Busy last few days but there is some great changes in what we will do for your mortgage and real estate needs!

Looking for the right answers to ALL your Residential and Commercial mortgage financing needs?

RESIDENTIAL MORTGAGES:::> PURCHASES OR REFINANCES:>
1 YEAR FIXED MORTGAGE RATE 2.64%
2 YEAR FIXED MORTGAGE RATE 2.59%
3 YEAR FIXED MORTGAGE RATE 2.69%
4 YEAR FIXED MORTGAGE RATE 2.89%
5 YEAR FIXED MORTGAGE RATE 3.05% – For Refinance.
5 YEAR FIXED MORTGAGE RATE 2.98% – 30 Day Close Special.
5 YEAR FIXED MORTGAGE RATE 2.98% – When you buy a home with my real estate team!
VARIABLE RATE MORTGAGE PROMO 2.80%
VARIABLE RATE MORTGAGE NORMAL 2.90%

COMMERCIAL MORTGAGES:::> PURCHASES OR REFINANCES:>
5.15% FIXED MORTGAGE RATE

***BUSINESS OWNERS***
DO NOT WASTE YOUR HARD EARNED CAPITAL ON GROWING YOUR BUSINESS. I CAN GET YOU THE EQUIPEMENT TO GROW YOUR BUSINESS. MY LEASE FINANCING WILL HELP YOU GET THE EQUIPEMENT YOU NEED!

ALL AND ANY TYPE OF EQUIPEMENT CAN BE LEASED….TALK TO ME FOR MORE DETAILS!!!!

Some of the services I offer:
- Residential Mortgages up to 100% financing (95% financing with a 5% cash back).
- Commercial mortgages up to 90% financing.
- Mortgages to buy a home with NO MONEY Down.
-Rent To Own programs if you do not get approved through regular financing.
- Residential First mortgages up to 100% (95% financing with a 5% cash back).
- Residential Second Mortgages up to 95%.
- Mortgage packages and rates better then the banks.
- Private Mortgages available.
- Mortgages to buy a rental property with NO MONEY Down.
- Mortgages to consolidate your debts and have one low monthly payment.
- Mortgages to Stop Power of Sale proceedings.
- Mortgages to payout property tax arrears.
- Mortgages to use equity in your home to expand your business.
- Mortgages for the Self Employed Professionals.
- Equity-take out mortgages to invest in high return investments.
- Re-establish credit with a credit card with $1000.00 security deposit.
- Mortgages to help with you children’s education or take a great vacation.
- Much , much more.

Are you a homeowner? Is your mortgage TAX DEDUCTABLE?
Call me to show you the huge tax savings that are available to YOU!
*******************************************************************

Are you behind on your mortgage payments?

• Are you 1,2,3,4, or 5 months behind and is the lender about to take over your home?
• Will your current mortgage lender not renew your mortgage?
• Is the sheriff’s office knocking at your door?
• Are creditors calling you night and day?
• Is the Canada Revenue Agency coming after your home?
• Is your property tax department proceeding with a tax sale?
• Is the Retail or GST Tax department after you?
• Have the banks and other lender’s turned YOU down?
• Do you think there is no solution for you and your family?
THINK AGAIN!!
• I have the money to get you the help you need.
• There are other solutions that I can offer if mortgage refinancing will not resolve your current issue.

Do you need help? Do you want help?

Quick closings…. Quick process…. Honest help.

I am not here to judge, just help.

Call me and I will show you how I can help.
**********************************************************************

Tired of Throwing Your Money Away on Rent?

“Discover How to Finally Stop Renting and Own a Home of Your Own… Even If You Don’t Have a Penny For A Down Payment!”

“If you are not approved for a mortgage through normal channels then our Rent-To-Own program is an alternative to become a home owner sooner than later.”

Introducing a FREE Home Buyer Information Booklet exclusively for renters who are tired of making their landlord rich and who want a fail-proof plan for home ownership.

