The right home for you should also come with the right mortgage that fits your lifestyle and future financial goals. We say “The best mortgage is the one that is paid off, with 100% equity in your name”. And getting the right mortgage is the beginning of that journey to help you build the equity while allowing you to live and enjoy the things you want to do. At Your Lifestyle Mortgage it is our goal is to put you in the driver seat through our P.A.C.E. process so you are well informed and can make sound decisions on the biggest loan of…

When you need to access cash that you simply do not have in hand refinancing may be the right option for you. It is generally a better way than having to draw from higher interest creditors, or in some cases filing a consumer proposal. Refinancing can be a way to help keep your credit intact, while having one manageable payment instead of many. And finally, it can alleviate your stress-level. Below are some of the needs we can help you address through refinance: Debt consolidation Equity Take Out (Even for those who are retired) Renovations and home Upgrades Children’s education fund Help Pay off CRA arrears (for…

Congratulations on making it through your mortgage term…now it is time to find out if you truly have the best mortgage / rate option from your present lender Let us help you find out! Your lender may have already done so, or they will be sending a renewal letter stating that you should "Take advantage of their low rate offer before the rates rise, as well as avoid any mortgage renewal fees by doing so". The old carrot and stick approach that unfortunately gets many to sign the dotted line without a second thought. But is your lender putting their best foot forward…

Commercial Mortgage, Renovation Financing, Construction Financing With access to 15 commercial lenders we assist clients as well as our referral partners find the best commercial borrowing solutions. We have dedicated underwriters in our team, who only deal in commercial mortgages, which gives us an edge in helping you find the most suitable lender, as well as with a smooth and timely process. Contact us for any of the following needs. Conventional first Mortgage Commercial Property Equity financing Unsecured Property Loan Renovation Financing Construction Financing Minimum loan amount: $50,000 Maximum loan amount: $100,000,000 Maximum amortization: 30 years Terms available: 1, 2, 3 and 5 years available Loan to Value: Up to 75%

Investment properties Investing in real estate can be one of the most rewarding and safe investment vehicles out there today. Whether you are looking at your first rental investment property or already have multiple properties, with our combined 50+ lenders as well as 15 commercial lenders we are sure to find you the best fit for your needs. Vacation Homes On top of Investment properties, we also help clients find loans for Vacation Homes. As the baby boomers age with grace, they have an abundance of capital, and with it an insatiable desire to invest in a waterfront, or recreational property. After all, they have…

At Your Lifestyle Mortgage we understand that life happens, and sometimes it is just not possible to avoid piling up a high debt that simply seems impossible to bring under control. During these hard times, we are faced with 3 main options Filing for Bankruptcy – where we do not have to pay anything, but we lose all access to credit, and in many cases our prized and valued possessions (including a home, car, etc) Filing for Consumer Proposal – while a bit better than filing a bankruptcy, a consumer proposal will still halt our access to credit, reflect as a bankruptcy on…

As more and more Canadians age, and the cost of living keeps going up, it is sometimes hard to keep up with all the expenses and lifestyle while depending on only the pensions, or even the income we bring in. An Equity Release (or REVERSE) mortgage is a solution designed to assist those who are 55 years of age or older live a more comfortable life, whether they are working or not. This type of mortgage helps you access equity from your home, without having to worry about making monthly mortgage payments. Some of the key features of an Equity Release or Reverse…

Purchasing a home is one of the most exciting experiences in life. That is especially true and more profound when it is your very first home. At YLM we have gone through that experience as buyers ourselves, and completely understand and anticipate the many questions and concerns you may have. That is why we came up with our New Purchase Overview and Checklist to help explain and guide you through the process, one step at a time. We know that mortgage rates are front and center on your mind, but your mortgage contract is more than simply just the rates. Consider an experience…

There are many benefits to being self-employed. You get to control your destiny, be your own boss, and keep more of the hard-earned money for yourself. However, when it comes to getting a mortgage, be it a new purchase, refinancing or renewing a present mortgage, many find that even the lenders that they have dealt with for years may be turning down the application. Often it is simply because what we earn in real life does not reflect our income on paper. There are expenses, write-offs and costs legitimately allowed by the Government that end up showing our net income much lower than…

If you are one of the many who are aspiring to become a home-owner, but do not have any money of your own to put as a down payment, we can help. While the rules dictate that a borrower must have at least 5% as a down payment, we can assist. If you have an excellent credit rating and stable employment, then there are ways to help you realize your home-ownership dream. Contact us now to find out how we can help!