA’s top mortgage brokerage firms .

Our plans are exciting and we’re always looking to recruit talented and self-motivated individuals to share our vision and help take our business forward. As a member of our team you will receive all the training and support you need to help become an expert in the mortgage field. We are committed to developing you into a top performer – the future growth and success of our company depends on it.

To learn more about Northwood Mortgage Ltd.. send us an email.

We promise to respond by sending you information to help you learn more about us and decide if the mortgage brokerage world is right for you.

Northwood Mortgage welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

Jr. Recruitment Specialist

Northwood Mortgage is seeking a Jr. Recruiter to join our organization. We are expanding and we are looking for an individual to help us expand our team with top talent in the industry. We are looking for an energetic individual that is passionate and takes pride in their work.

Northwood has been an industry leader in the Mortgage Brokerage sector for over 25 years. We have a well-established brand as well as a strong team. We are looking to grow our recruiting department in order to further expand and grow our organization.

To give you a little bit of insight into our organization, we have a very driven team that is goal oriented. However, we take the time to develop strong interpersonal relationships with our team mates in order to ensure that we have a productive and fun work environment. We believe that a happy team is a productive team.

  • Are you able to work in a fast pace work environment?
  • Do you have previous recruiting experience (1 to 3 years)?
  • Do you have a bit of a sales flair?
  • Do you want to join an industry leader that has an average tenure of 6+ years for permanent employees?
  • Do you set your own performance goals and strive to over achieve?
  • Do you have some experience working on roles within the financial industry?

If you answered yes to the above then we definitely want to hear from you.

  • Post new roles on job boards
  • Develop a strong candidate pipeline to fill current and future positions through proactive sourcing
  • Screen Resumes of potential candidates
  • Conduct phone and in person interviews
  • Present offers packages to successful candidates/applicants

Northwood Mortgage welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.


Professional Mortgage Jobs Toronto #estimate #house #payment


#mortgage jobs

#

Careers

Mortgage Agent:

Northwood Mortgages was established over 25 years ago and is now one of the GTA’s top mortgage brokerage firms .

Our plans are exciting and we’re always looking to recruit talented and self-motivated individuals to share our vision and help take our business forward. As a member of our team you will receive all the training and support you need to help become an expert in the mortgage field. We are committed to developing you into a top performer – the future growth and success of our company depends on it.

To learn more about Northwood Mortgage Ltd.. send us an email.

We promise to respond by sending you information to help you learn more about us and decide if the mortgage brokerage world is right for you.

Northwood Mortgage welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

Jr. Recruitment Specialist

Northwood Mortgage is seeking a Jr. Recruiter to join our organization. We are expanding and we are looking for an individual to help us expand our team with top talent in the industry. We are looking for an energetic individual that is passionate and takes pride in their work.

Northwood has been an industry leader in the Mortgage Brokerage sector for over 25 years. We have a well-established brand as well as a strong team. We are looking to grow our recruiting department in order to further expand and grow our organization.

To give you a little bit of insight into our organization, we have a very driven team that is goal oriented. However, we take the time to develop strong interpersonal relationships with our team mates in order to ensure that we have a productive and fun work environment. We believe that a happy team is a productive team.

  • Are you able to work in a fast pace work environment?
  • Do you have previous recruiting experience (1 to 3 years)?
  • Do you have a bit of a sales flair?
  • Do you want to join an industry leader that has an average tenure of 6+ years for permanent employees?
  • Do you set your own performance goals and strive to over achieve?
  • Do you have some experience working on roles within the financial industry?

If you answered yes to the above then we definitely want to hear from you.

  • Post new roles on job boards
  • Develop a strong candidate pipeline to fill current and future positions through proactive sourcing
  • Screen Resumes of potential candidates
  • Conduct phone and in person interviews
  • Present offers packages to successful candidates/applicants

Northwood Mortgage welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.


Become a Paralegal – Diploma & Certificate Classes in Toronto, Ontario #paralegal #programs,become #a #paralegal,paralegal


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Student Testimonials

(Melissa was in our Medical Office Assistant program, she was employed before completing the program!)

