Canadian Real Estate Channel
Canadian Real Estate Channel
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Understanding Canadian Mortgage Terms
Ever felt lost when your mortgage broker starts throwing around terms like CMB, COI, LOI, prime rate and overnight lending rate? Fear not!
In today's video, top Canadian mortgage experts Josh Findlay & Ehren Laycock from @thefindlayteam are back on the channel they unravel the mysteries of Canadian Mortgage terms!
Did you enjoy and get value from this video? Let us know your thoughts and if you got any value from this discussion in the comment section below!
Want to thrive & succeed in the 2024 Canadian Real Estate Market?
Check out these other videos with Josh & Ehren:
Top Locations To Purchase Investment Properties in 2024 - ua-cam.com/video/1xbTmZXfzis/v-deo.html
The Ultimate Guide To Buying Real Estate in 2024 in Canada - ua-cam.com/video/angOufMy7Ak/v-deo.html
The End Of Multifamily BRRRRs in Canada? | Major CMHC Repositioning Changes Imminent - ua-cam.com/video/LhvEzgW8j-E/v-deo.html
How To Ensure Your CMHC Application Gets Approved - ua-cam.com/video/OOzZO74Bpr4/v-deo.html
Follow the Findlay Mortgage Team on UA-cam:
ua-cam.com/channels/HyUMXqdg7zMJgjmFJpUfqg.html
Broker Lic# 12360
For more information check out Josh & Ehren's Website:
www.findlaymortgage.com/
Did you enjoy and get value from this video?
Do you have any questions for Josh & Ehren on this topic? Are you enjoying the Finance Friday weekly video series?!?
Let us know in the comment section down below and don't forget to SMASH the like button!
More Finance Friday Videos with The Findlay Mortgage Team:
ua-cam.com/play/PLVKh4BMVJHMNo1Wrfpz4hF6D81qBJuBX5.html
Follow & Connect with Findlay Mortgage Team on Social Media:
Josh - 519-729-9212
Ehren - 226-980-5048
Facebook - FindlayMortgages/
Instagram - fmtmortgages
UA-cam - ua-cam.com/channels/HyUMXqdg7zMJgjmFJpUfqg.html
Josh Findlay on Instagram - jfins
Ehren Laycock on Instagram - laycock22
Follow The Canadian Real Estate Channel on Social Media:
Instagram - canada_rei
Facebook - canadianrealestatechannel
0:00 - Introduction
0:40 - Understanding Canadian Mortgage Terms
1:05 - CMB | Canadian Mortgage Bond
2:17 - Overnight Lending Rate
3:29 - Prime Rate
5:13 - Variable Rate Mortgage
6:40 - Fixed Rate Mortgage
7:33 - COI | Certificate of Insurance
8:47 - LOI | Letter Of Intent
10:00 - Wrap up
------------
#CanadianRealEstate #MortgageTerms #realestatefinancing
Переглядів: 340

