An Audio Interview With One Of
Canada's Top Mortgage Brokers
You would have just received your October Canadian Real Estate Insider Newsletter last week, and the response from the subscribers to that edition was overwhelming. It appears that many Canadian Real Estate Investors welcomed the fresh perspective to what they have been reading in all the newspapers reporting all the short term market turmoil.
If you did not receive a copy of that newsletter
you can click here to read all the details.
The other positive feedback from the subscribers pertained to the audio and video links included in that newsletter. You had the opportunity to listen and watch some national interviews to gain perspective on what's going on in the Canadian Real Estate Market.
On the heels of that newsletter,
you now have the opportunity to hear
from one of Canada's leading
Mortgage Brokers, Peter Kinch.
Without a doubt one of the hottest topics of conversation these days (just check out the
myREINspace.com discussion threads) is the state of the Canadian Mortgage industry...
- Are banks lending money?
- If so, how do you get your application to the top of the pile?
- Where are interest rates going?
- Should you lock-in or ride the variable rates?
- What are the banks doing?
These are just a few of the questions we see on a regular basis from Canadian Real Estate investors, and they want the detailed answers from expert unbiased sources of information.
Based upon the responses and comments on the discussion forum we thought we would invite one of Canada's top Mortgage Brokers on a conference call to ask him some hard hitting questions. Russell Westcott, VP of REIN™ interviewed Peter and you have the opportunity to hear all the details of their conversation
The good news is, the entire conversation was recorded
for your benefit. You can learn and,
more importantly, take advantage
of the key insights that were discussed.
Peter Kinch is one of the busiest people we know and to get about 80 minutes of his time is very fortunate for you...
if you take time to listen to this very important interview.
We discussed some current events in the Canadian Mortgage Landscape. For example here are a few of the many questions that Peter covered:
- American banks filing for bankruptcy... what does this mean to Canadian banks and, more importantly, your next Mortgage application?
- What happens if a lender goes out of business... are your savings safe? Will you still have to pay back your Mortgages?
- Elimination of the $0 down and 40 yr amortization Mortgage options... is this detrimental to Real Estate Investors... or a prudent decision from CMHC?
- Global banks are collectively lowering key lending rates. What does this mean to your current mortgages... and your new Mortgage applications?
- On top of the Global banks lowering the key lending rates the Bank of Canada additionally lowered Prime interest rates. How does this help your cash flow, if at all?
- Canadian Banks originally did not follow suit with the Bank of Canada and did not pass along the full rate reductions. Have the banks reversed their original decisions?
- Canadian Banks removed the discounts on their Mortgages... then they moved to Prime +1% on variable products all in a matter of a couple of days. Are variable mortgages still good options, or should you lock-in?
- With all the events going on in the Financing industry are consumer mortgages more expensive and will your mortgage payments increase, decrease or stay the same?
- Is it more difficult to get financing right now? If so, what do you as a Real Estate investor need to do to ensure you are continually having your deals approved?
- What actions do you need to take to ensure success in business and Real Estate Investing, and to continue to receive Mortgage financing on your good deals?
- Are Canadian Banks in better shape than their counterparts in other countries... and if they are... why?
- What are some of the common mistakes that most people make when submitting their Mortgage applications, and how can you avoid these mistakes to get your application to the top of the pile?
Finally, Peter dusted off his crystal ball and gives
you an interest rate prediction,
and a strategy to follow to take advantage
of the current mortgage market...
this alone will be worth listening
to the entire audio recording.
When one of the top Mortgage Brokers in Canada has something to say... I always have a pen and paper ready to take many notes, and I'm sure you will too.
Peter will be presenting his additional key insights and the
NEWLY updated Sophisticated Investor Checklist, (now 8 pages long with even more details to have the Bank Say Yes to your next application),
at the upcoming ACRE System program in Edmonton,November 8th & 9th.
Seats for this event are filling up quickly and the event is only a few short days away.
To ensure you have your spot secured... click here
to be instantly registered for this event
before all the seats are gone.
For more information on this event
click here For The Peter Kinch Interview...
Talking About The Current State of
Canadian Mortgages and Financing In Canada
Click the links below to listen to the audio interview: -Track #1 -Track #2 Click here to register for one of remaining seats at the ACRE System program in Edmonton.
Enjoy and I look forward to seeing you at the Upcoming ACRE System!,
Don R. Campbell
PS... Peter and his team will be at the upcoming ACRE System program in Edmonton (Nov. 8th and 9th). All attendees at the upcoming ACRE System will have the opportunity to sign up for a complementary Pre-positioning consultation (space pending at the event). One of Peter's trained staff will offer you a 30 minute consultation based upon YOUR SITUATION, this can be extremely valuable to you and your future Mortgage application.
PPS... You have questions, this is your opportunity to hear some unbiased information from the #2 Mortgage Broker in Canada, talking about the Canadian Mortgage landscape and how you can take advantage in today's lending environment