(778) 668-9320 scott.dawson@verico.ca

Accelerated Bi-Weekly Payments

How do accelerated bi-weekly mortgage payments work and how can they help pay my mortgage off faster? If you’re looking for ways to pay off your mortgage faster, you have three basic options; reduce your amortization period, increase your monthly mortgage...

March 30th 2010 News Wrap

Mortgage rate parade: Scotiabank joins other banks in boosting rates The Bank of Nova Scotia has joined the parade of Canadian banks raising mortgage rates, saying late today that it would match increases announced by CIBC and National Bank earlier in the day. Read...

M.S. (Client)

I appreciated your quick and thorough response to each and every inquiry I made. Your follow up at every stage of the process showed you were invested in the transaction and your attention reflected I was a valued client, not just a number. Of course, the rate you...

March 29 2010 News Wrap

Big banks raise mortgage rates in sign era of historically low rates ending Three of Canada’s biggest banks are increasing some of their residential mortgage rates effective Tuesday in the latest sign that consumers should prepare for the era of historically low...

Debbie H (Client)

Scott is a true professional. He puts my mind at ease, is patient with my questions and always keeps me in touch with what is going on and what he recommends. He is constantly on top of communication and details.

First Time Buyers

Are you a first-time buyer? The property you are about to purchase is probably the largest single purchase, and biggest investment decision you will ever make. Let me help you through the confusing maze of lender options, mortgage documentation, and terminology you...

March 26 2010 News Wrap

Canadian homebuyers pressured to enter market sooner on rising prices, mortgages Recent first-time homebuyers say they felt pressure to enter the market as they contended with jitters about rising home prices and higher mortgage rates…Read More Bank of Canada...

What is a Second Mortgage?

A second mortgage can be used to reduce your monthly debt payments, make home improvements or free up cash for whatever you want. Like a home equity loan or others of its type, the lender requires it to be secured by a second mortgage lien. Because the lender is at a...

Self Employed CMHC Guideline Changes

The following changes will be implemented to CMHC’s Self-Employed Product without Traditional Third Party Validation of Income as of April 9th. CMHC is reducing the maximum LTV (Loan to Value) for self employed products without third party validation of income...

Ashley Avinashi (Real Estate Agent)

Disciplined, determined and down-to-earth, Scott has been a great asset to my business and clients alike. He is able to connect with clients in a language that is very easy for them to understand, with willingness to find the best product available.

March 25, 2010 News Wrap

TD Bank CEO warns on C$ strength, interest rates Toronto-Dominion Bank’s chief executive on Thursday urged Canadian policymakers to use fiscal measures rather than interest rate increases to slow the economy, warning that higher rates could damage the...