Tag Archive for: Vancouver Mortgage Broker

Change / rest

The quote ” A change is a good as a rest” does not apply when you are driving your kids half way across the country to go to university. We traveled through 4 provinces, 5 people + dog in the SUV who’s A/C decided it no longer wanted to work about an hour into our adventure. So the change in my daily activity over the past week was not as good as a rest. However we have safely delivered our girls to university and safely returned back to our home yesterday.

So when you need a break from your every day run of the mill life and you want to go a bit of an adventure, at least make sure that your A/C is working. Other than that it was excellent and got to see parts of our country and people that I have not seen in a long time. Even-though not posting since I left, business kept moving thanks to modern technology.

In regards to the mortgage side of things, the Bank of Canada increased the over night rate by .75% basis points yesterday. The move was to further keep inflation under control. When many economists were believing that this may have been the last increase, the language from the BOC yesterday may point to another rate increase during the next meeting in October.

Today I am thankful for a safe trip to Ontario and back, for the fact that I got to use my french in Quebec city & Montreal and my girls are adjusting well to university.

I look forward to hearing from you in regard to your mortgage needs.

Patrick

p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here

The Next Chapter

The next chapter of my girls lives starts very soon. They graduated high school in June and now are about to start their university life. Our house will certainly be a lot quieter with both of them away for school. However it is also an opportunity for them to grow and develop away from us so they can become independent.

Whether we realize it or not, we are often given opportunities to grow and develop and move away from our past. It could be a new job, new school, new relationship, new home or new town or country. It’s up to us to decide when the last chapter ends and the new one begins so make the most of it.

Today I am thankful for the opportunity to run and be pushed to run faster with my neighbour, I am excited about the next chapter in my girls lives and I am thankful that they have the skills to get them through whatever challenge they may face.

I look forward to hearing from you in regard to your mortgage needs.

Patrick

p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here

Upgraded

As the only thing constant in life is change, we all have to regularly make sure that our skills are upgraded to keep up with the pace of all the changes. I am sure that there are people out there who have not picked up a book since they left school but I don’t know about you but I sure as hell do not want that to be my doctor, accountant or my mechanic.

I have been a mortgage broker since 2002 and since then a lot has changed. We have had 40 amortizations, 100% financing and no doc’s stated income products that are all no longer available. We have stress tests to get a mortgage that were not here 5 years ago and may not be around next year if the rates keep climbing but in hind sight it is good that we have them given the changes of the past year.

The point is that things change and we all need to keep up with the changes. Make sure that the people who you go to for your personal services are keeping up to date with what’s happening today.

Today I am thankful for the elderly driver who was able to stop in time so he didn’t hit me this morning, an early morning outing with my daughter and having deer follow my dog and I on our walk today.

I look forward to hearing from you in regard to your mortgage needs.

Patrick

p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here

Mortgage credit insurance

When I get clients approved for their mortgage I send them out a digital signing package with all the documents that must be signed for both the lender and from a compliance standard for our industry. One of the documents that I include at the beginning of every package is the MPP mortgage protection plan, also called credit insurance.

Clients can choose to accept or waive the insurance. The main purpose of it is to protect the borrowers or their estate in the event that something where to happen to them while the mortgage was still in-force. Personally I know how it helped my family back in 2005. My Mom passed away from breast cancer in 2005, while my parents did not have a mortgage at the time then did have a secured line of credit and had the insurance on it as well. I just remember the peace of mind it gave my Dad knowing that he didn’t have to worry about making the payments.

This same peace of mind is what I want for all my clients. Some people have their own coverage with their financial advisor which is great. At the very least make sure that you have something in place so you don’t leave your family scrambling to cover your debts.

Today I am thankful for another beautiful Sunday morning to go for a run, a quite house to read after I got back and my wife for always coming up with new and creative meals for our family.

“Fun is like life insurance; the older you get, the more it costs”. Kin Hubbard

I look forward to hearing from you in regard to your mortgage needs.

Patrick

p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here

Be Prepared

You will never know what life can and will throw at you, so it’s best to be prepared. Most if not all cars and trucks come with a spare tire and the necessary tools required to change it. Any household with small kids will also have a first aid kit or a least a good stock of bandages cause accidents happen.

I was reminded of this while doing an 80K bike ride with my friend Marissa today. We rode out to the 40K marker and she had to do an extra Km as my route to meet her was a Km. So during this kilometre ride she crashed. Came back to our turnaround point with a bike bent, and scrapes and bleeding. While I didn’t have a first aid kit with us, I did have a towel and water to clean her up. Also thankfully she had a multi tool to do some needed bike repairs.

So are you prepared in the event that you didn’t get paid next month? Do you have 3 months living expenses put aside? Do you have an estate plan in case something happened to you? While we can’t control what happens to us tomorrow. At the very least we can be prepared to face it.