I love my job and find it very exciting. I ve met a lot of new people. For the first three days I was training in the Client Liaison s office just to see how the systems work. They were 8 hour days and today I am doing a 12 hour shift in the pre-admitting for emergency. It is all so exciting and everyone here is really impressed with all the medical knowledge that I have. I can only say that it s because of you and the courses I took at Academy of Learning. You gave me confidence in myself and it made me believe I can accomplish anything. I think any future students who take this course should know that, even though the work is very challenging and difficult, it really pays off in the end. Thanks for everything!

Paralegal

Industry Overview

As regulations and legislation evolve and the public s need for legal services and advice grows, the need for skilled paralegals is as high as ever. Employment prospects for paralegals are stable, regardless of the economic ups and downs outside of the law industry, which makes it a steady career option.

The Paralegal diploma program is accredited by the Law Society of Upper Canada and prepares graduates to apply to the Law Society of Upper Canada to become licensed paralegals. Paralegals are non-lawyers who provide legal services in specified areas of practice to the public for a fee. The type of work that a licensed paralegal can perform is limited by the Law Society and this program is restricted to those areas of law.

Paralegals are invaluable both as individuals and as part of the legal team. In just 49 weeks, graduates will be prepared to work in law offices, legal departments of any organization and/or run their own practice, and can find employment opportunities with law firms, government offices, private industry or as independent Paralegals.

With Law Society of Upper Canada accreditation in a field that offers a variety of workplace options and exciting personal challenges, it s no wonder the Paralegal diploma program is one of our most popular diploma options!

Contact Academy of Learning College Bay/Bloor Campus today for more information and find out if a career as a paralegal is right for you. With financial assistance options for everyone, there s no reason to put it off any longer! ( Click here to watch the introductory program video or scroll to the bottom of the page )

Duties Responsibilities

Paralegals use their skills and experience to handle a variety of legal responsibilities. Because of their wide understanding of the law, paralegals are invaluable members of a legal team. They often participate in the initial interviews between clients and their lawyers and collect crucial information related to a client s case. Paralegals have a number of diverse duties from drafting legal documents to doing research to assisting with legal transactions.

In Ontario, paralegals are regulated as officers of the court and licensed by the Law Society of Upper Canada the only jurisdiction in the Western hemisphere to do so! Licensed paralegals in this province enjoy more independence, as they can independently practice in approved areas of the law. They can represent clients in provincial matters, immigration, landlord tenant disputes, labour law, small claims court and other criminal matters.

A diploma from Academy of Learning College Bay/Bloor Campus gives you the training and work experience you need to be a paralegal. Contact us today for more information. In only 49 weeks, you ll have the skills and experience you need to move forward with total confidence!

Skills Attributes

A diploma from Academy of Learning College Bay/Bloor Campus lets employers know that you have the skills and training required of a paralegal. We consult with employers to ensure that our classes provide you with the most up-to-date and relevant training so you can start a job with confidence and self-assurance. Some of the personal attributes that potential employers look for in a paralegal include:

Superior organizational skills

A genuine interest in the law

Problem-solving skills and initiative

Ability to work as part of a team

Ability to perform research and synthesize information

Multi-tasking skills

A professional and helpful demeanour

Good communication skills

Respect for all aspects of client confidentiality

Contact us for more information and we ll show you how quickly this rewarding career could be yours!

Career Opportunities

Your Paralegal diploma gives you the skills, training and experience that correspond with a variety of careers, including:

Provincial Offence agent

Small Claims Court agent

Landlord Tenant Tribunal agent

Labour Board agent

Workplace Safety and Insurance (WSIB) benefits agent

Statutory Accident Benefits Schedule (SABS) benefits agent

Summary Offenses agent

And many more!

With classes starting every week, you can start soon and graduate soon. Contact Academy of Learning College Bay/Bloor Campus for more information on this diploma program and the financial assistance options that work best for you.

Graduate in 49 Weeks

In under a year, you could be on your way to a whole new career as a Paralegal. Students attend classes for 45 weeks followed by 150 hours of field work. The instructional component gives you the skills and knowledge; the field placement gives you marketable Canadian work experience. Combined, you ll have everything you need to jump into a new career with complete confidence!

Contact us today. One of our career consultants can show you just how quickly you can get started in the thriving and exciting world of law!