TOPICS
• Little-known strategies for buying a home with little or no down payment
• How to turn your rent payment into a comfortable mortgage payment
• Tips for finding the “perfect” home for you
• Deadly mistakes most first time buyers make and how to avoid them
• How our Rent-To-Own program can make you a home owner sooner then later

Email us a Free Report Request at info@NetworthMortgage.com

Feel Free to Meet for a FREE NO OBLIGATION Discussion of Your Mortgage Needs

Don’t Miss This Opportunity To Learn How To Get Into A Home Of Your Own

FREE ADVICE!

FREE REPORT!

Why Are We Doing This For Renters?:

Jim Amitofski is the Mortgage Broker / Owner of Networth Mortgage Centre and he has many years of experience assisting renters to become home owners. Jim Amitofski is an advocate for educating renters on the options available to become home owners. Jim Amitofski has developed an informative package and offers free advice that helps renters to get into a home of their own and build their overall net worth. He has demonstrated to hundreds, how to turn their rent payment into a comfortable mortgage payment and avoid the deadly mistakes most first time home buyers make. Jim Amitofski promises to educate buyers and provide them with the necessary tools to purchase a home in this busy market with ease and confidence.

Jim Amitofski, BROKER,AMP
NETWORTH MORTGAGE CENTRE-FSCO# 11913
Mortgage Broker/Owner
Accredited Mortgage Professional
“YOUR LOCAL BIG CITY MORTGAGE BROKER”

Toronto : 416-431-6662
Durham: 905-903-0012
Email: jimamitofski@NetworthMortgage.com
Website: www.NetworthMortgage.com
Blog: www.NetworthMortgage.Wordpress.com
Check me out on Facebook: www.Facebook.com/jetmir.jim.amitofski
Follow me on Twitter: www.Twitter.com/jimamitofski

“ Dealing with a professional mortgage broker, licensed and registered with the Financial Commission of Ontario makes you aware that you are dealing with a mortgage professional monitored and regulated by the government who has exceeded the education requirements to deal in mortgage financing and working with your best interest in mind”.

“Why deal with just a mortgage agent when you can deal with the Principle Broker/Owner who has the education, experience, knowledge, and negotiating skills looking out for a great mortgage for all your mortgage financing needs.”

Helping is what do in real estate and mortgage financing!

Well…had a meeting with my team of mortgage and real estate professionals. I have indicated to them the way we are to be the best is to give our clients the best. Right nopw on the real estate side I have told myteam what needs to be done with respect to the real estate and mortgage side of my group of companies I am leading.

On the real estate side we offer:

1) Marketing package next to none to expose their home to get the top dollar. We not only use our explosive on line presence I also have them using my over 100 contacts in the real estate field to sell our properties as fast and for as much as possible to get our clients TOP dollar.

2) We take the requirements of our clients for the next home for them and find them the property that fits their want list. Once we have got a small list of properties that fit their critera we aim for the best property to choose.

3) Next I tell my real estate professionals to use my secrets through the years of real estate to the test and use my negotiating secrets to get the client the property for the BEST price for that property.

4) After this…it happens…the clients are happy both on the selling of their property and/or the buying of the property that they want,

We make it that simple…..

 

On the mortgage we offer:

1) The best mortgage product for their particular neds from the over 150 bank lenders and private lenders I have accumulated throughout the years of being in the mortgage business.

2) I then tell my mortgage professionals to ensure they follow my knowlege I teach them to sit down and ensure they get the whole picture from the client to esure the client is fully taken care of from star to finish.

3) After they have the full story from the client…I tell them to fully work the request from the client whether it be for a purchase, refinance, renewal, debt conolidation, equity take out, or solution to a power of sale mortgage to work it in an effective and effecient time frame to get the results the client(s) deserve for each and every customer.

Once this is done the client is not only happy but they are so happy that they will referr all of their friends, family, colleagues, and aquaintances to our firm for all their mortgage financing needs.

Our business is about making the customer happy and when the customer is happy then we have reached our goal of customer appreciation in working with our firm. 

Give us a call if you have any questions with respect to your real estate and mortgage needs. We will ensure that your rquests are taken care of in full. 

Email info@networthmortgage.com or 416-431-6662 or visit our website at www.NetworthMortgage.com

BMO 2.99% FIXED 5 YEAR ..WOW…WITH A TWIST!!!

