Hey, I'm so glad you're here!

YOU WANT TO TRULY LIVE,

AND I WANT TO HELP GUIDE YOU

IN HOW WE CAN ACHIEVE THAT GOAL.

You deserve to work with someone who really understands you. Someone who listens. Someone who truly cares about you and your family. You are not a number.


You want one-stop-shop to save you time, energy and the hassle of telling your story over and over.


You need a Go-To, who knows your story and knows just what to do…

The advice received here, is always Free.

Hey, I'm so glad you're here!

YOU WANT TO TRULY LIVE,

AND I WANT TO HELP GUIDE YOU

IN HOW WE CAN ACHIEVE THAT GOAL.

You deserve to work with someone who really understands you. Someone who listens. Someone who truly cares about you and your family. You are not a number.


You want one-stop-shop to save you time, energy and the hassle of telling your story over and over.


You need a Go-To, who knows your story and knows just what to do…

The advice received here, is always Free.

&

HERE'S HOW WE WORK TOGETHER

TOGETHER, WE CAN OPEN THE DOOR TO YOUR GOALS AND DREAMS.

I CAN HELP YOU LIVE BETTER.

LET'S CONNECT
Your journey is just that – it’s your journey.
Which means it will (and should) look unique for you.


The Goal is always:

Help alleviate any financial stresses

Set you up for success

Help you find clarity

Teach you tools so you become a savvy borrower


Have Questions?

LET'S CONNECT

Reviews

WHAT PEOPLE ARE SAYING

☆☆☆☆☆

  • Tori you have been such a pleasure to work with and I feel so lucky we have gotten to build our relationship over the years. You’ve always been one of my biggest supporters in business and in finding my way to purchasing a home. You’ve really gone above and beyond and I feel truly blessed to have you in my life and on this journey.  As a first-time homebuyer, you’ve helped make it as stress-free as possible by explaining the processes with me. I thank you from the bottom of my heart!”


    Sarah B

  • Right off the bat, I felt Tori gave me the time and compassion to hear my story. I was embarrassed, nervous and scared of judgement having to explain our current situation and Tori was supportive, non-judgemental and helped us to find the absolute best scenarios to benefit us. She fought for us over and over again until she was satisfied. There are no words for how grateful I am with the entire process. Tori made it so effortless, but even better she became our friend through the process and I think that’s so important when you’re trusting someone with a very large investment!


    Sydney M

    Button
  • Home buying is a stressful and intimidating experience, especially as a first time home buyer. Tori is approachable and easy going, which made us comfortable asking all our questions. It was great to be able to send her a text when we were feeling stressed or confused, and she always responded quickly. We felt supported and safe working with Tori, and knew that she always had our best interest in mind. The most value in our experience was that Tori is never further than a call, text or email away. We will definitely be working with Tori again!


    Jennifer & Joe L

    Button
  • From the beginning, Tori has treated us like family. She was continuously there for us and helped us through the whole process of buying a home. Even when we had questions and concerns regarding uncertainties, she listened intently, told us her professional opinion, and above all, reminded us that it was our decision and she would be there no matter what we decided. If you have the privilege of meeting Tori and are thinking of working with her, you are in great hands.


    Erin M

    Button

JOIN MY EMAIL LIST TO RECEIVE TIPS, TOOLS & REAL LIFE INSPO

Download My Mortgage Toolbox


WHAT CAN YOU DO WITH MY APP
  • Calculate your total cost of owning a home
  • Estimate the minimum down payment you need
  • Calculate Land transfer taxes and the available rebates
  • Calculate the maximum loan you can borrow
  • Stress test your mortgage
  • Estimate your Closing costs
  • Compare your options side by side
  • Search for the best mortgage rates
  • Email Summary reports (PDF)
  • Use my app in English, French, Spanish, Hindi and Chinese

