Consumer Choice Award 2023–2027BUYING YOUR NEXT HOME
You already know how to buy a home. This time, let's make sure the financing strategy is just as well thought out.
Buying your next home is rarely as simple as getting another mortgage.
You may already have an existing mortgage, significant home equity, investments, other debts and decisions to make about how much capital to put into the new property.
The question isn't simply whether you can get another mortgage.
It's how to structure the move properly.
Consumer Choice Award winner, four years running.
There's more to consider this time.
- Should you port your existing mortgage, break it or replace it?
- Should you buy before you sell?
- How much of your existing equity should go into the new home?
- Should some of that money remain available for other priorities?
- What will it cost to break your current mortgage?
- Will you need bridge financing?
- And does the mortgage you're choosing today still make sense for where you're trying to go next?
The purchase price is only one decision. How you structure the move can affect your finances for years.
Went through Mark as my mortgage broker, he was very easy to work with and gave exellent advise on how proced with my mortgage. He was well informed with today's housing market, and was available to talk whenever I had a question. I would have no problem recommending mark to anyone who is looking for a mortgage broker.
I've worked with Mark for the past 5 years and to say he goes above and beyond would be an understatement! Mark helped me with my first home purchase and recently negotiating my first renewal. He is thoughtful in answering my questions and is always proactively monitoring the market with my best interest in mind. Through working with Mark, I've felt a tremendous comfort of a having a true professional working in my corner (plus, I've saved a ton of money!)…
Your next home deserves more than another mortgage.
When you bought your first home, the primary questions may have been how much you could afford and whether you could qualify.
This time, your financial picture may be very different.
You may have substantial equity. Higher income. Investments. Other properties. Different family priorities. And a much clearer idea of where you want to be five or ten years from now.
My job is to understand where you are today, where you're trying to go, and build a mortgage strategy that helps get you there.
That could mean keeping your existing mortgage. It could mean replacing it. It could mean putting more equity into the next home — or deliberately putting less.
There isn't one answer that works for everyone.
The objective is to understand the options and make the right decision for you.
Consumer Choice Award 2023–2027 · Since 2004