Well everyone has probably heard by now…that BMO has been offering a 5 year mortgage rate at 2.99%…but it was never really stated that the prepayment is lower then normal and that the max ammortization is only 25 years. This ammortization is important because it sets what you pay on a monthly payment. There is also a deadline for this offering. All they are doing is offering it and then taking it away to intice people to come to them and then state it is over to sell you something else. Watch out. And now TDCT and RBC has come into the picture and has been offering a 4 year fixed for 2.99%. These rates should not be offered in a promotion style. Thye should be around in a firm way. Being a mortgage brokerage owner I have been dealing with banks that have been offering these rates and now lower so truly BMO is not doing anything out of the normal and they are actually not helping out a lot of clients by limiting them to a 25 year ammortization meaning the clients that might be able to qualify will be paying a higher mortgage payment then necessary.

Right now I am offering a 5 year fixed mortgage rate as low as 2.94% and a low 4 year fixed of 2.89%. Weather it be for a home purchase, refinance, or renewal give me a call and lets see what we can do together to increase your networth through smart mortgage options.

Contact me either by email at jimamitofski@NetworthMortgage.com or toll free 1-877-431-6662.

NEW YEAR MEANS RE-LOOKING AT YOUR MORTGAGE AND REAL ESTATE SITUATION!!!

Hello all.

With the new year brings opportunity to re-look and re-examine your mortgage and real estate portfolio to take advantage for your best interest.

Right now we offer the foloowing to you:

RESIDENTIAL MORTGAGES:::> PURCHASES OR REFINANCES:>

1 YEAR FIXED MORTGAGE RATE 2.64%

2 YEAR FIXED MORTGAGE RATE 2.59%

3 YEAR FIXED MORTGAGE RATE 2.69%

4 YEAR FIXED MORTGAGE RATE 2.89%

5 YEAR FIXED MORTGAGE RATE 3.19% – For Refinance.

5 YEAR FIXED MORTGAGE RATE 3.10% – 30 Day Close Special.

5 YEAR FIXED MORTGAGE RATE 3.09% – When you buy a home with my real estate team!

VARIABLE RATE MORTGAGE PROMO 2.60%

VARIABLE RATE MORTGAGE NORMAL 2.80%

 

COMMERCIAL MORTGAGES:::> PURCHASES OR REFINANCES:>

5.15% FIXED MORTGAGE RATE 

Some of the services I offer:
- Residential Mortgages up to 100% financing (95% financing with a 5% cash back).
- Commercial mortgages up to 90% financing.
- Mortgages to buy a home with NO MONEY Down.

-Rent To Own programs if you do not get approved through regular financing.
- Residential First mortgages up to 100% (95% financing with a 5% cash back).
- Residential Second Mortgages up to 95%.
- Mortgage packages and rates better then the banks.
- Private Mortgages available.
- Mortgages to buy a rental property with NO MONEY Down.
- Mortgages to consolidate your debts and have one low monthly payment.
- Mortgages to Stop Power of Sale proceedings.
- Mortgages to payout property tax arrears.
- Mortgages to use equity in your home to expand your business.
- Mortgages for the Self Employed Professionals.
- Equity-take out mortgages to invest in high return investments.
- Re-establish credit with a credit card with $1000.00 security deposit.
- Mortgages to help with you children’s education or take a great vacation.
- Much , much more.

 *******************************************************************

 Are you behind on your mortgage payments?

 Are you 1,2,3,4, or 5 months behind and is the lender about to take over your home?

Will your current mortgage lender not renew your mortgage?

Is the sheriff’s office knocking at your door?

Are creditors calling you night and day?

Is the Canada Revenue Agency coming after your home?

Is your property tax department proceeding with a tax sale?

Is the Retail or GST Tax department after you?

Have the banks and other lender’s turned YOU down?

Do you think there is no solution for you and your family?

THINK AGAIN!!

• I have the money to get you the help you need.
• There are other solutions that I can offer if mortgage refinancing will not resolve your current issue.

 **********************************************************************

 Tired of Throwing Your Money Away on Rent?

“Discover How to Finally Stop Renting and Own a Home of Your Own… Even If You Don’t Have a Penny For A Down Payment!”

