Dually licensed as a Mortgage Broker and REALTOR®, Sharie Minions loves and is involved in every facet of the real estate business. An established Mortgage Broker facilitating several hundred mortgage transactions since 2010, Sharie can help you simplify your real estate purchase or refinance by acting as your go-to throughout the whole process. Looking for a mortgage broker but already have a REALTOR®? No problem. Sharie frequently works with other realtors and would be happy to work solely as your mortgage broker to assist you through that part of the process.
Port Alberni is a vibrant waterfront community at the Heart of Vancouver Island. Once thought to be nothing more than a ‘stinky mill town’ Port Alberni now enjoys a diverse economy, a massive network of trails, a mixed use waterfront perfect for kiteboarding, wind surfing, stand-up paddling, boating, fishing, and much more. Port Alberni is a community that embraces it’s industrial history, while valuing the active, livable, bustling community it’s evolved into.
All about the Mortgage Changes
Posted on Oct 22, 2017 in Mortgage Market Updates and News
If you’ve been following the real estate and mortgage news, you’re likely already aware that there are some significant mortgage changes coming in the new year. This post gives a breakdown of those changes and an idea of how they may effect you. Last October, the Office of the Superintendent of Financial Institutions (OSFI - the rule-maker of lending guidelines) announced and implemented probably the most drastic set of mortgage regulations changes we’ve ever seen. Those guidelines were announced October 3rd and took effect...
What is CMHC insurance and what do I need to know about it?
Posted on Aug 14, 2017 in Mortgage Market Updates and News
CMHC or Canada Mortgage and Housing Corporation, is a topic I constantly get questions about. So what is CMHC? When is it required? What are the benefits? What are the costs? When do you pay it? What do you need to know.. Here's everything you as a mortgage borrower, need to know about CMHC. What is is and when do I need it? CMHC is mortgage default insurance. It's required on every purchase mortgage in Canada where the purchasers are putting less than 20% as a down payment. For first time home buyers, putting less than 20% down (typically 5%) is...