Відео

Government Grants That Will Save You Thousands!!! | Niagara Region Market Update
Переглядів 626День тому
Did you know about these government grants & programs that can save you thousands as a real estate investor!?! In today's video, Adam Martin sits down with Kayla Smith, our local realtor investor expert from the Niagara Region, where she gives a breakdown of what's going on in the real estate market, updates to South Thorold and she also dives into some of the top government grants & programs t...
3 Rules You MUST KNOW Before Investing in Real Estate
Переглядів 854День тому
So you're thinking about investing investing in real estate, well you came to the right place! In today's video Adam JD Martin shares 3 rules you must know about investing in real estate! What are your thoughts here? Did you know about these 3 rules for investing in real estate? Let us know in the comment section below! Follow & Connect with Adam Martin: Instagram - adamjdmartin ...
Barrie Allows 4 Units per 1 Residential Lot + Major Zoning Bylaw Changes Coming!!!
Переглядів 1 тис.14 днів тому
Barrie is now allowing 4 units on 1 residential lot along with a host of other major by-law changes!!! Are you looking to invest in Barrie, Orillia, or Innisfil Ontario? In today's video, Adam JD Martin sits down with our local Simcoe County Ontario (Barrie, Orillia, Innisfil, Wasaga Beach) Realtor/Investor Expert Colby Marshall where they break down the Real Estate market statistics from the r...
Unpacking Canada’s Housing Plan: Opportunities and Challenges for Investors and Homebuyers
Переглядів 1,2 тис.14 днів тому
Canada's Housing Plan is here! For the last 8 years the federal government has been talking about implementing new processes to increase the amount of new housing and affordable rental units and the day is here! In today's video, top Canadian mortgage experts Josh Findlay & Ehren Laycock from @thefindlayteam are back on the channel where they unpack Canada's Housing Plan and share their perspec...
Housing Prices Surge Drastically Across Ontario Real Estate Market
Переглядів 1,5 тис.21 день тому
Why are housing prices across Ontario surging drastically? Welcome to the NEW Ontario Market Update formatting for the Canadian Real Estate Channel to keep you informed and up-to-date on the top regions you should be investing in, in Canada and how those markets are changing month over month. As you will see in this video, we have realtor investor experts on the channel from the Kitchener/Water...
Cutting Red Tape To Build More Homes Act 2024 Breakdown & It's Affects on the Durham Region
Переглядів 49628 днів тому
Have you heard of the newly proposed Cutting Red Tape To Build More Homes Act 2024 and how it will affect the real estate market in the Durham Region? In today's video, Adam Martin sits down with Saman Habibi, our local realtor investor expert from the Durham Region, where he provides an indepth breakdown into what's going on with the market stats for the region, why Durham is a great place for...
Build A Duplex in Your Backyard! | 4 Units on 1 Lot in Kitchener, Ontario
Переглядів 934Місяць тому
4 units for 1 residential lot has come to Kitchener, Ontario! Yes, you can now technically BUILD A DUPLEX IN YOUR BACKYARD for half the price of buying a duplex in the city of Kitchener! In today's video, our host Adam JD Martin back sits down with our Kitchener & Waterloo Region Realtor Investor Expert, Zack Brittain of Phipps Brittain Real Estate where they cover everything going on in the re...
Top Mortgage Products for Self Employed Business Owners
Переглядів 588Місяць тому
Are you a business for self owner and you feel like you have to keep jumping through hoops to get your financing?!? In today's video, top Canadian mortgage experts Josh Findlay & Ehren Laycock from @thefindlayteam are back on the channel for another Finance Friday video to discuss EVERYTHING Business for Self! From conventional financing, A financing, B financing, commercial financing & how to ...
Rental Rates Increase 5% in Last 30 Days | Hamilton, Ontario Housing Market Update
Переглядів 552Місяць тому
Rental Rates Increase 5% in Last 30 Days | Hamilton, Ontario Housing Market Update
Becoming Financially Free with Real Estate | How To Get Started
Переглядів 1,1 тис.Місяць тому
Becoming Financially Free with Real Estate | How To Get Started
Can't Qualify For CMHC Construction Financing? | WATCH THIS!
Переглядів 837Місяць тому
Can't Qualify For CMHC Construction Financing? | WATCH THIS!
Canadian Government Invests MILLIONS into the Niagara Region
Переглядів 599Місяць тому
Canadian Government Invests MILLIONS into the Niagara Region
Severe Lack of Housing Increases Investor Competition in Waterloo Real Estate Market
Переглядів 753Місяць тому
Severe Lack of Housing Increases Investor Competition in Waterloo Real Estate Market
You Won't Believe What's Going on with Ontario Real Estate!
Переглядів 1,1 тис.Місяць тому
You Won't Believe What's Going on with Ontario Real Estate!
5 Units Per Lot in the Greater Toronto Area is Here!
Переглядів 6902 місяці тому
5 Units Per Lot in the Greater Toronto Area is Here!
Bidding Wars Return to Durham Region | 45 Offers on One Property as New Listings Increase 47%
Переглядів 5892 місяці тому
Bidding Wars Return to Durham Region | 45 Offers on One Property as New Listings Increase 47%
Massive Price Drops as Buyers & Investors Flood The Niagara Real Estate Market
Переглядів 1,3 тис.2 місяці тому
Massive Price Drops as Buyers & Investors Flood The Niagara Real Estate Market
3 Strategies Your Realtor Isn't Using....
Переглядів 4702 місяці тому
3 Strategies Your Realtor Isn't Using....
Large Commercial to Residential Conversions are Taking Over Hamilton, Ontario
Переглядів 4572 місяці тому
Large Commercial to Residential Conversions are Taking Over Hamilton, Ontario
Exposing the Real Numbers Behind the Ontario Real Estate Market
Переглядів 5202 місяці тому
Exposing the Real Numbers Behind the Ontario Real Estate Market
Number of New Listings TRIPLE in Windsor Real Estate Market
Переглядів 8512 місяці тому
Number of New Listings TRIPLE in Windsor Real Estate Market
How To Analyze & Underwrite Multifamily Properties in 2024
Переглядів 9752 місяці тому
How To Analyze & Underwrite Multifamily Properties in 2024
Don't Sell Your Property in Waterloo Region (until you watch this video)
Переглядів 4972 місяці тому
Don't Sell Your Property in Waterloo Region (until you watch this video)
Is Real Estate Overpriced? | Valuing Canadian Markets
Переглядів 2,2 тис.2 місяці тому
Is Real Estate Overpriced? | Valuing Canadian Markets
How To Hack New Municipal Bylaws Using CMHC Financing
Переглядів 1,2 тис.3 місяці тому
How To Hack New Municipal Bylaws Using CMHC Financing
Maximize Rents in 2024 With This Renovation Strategy | Top Niagara Region Multifamily Deals
Переглядів 8623 місяці тому
Maximize Rents in 2024 With This Renovation Strategy | Top Niagara Region Multifamily Deals
Don't Buy A House in Canada in 2024 (To Live In) Here's Why....
Переглядів 3,6 тис.3 місяці тому
Don't Buy A House in Canada in 2024 (To Live In) Here's Why....
12 Unit Apartment Building & Cash Flowing Businesses for Sale in Hamilton, Ontario
Переглядів 8963 місяці тому
12 Unit Apartment Building & Cash Flowing Businesses for Sale in Hamilton, Ontario
Major Zoning By-Law Changes in Barrie, Ontario Real Estate Market | NL1, NL2, NL3 Zoning Explained
Переглядів 9183 місяці тому
Major Zoning By-Law Changes in Barrie, Ontario Real Estate Market | NL1, NL2, NL3 Zoning Explained