Articles To  Keep You Learning

By Tori Dolmans 09 Oct, 2024
If you’re new to managing personal finance and you want to learn about credit, you’ve come to the right place. Establishing new credit is a bit of a catch-22. To build a credit history, you need credit. But it’s hard to get credit without having a credit history. So, where do you start? Well, the first thing you should know is that building credit takes time. It’s not something that happens overnight. If you’re looking to secure mortgage financing, you will want to have a minimum of two trade lines (credit cards, loans, or lines of credit) with a minimum limit of $2500, reporting for at least two years. If you don’t have any credit yet, the best time to get started is right now. However, that may be difficult because, as we've already identified, without a credit history, most lenders won’t feel confident about taking a chance on you. What’s the solution? Consider a secured credit card. With a secured credit card, you make a deposit upfront that matches the amount you want to borrow. A reasonable amount would be $1000 deposited on a single secured credit card. You then use your secured credit card to make household purchases and regular utility payments, paying off the total balance each month. If you default on the money borrowed for whatever reason, the lender will retain the money you put up as collateral. When looking for a secured credit card, be sure to ask whether they report to the two nationwide credit bureaus, Equifax and TransUnion. If the credit card company doesn't report, the credit card account will be useless for your purposes; move on until you find a company that reports to both credit bureaus. Once your secured credit card begins reporting to the credit bureaus, you begin to have a credit score; usually, this takes about three months. Now you can start to seek out a second trade line in the form of an unsecured credit card. Don’t forget to ensure that this card reports to both of the credit reporting agencies. Another option at this point could be a car loan. From here, you simply want to make all your payments on time! But what happens if you’re looking to secure mortgage financing before you have a fully established credit report? Well, if you have someone who would consider co-signing, you can certainly go that route. The mortgage application will depend on their income and credit report, but your name will be on the mortgage. Hopefully, when the mortgage is up for renewal, you’ll have the established credit required to remove them from the mortgage and qualify on your own. Although establishing credit takes a minimum of two years, it really begins with putting together a plan. If you’d like to discuss anything credit or mortgage-related, please get in touch!
By Tori Dolmans 02 Oct, 2024
If you've been a homeowner for many years, it is likely your property value has increased significantly. One advantage of homeownership is the opportunity to build equity. Home equity growth, partnered with the security of living in your own home, is why most Canadians believe homeownership is the best choice for them! While home equity is one of your greatest assets, accessing home equity is often overlooked when putting together a comprehensive financial plan. So if you’re looking for a way to access some of your home equity, you’ve come to the right place! Simply put, home equity is the actual market value of your property minus what you owe. For instance, if your home has a market value of $650k and you owe $150k, you have $500k in home equity. If you want to stay in your home but also access the equity you have built up over the years, there are four options to consider. Conventional Mortgage Refinance Assuming you qualify for the mortgage, most lenders will allow you to borrow up to 80% of your property’s value through a conventional refinance. Let’s say your property is worth $500k and you owe $300k on your existing mortgage. If you were to refinance up to 80%, you would qualify to borrow $400k. After paying out your first mortgage of $300k, you’d end up with $100k (minus any fees to break your mortgage) to spend however you like. Even if you paid off your mortgage years ago and own your property with a clear title (no mortgage), you can secure a new mortgage on your property. Reverse Mortgage A reverse mortgage allows Canadian homeowners 55 or older to turn the equity in their home into tax-free cash. There is no income or credit verification; you maintain ownership of your home, and you aren't required to make any mortgage payments. The full amount of the mortgage will become due when you decide to move or sell. Unlike a conventional mortgage refinance, reverse mortgages won’t allow you to borrow up to 80% of your home equity. Rather, you can access a lesser amount of equity depending on your age. The interest rates on a reverse mortgage can be slightly higher than the best rates currently being offered through standard mortgage financing. However, the difference is not outrageous, and this is an option worth considering as the benefits of freeing up cash without mortgage payments provides you with increased flexibility. Home Equity Line of Credit (HELOC) A Home Equity Line of Credit allows you to set up access to the equity you have in your home but only pay interest if you use it. Qualifying for a HELOC may be challenging as lender criteria can be pretty strict. Unlike a conventional mortgage, a HELOC doesn't usually have an amortization, so you're only required to make the interest payments on the amount you've borrowed. Second Position Mortgage If the cost to break your mortgage is really high, but you need access to cash before your existing mortgage renews, consider a second mortgage. A second mortgage typically has a set amount of time in which you have to repay the loan (term) as well as a fixed interest rate. This rate is usually higher than conventional financing. After you have received the loan proceeds, you can spend the money any way you like, but you will need to make regular payments on the second mortgage until it's paid off. If you’re looking for a way to access the equity in your home to free up some cash, please get in touch. You’ve got options, and we can work together to find the best option for you!
By Tori Dolmans 30 Sep, 2024
Starting November 21, 2024, borrowers switching lenders with uninsured mortgages will no longer face the stress test, thanks to a new policy from OSFI. Previously, uninsured borrowers needed to prove they could afford their mortgage at a higher rate, which created barriers to switching for better terms. This change encourages competition among lenders and aligns the rules with insured mortgages, providing more flexibility and choice for homeowners. The decision responds to concerns raised by the Competition Bureau and reflects shifting risk management trends in the mortgage market. Key Points: Applies to Straight Switches: This policy is for borrowers switching lenders while maintaining their loan amount and amortization schedule. Stress Test Removed: No more proving affordability at higher rates during switches, allowing for easier access to competitive offers. Supports Borrower Flexibility: Homeowners now have more options to find the best mortgage rates at renewal without the stress test obstacle. Why the Change? OSFI initially maintained the stress test to manage risk but has now reversed this stance after evaluating that the original concerns have not significantly materialized. This move is designed to balance fairness for borrowers and enhance competition in the mortgage market. How It Affects You For those with uninsured mortgages approaching renewal, this policy change is a win. You'll now have the opportunity to seek out better mortgage rates without facing a stress test, making it easier to reduce financial strain, especially in a rising interest rate environment. Stay informed and take advantage of these changes by reviewing your mortgage options today!
SHOW MORE
Share by: