dbertolin

/Diane Bertolin
Diane Bertolin

About Diane Bertolin

Diane along with her team have over 120 years of real estate experience between them all from mortgage lending, to land development, construction, and real estate sales. Diane’s knowledge of economics, her fervent enthusiasm to read everything and her overall desire to help people to become financially independent lead her to this point of building her newest business. She joined the Unimor Capital Corporation team in September of 2016. Diane takes pleasure in helping people get the funds they need to get their dream property, but she also tells you when you cannot afford something. Diane strives to get you, your best mortgage or real estate investment.

What Documents Do I Need to Complete My Mortgage Application?

By | 2018-04-16T10:13:52+00:00 April 16th, 2018|Mortgage Agent, Mortgage Information|

You have already met with your mortgage agent to see whether you are eligible for a mortgage. Mortgage agents still can get preapproval mortgage letter.  A preapproval letter will inform you and your Realtor® as to how much you are qualified to borrow and the mortgage rate and conditions. This does not mean you should put in a cash offer. A preapproval often has conditions that you must satisfy before the lender will lend to you. So use it as a guideline on what you will be able to afford versus an actual mortgage approval. [...]

What are the Fees that come along with Mortgages?

By | 2018-04-09T08:58:42+00:00 April 6th, 2018|Mortgage Agent, Mortgage Information|

What are all these fees? The cost of getting a mortgage. So you sit down with your mortgage agent to discuss a mortgage, and she begins to talk about fees—the elephant in the room. There are number of fees that need to be paid when you close a mortgage including but not limited to the appraisal fee, lawyer’s fee, land transfer fee, lending fee, broker fees, administrative fee, commitment fees, and GST/HST (if a new build). Mortgage agents are required to outline every fee that customers will encounter when they complete a mortgage. A mortgage [...]

What is the Best Type of Mortgage Rate for You?

By | 2018-03-27T17:23:50+00:00 March 27th, 2018|Mortgage Types|

In our culture, homeownership is often seen as validation that we’ve made it. What is the “it”? Well that depends on you and what you value. For some, homeownership means the ability to have a family because they can keep a family sheltered and safe. For others, it means financial freedom because, in their golden years, their home will function as part of their retirement savings. For whatever the reason, most people in Ontario want to own their home. However, homeownership typically comes with a mortgage because most of us do not have $463,882 in [...]

Is The Canadian Real Estate Market Going To Tank?

By | 2018-03-15T12:03:16+00:00 March 15th, 2018|Mortgage Types, News|

There has been a great deal written about the Canadian real estate market and whether the market is going to tank or have what economists call a hard correction. The experts, normally economists, look at a variety of factors in the economy and give their best estimation on what may happen to a particular market segment. In this blog, we are going to simply look at real estate. One Size Does Not Fit All: Supply and demand are the key components to any economic analysis. How much housing stock is in one particular (supply) area, [...]

The Five Things You Need to Know about Bridge Mortgage Financing

By | 2018-03-14T16:27:59+00:00 March 14th, 2018|Mortgage Types|

So you bought a new house and your old one has not sold, but you removed the conditions . . . so you need to close on the new one or you will be in a pickle. This is when bridge financing comes into play. A bridge loan is a temporary mortgage loan used to bridge your two mortgages until you sell your old house.  Here are five things you need to know: You will need to provide the lender with a firm agreement of sale before they consider a bridge loan. Your credit must [...]

Mortgages for Small Business Owners and Entrepreneurs

By | 2018-03-02T14:34:17+00:00 March 2nd, 2018|Credit, Mortgage Agent|

Recently, I was asked to give a presentation on mortgages for small business owners and entrepreneurs. I also thought it would make an excellent blog. For both a personal mortgage or a commercial mortgage: You are going to need to keep your credit in excellent shape to get a decent mortgage both interest rate wise and terms.  You actually have to claim income. Lenders will look at line 150 of your last two tax assessments. Your financial statements and balance sheets will be reviewed by a lender. These should be up to date and current.  [...]

Why do I need a down payment?

By | 2018-02-17T09:06:38+00:00 February 17th, 2018|Credit, Mortgage Types|

Can't I get a mortgage that will cover 100% of the cost? Sigh! I cannot tell you how often I hear these questions when I speak to a prospective client. The short answer is YES. You do need a down payment. Recently, the Office of the Superintendent of Financial Institutions changed the mortgage rules for both conventional and nonconventional mortgage borrowers; now, borrowers have to qualify using a minimum rate. A nonconventional mortgage is a mortgage in which your down payment is less than 20%, and a conventional mortgage entails paying 20% or more. You [...]

Real Estate Investing: It’s not for the faint at heart

By | 2018-02-16T11:59:44+00:00 February 11th, 2018|Real Estate Investing|

Real Estate InvestingThere are a number of stories out there about going from rags to riches through real estate investing—and an even higher number of real estate investing courses that offer you all the get-rich-quick schemes.All I will say is you need to be skeptical.  Yes, there is great opportunity to build wealth by investing in real estate; however, it will not happen overnight and requires a great deal of patience and understanding of real estate to make money.Real estate doesn’t always increase in value. I bought a home in Windsor, Ontario; I lived in it [...]

Should You Get a Second Home Mortgage?

By | 2018-02-16T12:00:35+00:00 January 28th, 2018|Mortgage Agent, Mortgage Types, Second Mortgage|

A second home mortgage is a loan that lets you borrow money against the value of your home and your home equity. Many homeowners decide to take out a second home mortgage for a number of reasons. They can be used to finance home improvements or repairs that improve the property's value, to pay for college, to finance a second home or even to go on vacation.However, before deciding to take out a second home mortgage, you should consider the two types of second home mortgages that are available while also comparing the advantages and disadvantages [...]

7 Ways to Improve Your Credit Score

By | 2018-02-09T13:11:05+00:00 January 21st, 2018|Credit, Mortgage Agent|

Having a low credit score may make you feel hopeless about your financial future, but don't give up now. There are ways you can start to improve your credit score now. While it may seem challenging to raise your score to the standards that lenders of mortgages and auto loans will require, it is definitely possible and simpler than you think. Here are  the seven ways you can improve your credit score and achieve your dreams of financial freedom. Pay attention to credit card balances Schedule a morning, afternoon or time on the weekend to [...]

CALL TODAY!

 

289-337-8492

Burlington Office

 

519-967-1422

Windsor Office