What’s The Difference Between a 700k house and an 800k house?

Consistency is key.

Someone very important to me reminded me that consistency is important. While I take too much time to write something well thought out, I forget that consistency is key to success and just need to get the blog out.

I’m not just a writer. I’m a businessman on deadlines. Which means sending something out to my loyal email list, at least once every two weeks.

I need to remind people about all the cool things that sets us apart from your every other guy, bank or broker, doesn’t matter.

My Game Changing Mortgage Product. Just In Time For Saturday Open houses.

Picture This. You’re heading out to look at houses with your realtor.

You and your significant other are doing pretty good and making $135,000 per year, combined. You work hard, even do some overtime, while you have kids and a household to keep up too. Life is crazy.

You’ve managed to scrape some savings every month, and with a little help from family too, you have around $85000 of hard earned savings. That took you a long time, because rent and food and kids and cars and people and things are expensive.

Your broker (not us) from whichever place (doesn’t matter) told you the max you could go is 700k on a purchase.

Basically, you’ve got 10% downpayment, so it’s high ratio insured. A good broker knows there’s no wiggle room on debt service ratios It doesn’t matter which lender you’re using. The rules with less than 20% down apply to everyone. Even RBC.

Or do they? Enter Olympic Mortgage.

Does your $700,000 preapproval get you a house? Nope. Not in Victoria. Not even in Colwood, Not in Langford. Maybe in Sooke?

You go home from your Saturday shopping bummed because $700,000 doesn’t get you what you want.

Then you call David at Olympic Mortgage.

David Gets You to $800,000. A Full $100,000 more.

What’s the difference between a 700k house, and an 800k house? Get real. EVERYTHING, if you’re trying to buy the one for $800,000.

What’s the difference between 4.04% on a 5 year term and 4.19%? 0.10%. NOTHING.

The ONLY mortgage rate that matters to this buyer is the one that gets them into the $800,000 house.

This is a game changer. Part of what sets us different.

Yes. This is a powerful tool. That same couple, making $135,000 a year, gets into a small house or half duplex for $800,000.

A full $100,000 more than ALL the other guys doing this.

Do The Stress Test Math.

The stress test is WAY lower for this special product I can offer, exclusively. It’s all the difference. It gets you from 700k to 800k. It also gets you from 470k to 570k. There will be more examples.

Again. This is GAME-CHANGING.
My 6 Month Rate Is As Low as x.2x.

Guess what! I can’t and don’t want to publish the rate. Because everyone’s situation is different. I have to price out every deal differently, because there’s some intricacies on how this plays out between me and the lender.

If you want to know your rate, you just have to call me. Everyone’s rate and offering is different.

Higher Qualifications for That. And that.

It’ll work on houses. Condos. Townhouses. Whether your income is 50k a year, 100k a year, or 200k a year, this will help you get into a higher price range.

You Don’t Have To Re-Qualify After 6 Months.

You’re in the house. You got it. You got it. You got it! You don’t have to re-qualify after 6 months! You’re in! You’re not going anywhere! Now just make your payments, and enjoy your new house.

No. It’s Not A Bait and Switch.

My lender is a well known mortgage company in Canada that prides itself on providing low rates to everyone. The terms of the mortgage are clear. Sure, there’s a predictable penalty to pay out after 6 months if you don’t want to stay. Fair. You saved a ton over the first 6 months of owning your home.

No crazy high rate after 6 months.

Again, lender is a well known low rate lender, that really wants to save Canadians money. Your rate after the 6 months will be very competitive. They don’t want to lose you after the 6 months, you’re just getting comfortable.

We’ll Make Sure Of It.

I’ve been a broker since 2009 doing good work for thousands of people. I work hard to make sure all my clients are happy and doing financially well. I’ll help you make sure you get a good competitive rate at 6 months, but I’m confident the lender will be good to you.

People have been trusting me with their mortgages since 2009, and you can too.

It Takes 15 Minutes To Get Your 6 Month Rate.

I’m that good. In 15 minutes, I’ll assess your situation, figure out your best scenario, and tell you what you can do.

Just call me. Email me at david@olympicmortgages.ca. Or text me even. 2508587160, and just say “Hey David, my name is soandso, and I want to know if I can qualify for your 6 month rate”.

However you can get a hold of me, do it. I’m busier now and losing track, so keep trying.

Signing off for now.