Watch the program video below


Lifeline Medical Alert Systems #lifeline, #life #line, #medical #alarm #for #seniors, #medical #alert, #medical #alarm,


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Medical Alert Systems & Devices

A simple, affordable and automated way to manage multiple medications with 24/7 monitoring

Canada’s # 1 Medical Alert Service

Philips Lifeline is an easy-to-use personal response service that lets you summon help any time of the day or night even if you can t speak. All you have to do is press your Personal Help Button, worn on a wristband or pendant, and a trained Personal Response Associate will ensure you get help fast. That s why Philips Lifeline provides the #1 Medical Alert Service to offer you something else: peace of mind.

Dependability is key to peace of mind. That s why doctors, hospitals, and professional caregivers trust our Medical Alert Service.

Only Philips Lifeline offers AutoAlert is the most widely adopted fall detection in North America.

For an added layer of protection, AutoAlert lets us know if you need help even if you can t. Its superior technology is designed to automatically detect most falls 1 – and achieve a low rate of false alarms – by distinguishing between actual falls and everyday activities like sitting, standing and reclining. It even gives you 30 seconds to cancel an alarm, or you can cancel by starting to stand back up.

Over 30% of the time seniors experiencing a fall can’t or don’t push their button potentially due to unconsciousness or confusion. Philips Lifeline with AutoAlert has automatically detected over 200,000 falls that services requiring a button to be pushed might’ve missed.

At the heart of all of our services is discrete call button, worn as a necklace or bracelet. It connects you or loved one to help in a case of a fall or an emergency 24/7. Our button is paired with an in-home Communicator which acts as a speaker phone for two-way voice communication with our Response Centre. All calls go directly to the Lifeline-owned Response Centre in Canada. You can always be sure that your call will be answered by highly trained and caring Response Associates who will access your profile, contact the people you’ve identified, and request the help you want. Our Response Associates will even follow up to confirm that help has arrived.

Live independently at home with the Lifeline Medical Alert Service

This year 1.4 million people, 65 and older will fall. If you or a loved one experience a medical emergency, time is of the essence. That s where Philips Lifeline can help, connecting you to the right help for the situation, 24 hours a day, 365 days a year at the push of a button. Whether you need emergency services or just the assistance of a family member or friend to help you get back on your feet, we can help.

Confidence, reliability, and peace of mind are qualities that you deserve when caring for an elderly parent or a loved one, and they re qualities that can be found with Lifeline.

Keeping seniors active with Philips Lifeline’s new GoSafe system

Ruth has been a Philips Lifeline subscriber after she experienced a fall over 14 years ago. While Ruth has enjoyed the feeling of confidence and security her Lifeline button service provides, she always wanted to feel the same peace of mind when she left the house. As an active senior who volunteers at the local hospital, walks her dog, and runs her own errands, Ruth jumped at the chance to get GoSafe, our new mobile medical alert service. Featuring the power of up to six location technologies, GoSafe gives seniors the assurance to get up and go while being protected by our 24/7, Canada-based response centre which protects more seniors than any other medical alert service. Watch Ruth’s story and how GoSafe is now a part of her active lifestyle.

*#1 claim based on number of subscribers. Available at participating Lifeline programs. GoSafe and HomeSafe do not detect 100% of falls. If able, users should always push their button when they need help.

Call Lifeline Now 1-866-784-1992


Toronto Mortgage Broker Kim Gibbons, the Toronto Mortgage Superhero! #mortgage #rate #predictions


#mortgage marvel

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Kim Gibbons: Your Mortgage Superhero

About Kim

Kim Gibbons

Mortgage Broker, FSCO Lic. M08001363

As a Mortgage Broker I work in partnership with each of my clients and believe in the value of relationships. Your priorities and interests become my priorities and interests. I will ensure that you save time, money and more importantly you will have peace of mind that you received the best possible mortgage solution that meets your individual needs.

Happy Toronto Mortgage Clients

What a big relief it was to have Kim help me. In addition to giving me fantastic service she knows her stuff, is passionate about what she does and truly cares.”

Kim has exceeded all of our expectations. She is an absolute expert in her field. We will never consider using any other mortgage broker. Kim is simply the best.”

Thank you so much Kim for your professionalism and kindness throughout my journey of becoming a home owner. I will not hesitate to recommend you.”

Kim is fantastic! Working fast, she came up with something that was perfect for us. The best part is the continued support advice she gives us after our purchase.

Kim made our dreams become a reality. We have now done 4 deals with Kim in 2 years with the expectation of many more. When Kim says it can be done it is!”

