Exciting News for First-Time Homebuyers! 🏡

Starting December 15th, you can access 30-year mortgages for any home type, making homeownership more attainable.
With West Island Average Home Prices at $790,000* depending on the community you choose; first time homeownership may be easier than you think.
 
Let’s do some quick math: Example Calculation with 20% Down Payment:
 
For a purchase price of $790,000:
Down Payment (20%): $144,400
Mortgage Amount: $577,600
Interest Rate: 4.2%
Term: 30 years
 This results in an estimated monthly payment of approximately $2,790.00
 
Smart Payment Strategy:
By initially increasing (or doubling) your mortgage payments, you can reduce your principal faster, save on interest, and shorten your loan term. If unforeseen circumstances like job loss or illness occur, you can revert to the standard payment, providing financial flexibility.
 
Spring Market Alert: 🌸
With a potential for another .5% rate drop, the real estate market is heating up. With over 20 years of experience in the West Island market, let's start planning your strategy now to get you into your first home.
 
To know more, I'm just a no-obligation phone call away. 📞