КОМЕНТАРІ

  • @RyanBoutin
    @RyanBoutin 10 годин тому

    Placenta?? Dude, there's got to be a better word to describe a smell. lol

  • @TheAcemaster25
    @TheAcemaster25 20 годин тому

    "Wonderful Winnipeg?" LOL

  • @eldo-qb2yh
    @eldo-qb2yh 5 днів тому

    Thanks for the update.I really appreciate the dedication in each video you post.The first step to successful investing is determining your goals and risk tolerance, To be successful in markets, traders should understand the crossover between asset classes & liquidity flow.. You have changed my entire life and I continue to preach your name. Now I can say that thanks to Ms. Eunice Berthold I am improving my understanding of this whole world and making new big profits every week.

    • @GraceIke-fj9by
      @GraceIke-fj9by 5 днів тому

      She deserves more awards and I was looking through the comments and saw this. I tried it and never regretted it. She is the best.

    • @SarahMills-vq8jy
      @SarahMills-vq8jy 5 днів тому

      I am impressed by the way expert Eunice Berthold conducts business and makes statements. And I really like her quick answer

    • @PraiseBaily
      @PraiseBaily 5 днів тому

      She is regarded as a genius in her area and works for Empower Financial Services.She is well knowledgeable about financial markets.

    • @BethrandPaul
      @BethrandPaul 5 днів тому

      Two other of my colleagues and I tried it immediately, we testified. MRS Eunice Berthold is doing wonders.

    • @claud55575
      @claud55575 5 днів тому

      How can I participate in this? Like how do I contact this adviser please?

