I’m Varun Chaudhry, proud co-owner of Kraft Mortgages Canada Inc, along with my business partner, Gursharan Dhaliwal.
Meet One Of The Faces Behind Kraft Mortgages Canada Inc.
Mortgage Brokers Have More Options than Banks
There’s rarely ever a bad time to purchase a new home. By and large, homes appreciate over time, and even if there’s a slump in the market having a home is no loss as you have a place to live. Once the market picks up again, you can sell. Investing in a home has been such a good bet in Canada that prices have gone up too much in some areas, creating barriers to home-ownership for some Canadians. This had led to the Government of Canada creating a number of different incentives for home buyers. One of the most innovative of these initiatives is the first-time home-buyers incentive, rolling out this September. Canadians meeting the criteria set out in the incentive can apply for a shared equity mortgage; the Government will provide you with 5% or 10% of the cost of the home. Once the home is sold, you’ll have to repay 5% or 10% of the home’s value - depending on which shared equity mortgage you obtained.
Announcing The New Website
We are delighted to announce the launch of our new website!