Understanding Canadian Mortgage Terms

Поділитися
Вставка
  • Опубліковано 8 чер 2024
  • Ever felt lost when your mortgage broker starts throwing around terms like CMB, COI, LOI, prime rate and overnight lending rate? Fear not!
    In today's video, top Canadian mortgage experts Josh Findlay & Ehren Laycock from @thefindlayteam are back on the channel they unravel the mysteries of Canadian Mortgage terms!
    Did you enjoy and get value from this video? Let us know your thoughts and if you got any value from this discussion in the comment section below!
    Want to thrive & succeed in the 2024 Canadian Real Estate Market?
    Check out these other videos with Josh & Ehren:
    Top Locations To Purchase Investment Properties in 2024 - • Top Locations To Purch...
    The Ultimate Guide To Buying Real Estate in 2024 in Canada - • The Ultimate Guide To ...
    The End Of Multifamily BRRRRs in Canada? | Major CMHC Repositioning Changes Imminent - • The End Of Multifamily...
    How To Ensure Your CMHC Application Gets Approved - • How To Ensure Your CMH...
    Follow the Findlay Mortgage Team on UA-cam:
    / @thefindlayteam
    Broker Lic# 12360
    For more information check out Josh & Ehren's Website:
    www.findlaymortgage.com/
    Did you enjoy and get value from this video?
    Do you have any questions for Josh & Ehren on this topic? Are you enjoying the Finance Friday weekly video series?!?
    Let us know in the comment section down below and don't forget to SMASH the like button!
    More Finance Friday Videos with The Findlay Mortgage Team:
    • Real Estate Financing ...
    Follow & Connect with Findlay Mortgage Team on Social Media:
    Josh - 519-729-9212
    Ehren - 226-980-5048
    Facebook - / findlaymortgages
    Instagram - / fmtmortgages
    UA-cam - / @thefindlayteam
    Josh Findlay on Instagram - / jfins
    Ehren Laycock on Instagram - / laycock22
    Follow The Canadian Real Estate Channel on Social Media:
    Instagram - / canada_rei
    Facebook - / canadianrealestatechannel
    0:00 - Introduction
    0:40 - Understanding Canadian Mortgage Terms
    1:05 - CMB | Canadian Mortgage Bond
    2:17 - Overnight Lending Rate
    3:29 - Prime Rate
    5:13 - Variable Rate Mortgage
    6:40 - Fixed Rate Mortgage
    7:33 - COI | Certificate of Insurance
    8:47 - LOI | Letter Of Intent
    10:00 - Wrap up
    ------------
    #CanadianRealEstate #MortgageTerms #realestatefinancing
  • Розваги

КОМЕНТАРІ • 22

  • @burrinch5142
    @burrinch5142 28 днів тому +6

    Building wealth involves good habits and risks like putting money into solid investments like digital currencies,having a good financial manager is what people tend to shy away from,and it keeps hunting them in the near future after many losses, be disciplined and get certified advisor pray that anyone reading this will be successful!!!

    • @jamewilliams7660
      @jamewilliams7660 28 днів тому +3

      Thank so much for the advice been seeking means of being successful in the digital market,do you recommend any professional ?

    • @burrinch5142
      @burrinch5142 28 днів тому +3

      I don’t really do but luckily Anna Dorris Arthur is the best I can recommend so far..😊

    • @jamewilliams7660
      @jamewilliams7660 28 днів тому +2

      Hey everyone! 👋 Just starting my investment journey in crypto and stocks. 🚀 how do I reach Anna Dorris Arthur? Let’s grow together.

    • @burrinch5142
      @burrinch5142 28 днів тому +1

      +1838

    • @burrinch5142
      @burrinch5142 28 днів тому +1

      205

  • @eldo-qb2yh
    @eldo-qb2yh 27 днів тому +1

    Thanks for the update.I really appreciate the dedication in each video you post.The first step to successful investing is determining your goals and risk tolerance, To be successful in markets, traders should understand the crossover between asset classes & liquidity flow.. You have changed my entire life and I continue to preach your name. Now I can say that thanks to Ms. Eunice Berthold I am improving my understanding of this whole world and making new big profits every week.

    • @GraceIke-fj9by
      @GraceIke-fj9by 27 днів тому

      She deserves more awards and I was looking through the comments and saw this. I tried it and never regretted it. She is the best.

    • @SarahMills-vq8jy
      @SarahMills-vq8jy 27 днів тому

      I am impressed by the way expert Eunice Berthold conducts business and makes statements. And I really like her quick answer

    • @PraiseBaily
      @PraiseBaily 27 днів тому

      She is regarded as a genius in her area and works for Empower Financial Services.She is well knowledgeable about financial markets.

    • @BethrandPaul
      @BethrandPaul 27 днів тому

      Two other of my colleagues and I tried it immediately, we testified. MRS Eunice Berthold is doing wonders.

    • @claud55575
      @claud55575 27 днів тому

      How can I participate in this? Like how do I contact this adviser please?

  • @bengottbg
    @bengottbg 28 днів тому

    🔥🔥🔥