Today I am thankful for the multi-tool and the towel to clean up my friend after her crash, that there was still some Gatorade left in the fridge when I got home from my ride and a quick lunch with my son after I got home.

I look forward to hearing from you in regard to your mortgage needs.

Patrick

p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here

Expectations

More often than not when things don’t turn out as we have expected them to turn out we get upset, angry or disappointed. This is because we got caught up in some future picture instead of focusing on the present. Not everything turns out as planned and things don’t necessarily get resolved on our desired timelines.

The only thing that we can control is our selves and our responses to the events around us. That’s it! We can love, guide and teach our kids but ultimately they will do what they want to do. The same applies to your friends & family. So don’t “should” anyone but yourself.

I love the Buddhist philosophy on expectations whereby they say that disappointment, frustration or anger are emotions that we feel when people or events do not meet our expectations. This causes us to suffer as a result. By releasing expectations will allow us to live in the moment and realize that life is already perfect.

Today I am thankful for my Friday conversations with family, that things are much better when you release the expectations and just live in the moment and for seeing a deer walk with us ( my dog and I ) early this morning.

I look forward to hearing from you in regard to your mortgage needs.

Patrick

p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here

Prep work

It has long been said that the best time to apply to borrow money is when you don’t need it. Also the best time to workout is when you are young and healthy. This is because if you do the prep work when it is easy but not necessary your life will be much better.

Life is not always smooth sailing so I have always looked at each workout as a deposit into my future health bank. The same can be said about your investments and sound financial management. Far too often people have the instant gratification mindset. It’s best to approach life as a marathon rather than a sprint. Playing the long game will always make you much better off, and doing the prep work when it’s easy to do will help make that happen.

Today I am thankful for a walk with my dog before the sun and the rest of the city got up, renewed intensity in my runs lately and a change in perspective towards the actions that make up a much brighter future.

I look forward to hearing from you in regard to your mortgage needs.

Patrick

p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here

Add/Subtract

I am learning from experience that in order to add any desirable behaviour, one must also subtract a corresponding undesirable behaviour. In my effort to read more I have decided that I don’t need to watch TV at night. So I have replaced the TV watching with more reading. Good habit in, bad habit out.

The thing is that we can’t add more time to our days. We all get the same 24 hours, or 86,400 seconds in each day. So in order to really improve by adding more good habits, you must also remove the bad ones. Want to exercise more then consider cutting out social media. Want to save more money then consider preparing your own meals & coffee instead of buying it during the week. Want to be more of a morning person, then go to bed earlier.

Since we all live in this vacuum of the same 24 hour period. To make any change easier, just make sure that you have removed something so that you can fit the good thing into your life.

Today I am thankful for the time I got to read while my truck was getting serviced today, not missing tv or social media as I have added activities of greater value to my life and the chance to drive a new truck with all the bells and whistles while mine was getting serviced.

I look forward to hearing from you in regard to your mortgage needs.

Patrick

p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here

Small changes

Sometimes small changes yield big results. Also small changes done consistently over time will give you humungous results. I say this from experience as just in the past year or so I decided to dedicate at least 20 minutes a day to reading. Now I have always enjoyed reading, it’s just that I had not really made time for it until recently. So last year I comfortably read 25 books and this year I will strive to hit 30.

This same principal can also be applied to your finances, your health or your personal relationships. Rome wasn’t built in a day and people don’t just decide to run a marathon on a whim. Pick some area that you want to improve and start with small changes repeated daily.

Apply this to saving for a down payment on a house or paying off your debts. Start small and be consistent over time and you will achieve your objective sooner than you could think. Also taking a small step is much easier than completing a complex task. One small step at a time is all you need to do to achieve your goals.

Today I am thankful for the sound of of the rain in the morning, helping out returning clients and small incremental progress day after day.

I look forward to hearing from you in regard to your mortgage needs.

Patrick

p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here

The biggest mistake

The biggest mistake that we all make is that we all think that we have more time. Time is our only finite resource. You’re delusional if you think it’s money as you can always make more of that given enough time. It’s also not your health either as people have shown time and time again the ability to totally transform themselves from overweight/underweight to the picture of health given the proper amount of time to do so.

For some tomorrow, next week or next year will not happen for them. So get it done today. Make reparations with that family member or old friend as you may not get another chance. Say yes to that spontaneous invitation to do something different as we have all spent far too much time in our own homes the past few years.

If you are sitting on the sidelines trying to time the real estate market so you can buy at the perfect time, I always say that the perfect time is always now as long as you are planning to make it your forever home.

“My favourite things in life don’t cost any money. It’s really clear that the most precious resource that we all have is time.” Steve Jobs

Today I am thankful for the time I’ve been able to spend with my kids from working at home, for service providers who call me back and cool foggy mornings after hot nights.

I look forward to hearing from you in regard to your mortgage needs.

Patrick

p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here