Chris and Jen Heslin

Thanks for finding us the best mortgage solutions. You are an integral part of our team and our success! We couldn’t have done it without you.

Paul Peic, host of The Big Flip

Kim shows extreme professionalism, business savvy and provided the best options for us. She has left our minds at ease due to her caring attitude.”

Dana Cuff and Mark Beson

Thanks for always being available at the drop of a hat to help me with my mortgage. This is why you are indeed a superhero.”


Professional Mortgage Jobs Toronto #investment #mortgage #rates


#mortgage jobs

#

Careers

Mortgage Agent:

Northwood Mortgages was established over 25 years ago and is now one of the GTA’s top mortgage brokerage firms .

Our plans are exciting and we’re always looking to recruit talented and self-motivated individuals to share our vision and help take our business forward. As a member of our team you will receive all the training and support you need to help become an expert in the mortgage field. We are committed to developing you into a top performer – the future growth and success of our company depends on it.

To learn more about Northwood Mortgage Ltd.. send us an email.

We promise to respond by sending you information to help you learn more about us and decide if the mortgage brokerage world is right for you.

Northwood Mortgage welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

Jr. Recruitment Specialist

Northwood Mortgage is seeking a Jr. Recruiter to join our organization. We are expanding and we are looking for an individual to help us expand our team with top talent in the industry. We are looking for an energetic individual that is passionate and takes pride in their work.

Northwood has been an industry leader in the Mortgage Brokerage sector for over 25 years. We have a well-established brand as well as a strong team. We are looking to grow our recruiting department in order to further expand and grow our organization.

To give you a little bit of insight into our organization, we have a very driven team that is goal oriented. However, we take the time to develop strong interpersonal relationships with our team mates in order to ensure that we have a productive and fun work environment. We believe that a happy team is a productive team.

  • Are you able to work in a fast pace work environment?
  • Do you have previous recruiting experience (1 to 3 years)?
  • Do you have a bit of a sales flair?
  • Do you want to join an industry leader that has an average tenure of 6+ years for permanent employees?
  • Do you set your own performance goals and strive to over achieve?
  • Do you have some experience working on roles within the financial industry?

If you answered yes to the above then we definitely want to hear from you.

  • Post new roles on job boards
  • Develop a strong candidate pipeline to fill current and future positions through proactive sourcing
  • Screen Resumes of potential candidates
  • Conduct phone and in person interviews
  • Present offers packages to successful candidates/applicants

Northwood Mortgage welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.


Toronto power of attorney, free limited power of attorney for closing residential real estate #power


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LIMITED POWER OF ATTORNEY
FOR REAL ESTATE TRANSACTIONS

FREE LIMITED POWER OF ATTORNEY . If a power of attorney is needed for a listing, offer, mortgage, or for the closing of residential real estate. you may print out such a form of power of attorney from this website AT NO COST TO YOU and use it for your Ontario real estate transaction by clicking on the box below for POWER OF ATTORNEY FORMS.

NOTE: When using a signed power of attorney form, such a power of attorney form CANNOT be used for purposes of mortgage financing or title transfer/sale UNLESS the buyer(s) or owner(s), who granted the power of attorney ALSO;

(i) provides our law office (by clicking on POWER OF ATTORNEY FORMS) with an original signed power of attorney document (prior to the date of closing the transaction) with ONE of the two witnesses being a lawyer, an attorney, a notary public or a government official with an official stamp or seal being used beside the signature of the witness; PLUS you MUST provide OUR office with a completed IDENTITY VERIFICATION FORM by a lawyer, notary, attorney or government official with an official stamp or seal to verify identification of whoever is signing the Power of Attorney.

(ii)immediately send, (by fax) a copy of the signed Power of Attorney to our office in Toronto at 416-222-4277 together with a LEGIBLE copy of an unexpired photo identification (current valid passport or driver s licence) as well as a signed and fully completed FAX FORM regarding a power of attorney reflecting the current date and stating that the power of attorney granted to (insert name of person) for (buying/selling/refinancing) the (property address) is still valid and to be used for the completion of the transaction, with such fax being signed and showing contact residence and business telephone numbers fax for the person signing the fax form.