 “If you are not approved for a mortgage through normal channels then our Rent-To-Own program is an alternative to become a home owner sooner than later.”

 Introducing a FREE Home Buyer Information Booklet exclusively for renters who are tired of making their landlord rich and who want a fail-proof plan for home ownership.

 TOPICS

• Little-known strategies for buying a home with little or no down payment
• How to turn your rent payment into a comfortable mortgage payment
• Tips for finding the “perfect” home for you
• Deadly mistakes most first time buyers make and how to avoid them
• How our Rent-To-Own program can make you a home owner sooner then later

 

Email us a Free Report Request at info@NetworthMortgage.com

 

Feel Free to Meet for a FREE NO OBLIGATION Discussion of Your Mortgage Needs

 

Don’t Miss This Opportunity To Learn How To Get Into A Home Of Your Own

 

FREE ADVICE!

 

FREE REPORT!

 

 

Why Are We Doing This For Renters?:

 

Jim Amitofski is the Mortgage Broker / Owner of Networth Mortgage Centre and he has many years of experience assisting renters to become home owners. Jim Amitofski is an advocate for educating renters on the options available to become home owners. Jim Amitofski has developed an informative package and offers free advice that helps renters to get into a home of their own and build their overall net worth. He has demonstrated to hundreds, how to turn their rent payment into a comfortable mortgage payment and avoid the deadly mistakes most first time home buyers make. Jim Amitofski promises to educate buyers and provide them with the necessary tools to purchase a home in this busy market with ease and confidence.

 Jim Amitofski, BROKER,AMP

NETWORTH MORTGAGE CENTRE-FSCO# 11913

Mortgage Broker/Owner

Accredited Mortgage Professional

“YOUR LOCAL BIG CITY MORTGAGE BROKER”

 

Toronto    : 416-431-6662 ext.1       
Durham: 905-903-0012

Email: jimamitofski@NetworthMortgage.com                    

Website: www.NetworthMortgage.com

Check me out on Facebook: www.Facebook.com/jetmir.jim.amitofski

Follow me on Twitter: www.Twitter.com/jimamitofski 

 “ Dealing with a professional mortgage broker, licensed and registered with the Financial Commission of Ontario makes you aware that you are dealing with a mortgage professional monitored and regulated by the government who has exceeded the education requirements to deal in mortgage financing and working with your best interest in mind”. 

“Why deal with just a mortgage agent when you can deal with the Principle Broker/Owner who has the education, experience, knowledge, and negotiating skills looking out for a great mortgage for all your mortgage financing needs.”

Bank of Canada kept the lending rate the same!!! Good decision!!!

Thisi s what the Bank of Canada Website stated about their decision:

________________________________________________________________________________

Ottawa -

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.

Uncertainty around the global economic outlook has increased in the weeks since the Bank released its October Monetary Policy Report (MPR). Conditions in global financial markets have deteriorated as the sovereign debt crisis in Europe has deepened. Additional measures will be required to contain the European crisis. The recession in Europe is now expected to be more pronounced than the Bank had anticipated in October, as a result of increased deleveraging and tighter financial conditions, as well as necessary fiscal austerity and structural reforms.

Recent economic data suggest that growth in the United States has been slightly more robust than anticipated, largely as a result of continued vigour in consumer spending and business investment. Nonetheless, household deleveraging, fiscal consolidation and negative spillover effects from the European crisis are all expected to weigh on U.S. growth. Growth in China and other emerging-market economies continues to be strong, although there are signs that it is moderating to a more sustainable pace in response to weaker external demand and the lagged effects of past policy tightening.

On balance, recent economic indicators in Canada suggest that growth in the second half of this year is slightly stronger than the Bank projected in October. Household expenditures have more momentum than had been expected and business investment remains solid. Going forward, the weaker external outlook is expected to dampen GDP growth in Canada through financial, confidence and trade channels. The economy also continues to face competitiveness challenges, including the persistent strength of the Canadian dollar.

Although total CPI inflation has been slightly higher than projected, the Bank continues to expect the inflation rate to decline as a result of reduced pressures from food and energy prices and ongoing excess supply in the economy. Core inflation has also been slightly firmer than projected and is expected to ease as the output gap persists well into 2013.

