Episode 007: Demystifying mortgages with Supriya Mehra

Personal FinanceFinancial LiteracyDebt and Credit
Written By Lianne Hannaway
 

If you want to buy a home, you might need a mortgage. The language around mortgages can be complicated, and getting the right one depends on your circumstances.

In this episode, I speak to Supriya Mehra, Mortgage Advisor and host of the Canadian Real Estate 101 podcast, to discuss your biggest questions about the mortgage process. We discuss the qualification process and how to secure a first-time mortgage or get a mortgage renewal. 

Let’s demystify this integral part of the wealth-building process together.

WHAT YOU’LL LEARN

  • What are the qualification requirements, and what is the stress test?

  • When should you start looking for a first mortgage? Or mortgage renewal?

  • Types of mortgages, like variable rate, fixed rate and other terms

  • What documents do you need to look for a mortgage? Or mortgage renewal?

  • What should you ask a potential mortgage broker?

FOLLOW SUPRIYA MEHRA, MORTGAGE ADVISOR


THINGS MENTIONED IN THIS EPISODE

  • Episode 004: What is inflation? An explainer

  • Office of the Superintendent of Financial Institutions (OSFI)

  • Financial Services Regulatory Authority of Ontario (FSRA)

I want to hear from you! Drop me a note at nobossofmepodcast@gmail.com or hit me up on IG @nobossofme. 

Learn more about getting started with investing for financial fulfillment at https://www.liannehannaway.com/masterclass-live.

Music By @freebeats.io

 
Lianne Hannaway https://liannehannaway.com
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