NOTE: POWER OF ATTORNEY USED FOR BUYING or REFINANCING :
Be aware that if a power of attorney is being used for a purchase with a mortgage or refinance, the mortgage lender must pre-approve the use of the Power of Attorney or the lender might refuse to provide mortgage funds on the closing date. Mortgage lenders will usually approve the use of a Power of Attorney when the borrower is an existing customer of the lending bank AND an Ontario lawyer has witnessed the power of attorney being used. ALSO. the mortgage lender will require a legible copy of a second form of identification to be sent to the lawyer prior to closing

NOTE: POWER OF ATTORNEY USED FOR SALE or REFINANCE : Net sale proceeds will ONLY be payable to the registered owner(s) and not to the name of the person having the power of attorney.

POWER OF ATTORNEY FORMS

POWER OF ATTORNEY FOR PROPERTY . This type of power of attorney (to a person over 18 years of age) appoints a person(s) of your choosing to make decisions about your PROPERTY and your FINANCES, on your behalf. This may include things such as signing documents, paying bills, selling or refinancing your real property. But remember, your property will still belong to you and must be managed by your attorney in your best interests and in accordance with the law.

POWER OF ATTORNEY FOR PERSONAL CARE . In Ontario, The Substitute Decisions Act of Ontario allows you to appoint a trusted individual(s) (over 16 years of age), in advance, to make decisions for you if you become mentally incapable. This type of power of attorney gives a person of your choice the authority to make decisions about your PERSONAL CARE should you become mentally incapable. Decisions about personal care involve things such as where you live, what you eat, and the kind of medical treatment you receive. You may give your attorney special instructions about the particular kind of care you want or in fact do not want (sometimes this power of attorney is called a Living Will).

WARNING . Giving any power of attorney is a serious matter. You are giving the person you appoint significant power over your property and/or health care. There is always a risk that your attorney could misuse this power. If you have any doubts about the motives or ability of the person you are considering (or are under any pressure from your proposed attorney) do not appoint that person. It is your decision and you must weigh it carefully. In each case, you may appoint more than one attorney, so that both may be required to sign for you.

EFFECTIVE DATE . The power of attorney will be effective immediately, when it is signed and given to the attorney, unless you decide and specifically state in the power of attorney that you want it to come into effect at a later date or under specific circumstances. The form says what authority your appointed attorney will have over your financial affairs. If you do not put in conditions or restrictions, the attorney will have the power to do anything with your property that you could do yourself if you were mentally capable (except make a will).


Program Details – Baking and Pastry Arts Management #centennial #baking #and #pastry #management, #baking #and


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Baking and Pastry Arts Management

The Baking and Pastry Arts Management program builds on fundamental baking and pastry arts skills as it prepares you to work in management capacitates within the baking sector. Whether it is menu design, purchasing, planning or execution, baking management is an essential skill to convert your passion into business success.

In the Baking and Pastry Arts Management courses you work in baking and pastry labs, including Centennial College s one-of-a-kind commercial bakeshop as well as an on-campus cafe, restaurant and event centre. In these real world environments, you hone your skills before beginning a 14-week field placement with one of the College s industry partners.

You graduate with important industry certifications such as Smart Serve, Safe Food Handlers and CPR, making you job-ready.

Many graduates from this Baking and Pastry Arts Management program have secured employment within major hospitality brands in the hotel, resort and restaurant industries as well as positions within large-scale commercial baking companies.

Program Highlights

  • This Toronto Baking and Pastry Arts Management program features exclusive experiential learning opportunities in state-of-the-art baking labs, and a restaurant, cafe and event centre at Centennial College s Progress campus.
  • Hands-on learning experiences prepare you for the industry.
  • You learn from knowledgeable faculty members who have years of industry experience.

Articulation Agreements

Qualified Baking and Pastry Arts Management graduates may be eligible to participate in pathway programs with partnering institutions. These pathway programs allow you to receive degree credit for learning obtained at Centennial College. Our partners include:

  • Algoma University, Ontario
  • Davenport University, USA
  • Laurentian University, Ontario
  • University of Ontario Institute of Technology, Ontario
  • Wilfred Laurier University, Ontario

Career Outlook

  • Pastry chef
  • Bakery chef
  • Food entrepreneurship

Academic Requirements

  • Ontario Secondary School Diploma (OSSD) or equivalent, or mature student status (19 years or older)
  • English Grade 12 C or U, or equivalent (minimum grade required) or take the Centennial College English Skills Assessment for Admission

Note
After successfully completing the one-year Baking Pre-employment program, you may directly enter the third semester of this program and earn a diploma in one additional year.

