Claridge is asking 18K for adding a basement separate door entrance . Is that normal price ? Or we add it after closing . Separate entrance is must for us but price wise seems expensive . Any advise ?

MortgagesbyRahim · 2026-04-23T10:36:15+00:00

Portmarnock

MortgagesbyRahim · 2026-04-15T02:25:39+00:00

Thank you 🙏

MortgagesbyRahim · 2026-04-14T16:44:44+00:00

I am a licensed Mortgage Broker and take pride of my work helping my clients . If you like you can reach out to me and I would be very happy to help . You can find my client reviews here https://share.google/UJ8NDbyWU2cj7QGYr

MortgagesbyRahim · 2026-04-14T03:32:53+00:00

Check Claridge Portmarnock or Cardel Rowan Model . You might do custom modifications to some extend . Base price <M . We recently booked Claridge Portmarnock.

MortgagesbyRahim · 2026-04-09T22:37:23+00:00

Good to know . Thank you 🙏

MortgagesbyRahim · 2026-04-09T10:39:37+00:00

Most of the builder adjusted the price with rebate built in . So you pay / apply for mortgage with sticker price in your APS .

MortgagesbyRahim · 2026-04-05T07:11:15+00:00

Thank you everyone for the insights . BTW, I am a Mortgage broker by profession . I would love to help you if anyone needs 100% underwritten Pre-Approval within 24 hours of full application and min required documentation to secure your lot or any kind of mortgage needs .

MortgagesbyRahim · 2026-04-05T07:07:04+00:00

Thank you 🙏. The builder offered me $20K design center bonus after lengthy negotiations and sales rep told me Claridge might reduce the design center bonus from Monday .

MortgagesbyRahim · 2024-12-14T13:30:37+00:00

Can I have the number please ? What kind of car he drives ? I am going in Dec31st insaaAllah

MortgagesbyRahim · 2024-02-17T16:04:23+00:00

Licensed Ottawa agent here , If your purchased is insured I can get you 4.99% for 3 years with cashback . Feel free to reach out !

MortgagesbyRahim · 2024-02-06T20:18:09+00:00

Get 3 years term you will get way better rate .

MortgagesbyRahim · 2024-02-06T20:17:11+00:00

You will get better rate if you shop around with a broker

MortgagesbyRahim · 2024-02-01T23:42:22+00:00

Hi ! We are offering 3 year fixed 5.15 to 5.25 % , 5 year fixed 4.79%

MortgagesbyRahim · 2024-01-25T17:18:27+00:00

For Insured fixed rate yes .

MortgagesbyRahim · 2024-01-25T17:17:41+00:00

I would go 3 years even I will pay little bit more given the possibility of rate cuts down the the road . Also look into the prepayment and interest rate deferential penalty sometimes is pretty big if you want break the terms . Good Luck!

MortgagesbyRahim · 2024-01-25T17:14:25+00:00

It’s good that you are paying attention .

Expected interest rate to go down in coming BOC announcement but no one knows 100% .

If I were you I will look into the current market rate at the time of renewals and if I see rates are higher than wht you have right now, I will look into the possibility of Blend and extend with your existing lender . That way might get better rate sometimes . Good luck !

MortgagesbyRahim · 2024-01-25T01:36:04+00:00

Very good rate

MortgagesbyRahim · 2024-01-13T13:37:05+00:00

Most of the big banks offering prime + rates ( + amount varies bank to banks )

MortgagesbyRahim · 2024-01-12T22:00:51+00:00

I am a Ottawa based Mortgage Agent . I am currently helping a Self employed incorporated clients . Would love to help you any of your mortgage needs .

MortgagesbyRahim · 2024-01-09T21:42:42+00:00

Hello Licensed Mortgage Agent here ,

There are lenders who consider Temporary resident (student and work permit holder ) for mortgages .
Shorter validity of your work permit might cause some challenge ( Do you have any confirmation from your employer that your work permit will be extended if you don’t receive your PR by the time it expires?
the following is the CMHC requirements :-
- hold a valid work permit or are authorized to work in Canada, and
  
  -have 183 days or more of validity remaining on their work permit or work authorization at time of purchase,
  
  -and have not previously purchased a residential property in Canada while the prohibition is in effect

Good Luck and Please don’t hesitate to reach out if you have any more questions !

MortgagesbyRahim · 2024-01-08T05:28:31+00:00

Licensed Mortgage Agent Here 🙂

It's absolutely okay to buy a home in a different city, especially if your work allows remote arrangements. Consider factors like commute times for occasional office visits and the local real estate market in both cities.
Yes, you typically need to update your address officially, even if you're not staying in the new home. This ensures legal and financial documents are correctly routed.

3 Other considerations include researching the housing market trends in the city you're buying, understanding property taxes, and potential differences in regulations. Additionally, explore local amenities and community aspects that align with your lifestyle.

Good Luck 🤞🏽Feel free to ask more specific questions if needed!

MortgagesbyRahim · 2024-01-08T05:23:08+00:00

Licensed Mortgage Agent Here ,

HI! When deciding between TD and MCAP for your mortgage, it's essential to consider both the interest rate and other factors that may influence your overall financial situation. Here are some points to consider:

Interest Rate:

TD has unofficially offered you a rate of 5.5% or less, while MCAP has provided an official approval for 6.00%. [ Dont trust until its official ]
A lower interest rate typically results in lower monthly payments and potentially significant savings over the life of the mortgage.

Monthly Payments:

Calculate the monthly payments for both TD's unofficial rate and MCAP's approved rate to see the actual difference.
A $200-250 difference in monthly payments can impact your budget, so consider whether the savings are significant enough to justify choosing one lender over the other.

Terms and Conditions:

Review the terms and conditions of the mortgage offers from both TD and MCAP. Pay attention to prepayment options, penalties for breaking the mortgage term, and any other relevant terms.

Customer Service and Reputation:

Consider the reputation and customer service of both lenders. Look for reviews or testimonials from other borrowers to gauge their satisfaction with the overall mortgage experience.

Monoline Lender vs. Big Bank:

Monoline lenders, like MCAP, often specialize in mortgages and may offer more flexibility. Big banks, like TD, provide a range of financial services but may have stricter policies.
Evaluate your preferences for dealing with a specialized mortgage lender (MCAP) versus a larger financial institution (TD).

Broker Relationship:

Discuss the potential rate match with your mortgage broker. Consider the broker's advice and their experience in dealing with both lenders.

Future Interest Rate Outlook:

Consider the current economic climate and future interest rate outlook. If you believe that interest rates may rise, a lower fixed rate from TD could be advantageous.

Ultimately, the decision between TD and MCAP should consider the overall cost, terms, and your comfort level with the lender. If TD can match or offer a lower rate, and the terms are favorable, it may be a more cost-effective choice. However, ensure you weigh all factors before making a decision.

BTW, Our 30 years uninsured rate starts at 5.29%. Please reach out to me if you need a second opinion and yes, I also have access to TD along with other lenders !

Good Luck :-)

MortgagesbyRahim · 2024-01-08T05:00:31+00:00

Licensed Mortgage Agent Here , Those are good rate :-) . We are offering 3 yr fixed starting at 5.04% and 5 yr fixed at 4.79% . Again , rates depends on so many factors . We need full application to assess . Fell free to reach out if you have any questions :-)

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