  • @burrinch5142
    @burrinch5142 6 днів тому

    Building wealth involves good habits and risks like putting money into solid investments like digital currencies,having a good financial manager is what people tend to shy away from,and it keeps hunting them in the near future after many losses, be disciplined and get certified advisor pray that anyone reading this will be successful!!!

    • @jamewilliams7660
      @jamewilliams7660 6 днів тому

      Thank so much for the advice been seeking means of being successful in the digital market,do you recommend any professional ?

    • @burrinch5142
      @burrinch5142 6 днів тому

      I don’t really do but luckily Anna Dorris Arthur is the best I can recommend so far..😊

    • @jamewilliams7660
      @jamewilliams7660 6 днів тому

      Hey everyone! 👋 Just starting my investment journey in crypto and stocks. 🚀 how do I reach Anna Dorris Arthur? Let’s grow together.

    • @burrinch5142
      @burrinch5142 6 днів тому

      +1838

    • @burrinch5142
      @burrinch5142 6 днів тому

      205

  • @bengottbg
    @bengottbg 6 днів тому

    🔥🔥🔥

  • @businesstryouts1061
    @businesstryouts1061 9 днів тому

    Is this information from this video still relevant today?

    • @CanadianRealEstateChannel
      @CanadianRealEstateChannel 6 днів тому

      Sure. Just adjust numbers for recent relevant sales, and what ever rates you need to be successful.

  • @dirtlump
    @dirtlump 10 днів тому

    What a difference 3 months since you made this video can make huh fella's ? GTA/GVA Multi-familiy construction insolvency proceedings are skyrocketing ..... the contagion to residential just beginning.... look out below !

  • @LEX-rh8jr
    @LEX-rh8jr 10 днів тому

    Lot of useful information for landlords. 👍 Thanks! 🍁 🇨🇦

  • @prompthook1116
    @prompthook1116 10 днів тому

    LTB broken nowhere in the RTA says i'll be 10000 in debt because and still have to sell with damaged property. Adjudicators think every landlord has thousands of dollars to recover?

  • @bengottbg
    @bengottbg 11 днів тому

    Wth. So many bots

  • @bengottbg
    @bengottbg 11 днів тому

    🔥🔥🔥

  • @clintcarter
    @clintcarter 11 днів тому

    You guys = 🤘🔥

  • @seventwenty89
    @seventwenty89 12 днів тому

    My team consists of 4 individuals, I would love you connect with you and your team for future deals

  • @bengottbg
    @bengottbg 13 днів тому

    Golden rules on a Saturday!

  • @hashimsalim2665
    @hashimsalim2665 13 днів тому

    😄

  • @harissheikh5161
    @harissheikh5161 13 днів тому

    Pls vlog on CHMC seed funding for affordable housing

  • @andrewabbruzzese3867
    @andrewabbruzzese3867 14 днів тому

    Hey, sorry I can’t find the link for the event on May 25, can attach in comments for me please

    • @CanadianRealEstateChannel
      @CanadianRealEstateChannel 13 днів тому

      Link is in the description box! We will try to post it here but links may not show up in comments for spam purposes but we will link it under this one 👇

    • @CanadianRealEstateChannel
      @CanadianRealEstateChannel 13 днів тому

      @CanadianRealEstateChannel www.eventbrite.ca/e/2024-investor-field-training-and-bus-tour-tickets-880792422847?aff=oddtdtcreator

  • @Abhi_AccountantMontreal
    @Abhi_AccountantMontreal 14 днів тому

    Video is good but it would be awesome if there would be no noise coming from background.

    • @CanadianRealEstateChannel
      @CanadianRealEstateChannel 10 днів тому

      Sorry for that. We don’t always nail the presentation, glad you enjoyed the content.

  • @vishalanand8419
    @vishalanand8419 16 днів тому

    Excellent podcast

  • @vishalanand8419
    @vishalanand8419 16 днів тому

    Excellent podcast

  • @unclepierreforpm5733
    @unclepierreforpm5733 16 днів тому

    In Hamilton you are responsible to your lot line the city is responsible after that. I upgraded a waterline in one of my properties to 1 inch last year for $3,300. That being said anything above 1 inch is solely the homeowners responsibility.