Reflecting all of these factors, the Bank has decided to maintain the target for the overnight rate at 1 per cent. With the target interest rate near historic lows and the financial system functioning well, there is considerable monetary policy stimulus in Canada. The Bank will continue to monitor carefully economic and financial developments in the Canadian and global economies, together with the evolution of risks, and set monetary policy consistent with achieving the 2 per cent inflation target over the medium term.

__________________________________________________________________________________

As you can read there were many internal and external factors for this decision. The end of it is that they made a very good decision. right now is the time to consider looking and viewing your current mortgage and real estate portfolio and if you can take advantage of the situation.

Latest Economic outllok that is good to keep an eye on!

HIGHLIGHTS OF THE WEEK

United States

•    Markets posted a spectacular rally this week.  As of noon Friday, the Dow was poised to rise a cool 831 points (or 7.4%) from last week.

•    Policy makers provided much of the fuel for the rally.  In the developing world, China and Brazil both cut their policy rates in a bid to combat slowing economic growth.

•    This biggest policy maneuver, however, came when leading developed world central banks announced plans to expand and enhance their currency swap lines.

•    Meanwhile, the stream of decent U.S. data continues to trickle in, bucking the global trend of slower growth. 

Canada

•    A decisively positive week for equity markets was driven by several international developments to support Europe’s troubled economies.

•    Q3 growth numbers for the Canadian economy were very positive, though cracks appear to be forming in the recovery. This was highlighted by a 19,000 net job loss in the labour market and was the second consecutive monthly decline.

•    In the coming quarters, TD Economics assumes that the economic growth in Canada will slow to a modest rate. However, uncertainty remaining a key theme as much remains dependent on what response is taken by European leaders to the escalating sovereign debt crisis.

Information is key to get the best package for your mortgage and real estate needs. Right now we still offering a great 5 year fixed for 3.15% and a variable as low as 2.60%.

 

Economic information that will affect the mortgage and real estate situation….good to know!

United States•    This week started on the wrong foot.  On Monday afternoon, two days ahead of its deadline, it became clear that the Joint Select Committee on Deficit Reduction would fail to deliver proposals to reduce the fiscal deficit.

•    If there is no agreement before January of next year, and the payroll tax cuts and emergency unemployment extensions expire, the combined impact over the next two years could detract 1.4 percentage points from overall U.S. GDP

•    On Wednesday a failed 10-year Bund auction in Germany sent euro zone sovereign bond yields up and the euro tumbled vis-à-vis its major peer currencies. On Friday Italy paid a yield of 7.81% at a two-year bond auction – up from 4.62% paid in October at a similar sale.   

Canada•    With few Canadian data releases this week to reflect upon, we take note of the fact that today is Black Friday – the unofficial start to the holiday shopping season.  While the date has been marked with a solid red ‘X’ on U.S. calendars for years, Canadian retailers are increasingly using the occasion to get the season kick-started on this side of the border.

•    While upcoming festivities are increasingly taking over the forefront of consumer’s minds, developments abroad serve as a stark reminder that the economic recovery is still very much fragile in nature.

•    In spite of this uncertainty, all signs point to a decent, but modest, holiday shopping season ahead.  Recent surveys suggest that Canadians are planning to fork over just as much as they did last year.  While intentions are there, growing household debt burdens and wounded consumer confidence serve as headwinds for the retail sector performance during the holidays.

Like everything take this information to use on what you are looking to do in mortgage and real estate matters. We are here to inform and assit get the best options for your mortgage and real estate needs!

Right now a great 5 year fixed special is 3.19%. What a deal if you are looking to re-do your current mortgage or buy a home. Contact me by email at jimamitofski@networthmortgage.com or contact me in Toronto 416-431-6662 or in Durham region 905-903-0012.

 

Local updates to the economy to be aware of!!! We have also expanded!!!!

United States •    U.S. equity markets tumbled this week as pessimism mounted over the ability of policymakers in Europe to rein in the sovereign debt-crisis and over the Supercommittee in the U.S. to deliver on a plan to reduce deficits due by November 23.

