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The Mortgage Secrets Podcast w/ Craig Austin

Craig Austin · Toronto, ON

Short episodes walking buyers through pre-approval, shopping for a home, closing and optimizing a mortgage using tax strategies and financing options.

Status: inactive

Episodes

  1. 2 min

    13: How To Get A Mortgage After Bankruptcy

    Are you facing financial hardship? Don't miss this episode of The Mortgage Secrets Podcast! Discover practical solutions for getting a mortgage after bankruptcy. We'll guide you through the waiting game, alternative lending options, and the world of private lenders. Plus, learn why sharing your story can work in your favour. Tune in for essential insights on your path to homeownership. 🎧🔑 #MortgageSecrets #FinancialRecovery #HomeownershipAfterBankruptcy chatwithcraig.ca

  2. 6 min

    12: Secure Your Child's Future: Back to School Homeownership Tips for Parents

    Join us on The Mortgage Secrets Podcast as we dive into a game-changing episode: "Secure Your Child's Future: Back to School Homeownership Tips for Parents." 🎒🏠 As summer winds down and the back-to-school season approaches, Canadian parents have a golden opportunity to plan for their children's education while securing their financial future. Discover the advantages of buying a rental property now, building equity for the next generation, offering affordable rent during university years, and imparting valuable life lessons to your child. 📚💰 Tune in to this insightful epis

  3. 4 min

    11: Understanding Bridge Financing in Real Estate Transactions

    www.chatwithcraig.ca Discover the ins and outs of bridge financing in this episode of the Mortgage Secrets Podcast. Bridge financing, a short-term loan, fills the financial gap between selling your existing property and purchasing a new one. It's vital when buying before selling or when closing dates don't align. Learn about the application process, benefits, and risks, and gain expert tips for a successful bridge financing experience. Subscribe for more mortgage and real estate insights on the Mortgage Secrets Podcast.

  4. 2 min

    10: Self-employed individuals can qualify for a mortgage without increasing your personal income!

    The game-changing secret for self-employed individuals who want to qualify for a mortgage without increasing their personal income. I reveal an alternative approach to traditional lenders that can save you from paying higher personal income taxes. By exploring the option of "B" lenders, you can showcase your bank statements for the past six to twelve months, providing a snapshot of your recent revenue. While it may come with a slightly higher interest rate, the potential tax savings often make it a more advantageous choice. www.chatwithcraig.ca

  5. 2 min

    9: Realtors and Mortgages - Debunking the 2-Year PREC Misconception

    The notion that a realtor needs to have a PREC for at least two years before being able to obtain a mortgage is nothing more than a common misconception. Lenders consider an overall 24-month income period, and it's vital for realtors to collaborate with a mortgage professional who can help them navigate the options and find the ideal mortgage for their specific needs. www.chatwithcraig.ca

  6. 4 min

    8: Hidden Expenses: Why the Lowest Interest Rate Isn't Always the Cheapest

    In this episode, we explore the common misconception that the lowest interest rate equals the lowest cost mortgage. We uncover the impact of factors like the bona fide sales clause, lack of portability, and limited prepayment privileges, revealing how these can outweigh the initial savings of a discounted rate. Discover why it's crucial to look beyond the interest rate and consider the overall cost when choosing a mortgage. Questions? Go to www.chatwithcraig.ca to schedule a call

  7. 4 min

    7: What you need to know about bidding wars and how to "win" them

    When the Greater Toronto Real Estate Market is on fire and sellers have all the leverage, bidding wars are a common phenomenon. Bidding wars are oftentimes confusing, frustrating and complicated so let's take a closer look at what REALLY happens behind the scenes. Need a rockstar realtor referral? Let's Chat! www.chatwithcraig.ca

  8. 6 min

    6: How to increase your credit score!!!

    Please find below some useful tips: Most major lenders require a minimum of 2 full years of credit history with at least 2 active trade lines and a minimum of $3,500 of available credit before they will consider offering you a mortgage. This demonstrates that you have a history of paying back borrowed money before being given theirs. It is important to never go into overdraft on your credit card, as this could cause you to borrow more money than your credit limit allows. Try to keep your credit utilization below 30% of your credit limit. For example, if you have a credit card with a $1,000 lim

  9. 4 min

    5: What is mortgage default insurance and when do I need it?

    As a Canadian mortgage expert, I often get asked about mortgage default insurance, also known as mortgage insurance or CMHC insurance. This insurance is required by law in Canada for homebuyers who are putting less than 20% down payment on a home. Want to learn more? Go to www.chatwithcraig.ca to schedule a free mortgage consultation

  10. 8 min

    4: How to be mortgage free in 11 years!

    If you would like your blueprint on how to be mortgage free in 11 years, please ⁠CLICK HERE⁠ to download your free PDF. If you would like to see if this is something you can accomplish let's chat! Visit ⁠www.ChatwithCraig.ca⁠ to schedule your free mortgage consultation.

  11. 6 min

    3: 5 mortgage secrets that can help you keep more money in your pocket!

    Unlock the Secrets to Saving Money on Your Mortgage! Click here to receive a complimentary document with the top 5 mortgage secrets that could potentially save you thousands of dollars." Alternatively, you can schedule a call with me by visiting www.ChatWithCraig.ca

  12. 4 min

    2: Understanding Mortgage Penalties

    Mortgage penalties can be a significant cost if you need to break your mortgage term early, but not all mortgages are created equal when it comes to penalties. www.ChatWithCraig.ca

  13. 5 min

    1: 5 Biggest Mortgage Mistakes Homebuyers Make

    Welcome to One Property Away, your go-to podcast for all things mortgage-related! I'm your host Craig Austin, and today we're diving into the 5 biggest mortgage mistakes and misconceptions about mortgages and home financing. If you're in the market for a new home, then you won't want to miss this episode. We'll be breaking down the most common pitfalls that homebuyers face when it comes to mortgages. www.ChatWithCraig.ca