  • @1800options
    @1800options 16 днів тому

    What cap rate does CMHC use to determine the value of the property ? Is there a rule of thumb for it ?

    • @CanadianRealEstateChannel
      @CanadianRealEstateChannel 16 днів тому

      Please reach out to Josh directly with any questions you have :). He will be happy to help. I don’t want you give you any incorrect information here.

  • @HungarianExperiment
    @HungarianExperiment 17 днів тому

    👋

  • @BP-ke5qs
    @BP-ke5qs 17 днів тому

    This dude says when the world is on fire, great depression, just go get another job bro. 🤡

  • @FLOODOFSINS
    @FLOODOFSINS 17 днів тому

    You only make yourself look bad in the industry when you tell viewers that you actively lie and say that you spent $100,000 when you only spent $75. It's totally deceitful, totally wrong and very un-christian.

  • @DPe-yg4fc
    @DPe-yg4fc 18 днів тому

    They just want to be nosy and take your money period!!

  • @DPe-yg4fc
    @DPe-yg4fc 18 днів тому

    I mean hypothetically if you want to push the issue it's illegal for them to make you ask permission to do something thats 100% yours!! Murdock v. Penn., 319 US 105; "No state shall convert a liberty into a privilege, license it, and attach a fee to it." Shuttlesworth v. Birmingham, 373 US 262; "If the state converts a liberty into a privilege, the citizen can engage in the right with impunity."

  • @Darnelletienne
    @Darnelletienne 18 днів тому

    Do you share that spreadsheet?

    • @CanadianRealEstateChannel
      @CanadianRealEstateChannel 16 днів тому

      You can find it at adamjdmartin.com/learn and it’s a downloadable link that you can copy the sheet and make it your own. Cheers

  • @jeffdonnelly7428
    @jeffdonnelly7428 18 днів тому

    Any landlord that voted for Trudeau can’t complain, this is your fault. Vote smarter next time. Don’t blame an animal for doing what animals do, just stop voting for them.. 🤷🏼‍♂️ To the rest, this is a massive invasion of your basic rights. This is just more of Trudeau attacking the middle class. Goodbye capitalism, hello serfdom. Am not a landlord, I’m a tenant who would like to work my way to becoming a landlord one day. A very responsible goal.. or at least it was last year.

    • @CanadianRealEstateChannel
      @CanadianRealEstateChannel 16 днів тому

      Probably very few Trudeau supporters following this page at this point haha. Welcome.

  • @TheSummerbeatz
    @TheSummerbeatz 19 днів тому

    Great job guys 🚀

  • @silva2639
    @silva2639 19 днів тому

    Worst spring market in the last 20 years, this video will not age well.

  • @nickpettinger8367
    @nickpettinger8367 20 днів тому

    Is there a downpayment minimum on multifamily? I read somewhere 20% but I can't confirm

    • @CanadianRealEstateChannel
      @CanadianRealEstateChannel 10 днів тому

      Really depends on your lender and type of financing. Commercial properties can be 30-40% down, and the definition of commercial changes by lender. Some lenders will allow 20% down on up to 6 units. Private mortgages and alternative lenders could have all sorts of mortgage terms. Best to reach out to an investor focused mortgage agent and get feedback for your specific situation. Cheers, @adamjdmartin

  • @PeterKloczko
    @PeterKloczko 20 днів тому

    Josh & Ehren always dropping massive value! 👏👏👏

  • @sabaafarooq1931
    @sabaafarooq1931 20 днів тому

    Would you recommend buying a primary property where you can rent out a portion to earn cash flow ?

    • @CanadianRealEstateChannel
      @CanadianRealEstateChannel 20 днів тому

      100%. We have several videos on "House Hacking", where you live in a portion of the building and rent out another portion. It's literally the best step anyone could take on the path to financial independence. It should cut out like 40-60% of typical cost of living if you're able to get rid of your cost of shelter. Cheers, @adamjdmartin.