1. Apply Online

If you are applying through the Second Career Strategy, please apply at the Employment Training Centre for Second Career (Progress Campus). Second Career Strategy is a funding initiative for those who have been laid-off and are in need of training. For more information go to Second Career Strategy .

If you have previously attended a full time program at Centennial College, you may be eligible for a Program Transfer. Visit Enrolment Services at any Campus for information.

All other applicants must apply online at Ontariocolleges.ca. A non-refundable application fee of $95 must accompany applications. The fee is payable online, by telephone, online banking, by mail, or in person to Ontariocolleges.ca. For more information go to Ontariocolleges.ca Application Fees .

2. Submit Documents

Current Ontario high school students and graduates from Ontario high schools: Notify your guidance counsellor that you have applied to college and your school will forward transcripts to Centennial College via Ontariocolleges.ca.

Graduates of college/university, or high school outside Ontario but within Canada: You are responsible for requesting that your educational institute sends any required documents and transcripts to Ontariocolleges.ca.

Applicants who attended school outside of Canada: If you are submitting transcripts to meet admission requirements, you must have the transcripts assessed by an independent credential assessment agency such as World Education Services (WES) or International Credential Assessment Service (ICAS).

3. Confirm Your Offer of Admission

Offers of Admission are sent by mail to eligible applicants. When you receive your offer, you must login to your account at Ontariocolleges.ca and confirm before the Deadline to Confirm noted in your offer letter.

You may confirm only one college and one program offer at a time.

You must confirm your offer by the Deadline to Confirm noted in your Offer of Admission letter or your seat may be given to another applicant.

When you confirm your Offer of Admission at Centennial College you are given access to your personal myCentennial account where you can check your email, grades, register for courses, pay tuition fees, and see your class timetable.

4. Pay Fees

Centennial fees statements are sent by email to your personal email account and to your myCentennial email account. Fees statements are not mailed .

You must make a minimum payment by the Fees Deadline noted in your Fees Statement or your seat may be given to another applicant.

5. Build Your Timetable (Register for Courses)

Build your timetable (web-register for courses) at my.centennialcollege.ca .

Fall registration begins mid-July
January registration begins mid-December
May registration begins mid-April

Your web-registration will not open if:

You have not submitted your minimum fee payment by the deadline
You received a Conditional Offer of Admission and you have not met the conditions of your offer.

Once you have paid your fees or have made appropriate arrangements, register for your courses online through myCentennial .

Fees noted below are estimates only. Tuition is based on two semesters, beginning Fall 2015.


Mortgage Qualifier Calculator Toronto #arm #mortgage #calculator


#mortgage qualifier

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Mortgage Qualifier Calculator

Are you tired of renting, and are now looking to purchase your first home? Making the first step towards owning a home is scary for many people, but understanding the requirements for a mortgage can help you avoid many of the mistakes made by first-time buyers.

The first step in buying your home is determining your budget. The mortgage qualifier calculator will show you how much you can afford if you fill in the entry fields correctly and click on the “Click to Calculate” button to view a complete amortisation schedule of the mortgage payments.

Here are some useful definitions:

Annual Income – For married couples, this refers to the total combined gross annual income. Generally, it is the combined gross annual income for the applicant and his/her co-borrower. Include all income before taxes, including bonuses, base salary, commissions, tips, overtime, investment income, rental income, child support, alimony, etc.

Annual taxes – This includes income taxes, property taxes, and any other taxes you and your partner are currently paying. The income tax is the annual tax placed on your income by the government, and can vary based on income, location, and other factors. If you are currently paying property tax on your home, the annual amount should also be included.

Monthly Condo Fees – This is the monthly fee charged for your condominium that you’re currently incurring.

Monthly Heating Cost – This is the total monthly payment for your current home’s heating bill. Although there are other monthly costs associated with properly running a house, such as cable, telephone, gas, water, etc. they are not incorporated in the calculation. However, you can include them for a more accurate estimate of your monthly payment.

Monthly Mortgage Details

Mortgage Payment (principle and interest) – This refers to the monthly principle and interest payment for your mortgage, and does not include the amounts for maintenance or property taxes.

