Take advantage of being able to withdraw from your RRSPs without a tax penalty if you are a first time home buyer!
- Travis Beatty (ULD Admin)
- Purchase Financing
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Take advantage of being able to withdraw from your RRSPs without a tax penalty if you are a first time home buyer!
The Toronto Star article covering the pros and cons of utilizing mortgage brokers vs dealing directly with a bank offers insight into properly evaluating your own financial position and the scenario around your purchase.
"The main difference is a bank mortgage officer represents only the products their institution offers, while a mortgage broker is an intermediary who works with multiple lenders and is paid a referral fee by the lenders. Mortgage brokers are regulated in Ontario by the Financial Services Commission and require a licence.
We can help make the best decision for you, from planning your down payment to choosing the right mortgage options.
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