  • @ryanking4942
    @ryanking4942 21 день тому

    Old video, and I would love to see an update. One way to get this more popular would allow for in person voting using the blockchain system.

    • @CanadianRealEstateChannel
      @CanadianRealEstateChannel 20 днів тому

      Check out Matt's instagram page @mattmckeeverunfiltered for more content like this.

  • @annadee2590
    @annadee2590 22 дні тому

    Where do you find out about current rebates? Thanks!

    • @CanadianRealEstateChannel
      @CanadianRealEstateChannel 20 днів тому

      Great question. I would ask your power team first for anything (local realtor, mortgage agent, real estate lawyer, CPA, contractors, etc).

  • @unclepierreforpm5733
    @unclepierreforpm5733 22 дні тому

    Are there developmental charges associated with the fourth unit?

  • @gowtham5168
    @gowtham5168 22 дні тому

    but how can illicit money can be used to buy a house . wont there be a question for the source of the funds?

    • @CanadianRealEstateChannel
      @CanadianRealEstateChannel 20 днів тому

      Yes, with all transactions handled by Realtors, we have to use Fintrac. Now, with a private sale, there is a lot less scrutiny.

  • @ZipKickGo
    @ZipKickGo 24 дні тому

    TL;DR the price is too damn high

    • @CanadianRealEstateChannel
      @CanadianRealEstateChannel 20 днів тому

      Actually, I thought we found a few that were reasonable from a cashflow perspective. The sweet spot for me is like $150-180k a unit. Cheers.

  • @087RR
    @087RR 24 дні тому

    LOVE YOUR CONTENT AND I APPRECIATE YOUR TRANSPARENCY IN BREAKING DOWN THE NUMBERS-YOU’RE SUCH A GOOD TEACHER. I AM LEARNING SO MUCH FROM YOU. YOUR CHANNEL IS MASSIVELY UNDERRATED 🫡🙏🏻

  • @matta7215
    @matta7215 24 дні тому

    Haha. All people who benefit from buying a house telling you it’s a good time to buy a house. Of course prices are up - it’s spring. The question is how far they will fall after. We all know this.

    • @CanadianRealEstateChannel
      @CanadianRealEstateChannel 20 днів тому

      I mean, the channel is geared towards investors, so yes, we anticipate seasonality. We also know that the past is a good indicator of the future (forecasting), and can use that to gain insight into where the price may go given all the other factors that contribute to market rates. Cheers.

  • @maverickconstruction4328
    @maverickconstruction4328 26 днів тому

    Kawartha lakes?

    • @CanadianRealEstateChannel
      @CanadianRealEstateChannel 25 днів тому

      Ouu that would be a great market to look at. Do you happen to have anyone in mind that would be a good fit for the channel or that you'd like to hear from?

  • @KevinAmorim13
    @KevinAmorim13 26 днів тому

    Let's get London ON on the show

    • @CanadianRealEstateChannel
      @CanadianRealEstateChannel 25 днів тому

      We really need to. Should I just do the London update or get someone much smarter and better looking?

    • @MisterPapaShango
      @MisterPapaShango 25 днів тому

      @@CanadianRealEstateChannel just trim that beard a little and we can work with you

  • @bengottbg
    @bengottbg 26 днів тому

    🔥🔥🔥

  • @DOA13
    @DOA13 26 днів тому

    Peel region ?

    • @CanadianRealEstateChannel
      @CanadianRealEstateChannel 25 днів тому

      Peel would be great to hear from. Do you happen to have anyone in mind that we should talk to or that you'd like to see on the channel?

  • @HungarianExperiment
    @HungarianExperiment 26 днів тому

    ✌️✌️✌️

  • @amandamcgee1984
    @amandamcgee1984 27 днів тому

    What other cities are allowing 4 units per one residential lot?

  • @Billy97ify
    @Billy97ify 28 днів тому

    Negative cash flow? Gotta love it!

  • @krubel682
    @krubel682 29 днів тому

    Informative fellas.I usually have a respect for Saman but i see that he has Messi as a G.O.A.T.We here team Ronaldo 😂

  • @jimimaze
    @jimimaze 29 днів тому

    Enjoyed