Dave the Mortgage Guy

Father of two, husband, investor (20🏘️) and top performing mortgage agent - $1.1B financed for clients over the last 3 years! Let me help you GROW! 🏠🏘️🏘️

[Dave the Mortgage Guy @PlayByPlayDave]

@PeterofRecord @BenRabidoux @JohnPasalis @danielfoch Meaningless for most of my clients. I can’t recall more than a handful or two clients in the last five years who would’ve benefitted from this.
That being said to answer your question, most builders will offer a 5% deposit structure if you prove to them you’re a FTHB

[Dave the Mortgage Guy @PlayByPlayDave]

@danielfoch Ugh!! Feel for these people.

[Dave the Mortgage Guy @PlayByPlayDave]

@JonFlynnREstats I never said there was an issue with my parents situation. What I’m asking is what’s your solution?

[Dave the Mortgage Guy @PlayByPlayDave]

@MarkMcGrathCFP Always happy to connect. Dm me your cell and I’ll text you

[Dave the Mortgage Guy @PlayByPlayDave]

@StephenPunwasi People in our country say… okay the people in charge suck. They’re just saying it too quietly unfortunately

[Dave the Mortgage Guy @PlayByPlayDave]

@fordnation No question we all want rates to come down (a bit)… but provincial govt leaders need to stay out of it. Leave it to the BoC!

[Dave the Mortgage Guy @PlayByPlayDave]

@ronmortgageguy This is absolute insanity! 🤦‍♂️

[Dave the Mortgage Guy @PlayByPlayDave]

@StephenPunwasi Wild 🤯

[Dave the Mortgage Guy @PlayByPlayDave]

@JonFlynnREstats Real estate investing

[Dave the Mortgage Guy @PlayByPlayDave]

@truckdriverpleb Hope you don’t have daughters. If you’re this petty of a man, they deserve better.

[Dave the Mortgage Guy @PlayByPlayDave]

@StockMKTNewz Ignore

[Dave the Mortgage Guy @PlayByPlayDave]

@GoldAlexander @stoughlian @ronmortgageguy In that case if we’d rely on the honesty of the client (eek) as well as the credit bureau. If they own the properties corporately and provide personal guarantees it often doesn’t appear on the personal credit bureau. Shocking that some would not declare income / expenses. 🤦‍♂️

[Dave the Mortgage Guy @PlayByPlayDave]

@stephaneca59705 @ronmortgageguy A fact…
Tell the world more…

[Dave the Mortgage Guy @PlayByPlayDave]

@stoughlian @ronmortgageguy @GoldAlexander Income confirmation
T1 general shows what properties one owns via the rental schedule (a part of the t1 tax return) . Also the credit bureau.

[Dave the Mortgage Guy @PlayByPlayDave]

@GoldAlexander @ronmortgageguy The only one that I know of is National Bank (kind of A… ish) who will do 15 at Stellar rates. Everyone else is capped at 5-10.

[Daniel Foch @danielfoch]

Government announces two-year extension to ban on foreign ownership of Canadian housing

https://t.co/9iPPd4I52L

[Dave the Mortgage Guy @PlayByPlayDave]

@BlueJaysDad One of my fav! RG!!!

[Dave the Mortgage Guy @PlayByPlayDave]

@Yyzcapital @RE_MarketWatch Yup. Gross. Get your shit in order before you ask people to take risks to benefit yourself. 🤮