•    Despite the dour week on the market, economic data was actually quite good. Retail sales rose by 0.5% in October, beating expectations. Meanwhile, consumer prices fell 0.1% in the month as gasoline prices pulled back.

•    The recent upturn in economic momentum will come to little if policymakers in both Europe and the United States cannot act decisively to restore confidence to financial markets.

 Canada •    Crude oil price topped US$100 per barrel this week, due in large part to geopolitical unrest in the Middle East.

•    Manufacturing sales surprised on the upside, rising by 2.6% in September to the highest level seen in three years.

•    Headline CPI slid to 2.9% in October (previously 3.2%) and core inflation edged down to 2.1% (previously 2.2%).

 Good information to keep an eye on.

Other news: We have grown our office locations. We are headed at 922 Simcoe street in Oshawa but now have expanded to Toronto at 3252 Lawrence Avenue East in Toronto.

Look forward to talking to you for all your mortgage and real estate needs.

Economic news just in…Good to know.

United States

•    Policymakers in Europe met this week to hammer out a three point plan to save the euro zone. The plan includes a 50% voluntary write down of Greek debt, a strategy to recapitalize the European banking system, and a plan to optimize the use of the existing bailout fund (the EFSF) to safeguard the debt of other vulnerable sovereigns.

 •   The plan is a step in the right direction, but its success will depend on a number of factors that are as of yet unknown. Even more than that, it is contingent on the euro zone economy avoiding a significant deterioration in the economic outlook.

•    In the United States, the Obama administration’s plan to reform the Home Affordable Refinancing Program should give some support to the housing market, but it will not solve the problem of the number of households that simply owe too much on their mortgages relative to the value of their homes. 

Canada

•    This week, financial markets focused their attention on the plan put together by European leaders to address Europe’s fiscal crisis, as well as on the Bank of Canada’s interest rate decision and subsequent Monetary Policy Report.

•    The Bank of Canada announced that it would leave interest rates unchanged.  This was widely expected by financial markets.

•    The central bank also released its Monetary Policy Report, in which it downgraded its near-term growth outlook for Canada, bringing it more in line with forecasts by TD Economics and other private sector analysts.

I strongly belive this information is good to keep an eye when balancing what to do in your mortgage and real estate portfolio.

Right now, we at Networth Mortgage Centre, can help you with offering you the best options possible. Our rates start from as low as 2.50% and this is good for purchases, refinances, debt consolidation, and more. Feel free to contact us.

 

Take a look at the information on the North American economy I have found out!!!

United States
• European leaders are meeting in Brussels this weekend to try and come up with a plan to restore market confidence and secure the future of the common currency. But those hoping for a grand bargain are likely to be disappointed.
• The real challenge is deeper than European policy makers have publicly acknowledged: how do you restore confidence in a union of countries that, with few exceptions, are highly indebted and relatively uncompetitive? A successful solution must involve the reform of European institutions themselves, as well as an understanding among member states over the responsibilities they hold to themselves and to each other.
• The U.S. financial system, and the broader economy, will remain at risk as long as doubts linger over Europe’s future. Although the economic recovery has proven stronger than many had feared, the risk is that troubles in Europe throw it off course.

Canada
• Europe’s debt crisis has had a severe impact on Canadian financial markets in recent months.
• In addition to double-digit declines in equity markets and the Loonies, increasing concerns about counter party risk and contagion effects have led to increased interbank funding costs.
• Fortunately, the escalation in financial volatility has not yet led to significant downgrades to the Canadian economic outlook, but a key risk lies in whether or not European leaders can contain the crisis.
• If control is lost, a systemic European banking crisis could spread to Canada and lead to an economic and financial environment similar to that of 2008 during the fall of Lehman Brothers — but unlike 2008, both households and governments are too indebted to spend their way out of a full-scale financial crisis.

So far the information is telling us that the time is now for you to take a look at your financial picture. The biggest item is the mortgage you have or are looking for. We have now a great 5 year fixed for only 3.19%. This is the time to refinance,,,buy a new home,,,get a better rate then you have right now. Feel free to check other information at www.NetworthMortgage.com that will be of great benefit to you.