Property Tax – This is the monthly property tax that you expect to pay on the home you want to purchase.

Monthly Condo Fees – Unlike the previous condo fees, this amount refers to the fee that you expect to incur with ownership of the home. Usually, 50 percent of your condo fee is added to your Gross Debt Service (GDS) when calculating the maximum mortgage you qualify for.

Monthly Heating Costs – The total monthly payment for the heating bill for the home you’re purchasing. You may choose to include other essential costs for running the home, such as water, cable, phone, etc.

Total Costs – This refers to every cost that you currently incur, including your monthly car loan payments, credit card payments, other loan payment, as well as the total closing costs, including the total upfront costs to close your loan, filing and appraisal fees, and any other miscellaneous fees paid.

Monthly Income Required (Approximate) – An estimate of how much you can afford to borrow in order to buy a home.

Like any estimate, the result of Mortgage Qualifier Calculator is based on some rules of thumb and rounded figures. Also, the calculator is meant to be a self-help tool for your personal use, and is not intended to offer investment advice. So, make sure to seek personalised advice from our qualified professionals regarding your personal finance issues.

Try these online tools to help make financial decisions that are right for you. Call us at 416-969-8130 if you need help, or would like more detailed information.

Income may not be necessary to qualify. Please call us for a personal consultation.

Related Links


Mortgage Qualifier Calculator Toronto #estimated #mortgage #payment #calculator


#mortgage qualifier

#

Mortgage Qualifier Calculator

Are you tired of renting, and are now looking to purchase your first home? Making the first step towards owning a home is scary for many people, but understanding the requirements for a mortgage can help you avoid many of the mistakes made by first-time buyers.

The first step in buying your home is determining your budget. The mortgage qualifier calculator will show you how much you can afford if you fill in the entry fields correctly and click on the “Click to Calculate” button to view a complete amortisation schedule of the mortgage payments.

Here are some useful definitions:

Annual Income – For married couples, this refers to the total combined gross annual income. Generally, it is the combined gross annual income for the applicant and his/her co-borrower. Include all income before taxes, including bonuses, base salary, commissions, tips, overtime, investment income, rental income, child support, alimony, etc.

Annual taxes – This includes income taxes, property taxes, and any other taxes you and your partner are currently paying. The income tax is the annual tax placed on your income by the government, and can vary based on income, location, and other factors. If you are currently paying property tax on your home, the annual amount should also be included.

Monthly Condo Fees – This is the monthly fee charged for your condominium that you’re currently incurring.

Monthly Heating Cost – This is the total monthly payment for your current home’s heating bill. Although there are other monthly costs associated with properly running a house, such as cable, telephone, gas, water, etc. they are not incorporated in the calculation. However, you can include them for a more accurate estimate of your monthly payment.

Monthly Mortgage Details

Mortgage Payment (principle and interest) – This refers to the monthly principle and interest payment for your mortgage, and does not include the amounts for maintenance or property taxes.

Property Tax – This is the monthly property tax that you expect to pay on the home you want to purchase.

Monthly Condo Fees – Unlike the previous condo fees, this amount refers to the fee that you expect to incur with ownership of the home. Usually, 50 percent of your condo fee is added to your Gross Debt Service (GDS) when calculating the maximum mortgage you qualify for.

Monthly Heating Costs – The total monthly payment for the heating bill for the home you’re purchasing. You may choose to include other essential costs for running the home, such as water, cable, phone, etc.

Total Costs – This refers to every cost that you currently incur, including your monthly car loan payments, credit card payments, other loan payment, as well as the total closing costs, including the total upfront costs to close your loan, filing and appraisal fees, and any other miscellaneous fees paid.

Monthly Income Required (Approximate) – An estimate of how much you can afford to borrow in order to buy a home.

Like any estimate, the result of Mortgage Qualifier Calculator is based on some rules of thumb and rounded figures. Also, the calculator is meant to be a self-help tool for your personal use, and is not intended to offer investment advice. So, make sure to seek personalised advice from our qualified professionals regarding your personal finance issues.

Try these online tools to help make financial decisions that are right for you. Call us at 416-969-8130 if you need help, or would like more detailed information.

Income may not be necessary to qualify. Please call us for a personal consultation.

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