Wednesday, October 1, 2025 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
HomeBuyers & Investors: Why your credit score is so important when buying a Home?
When you’re making the plunge to buy a house, there are many important steps involved. One of the most important steps is applying for a mortgage.
When lenders review your mortgage application, they look at factors such as your employment status, your income, and the size of your down payment. Did you know that lenders will also look at your credit? You may not know it, but your credit can impact your chances of qualifying for a mortgage. Good credit can also help you qualify for lower interest rates, which can help you save hundreds on your regular mortgage payments over time.
Let’s take a look at how important your credit score is when getting a mortgage.
What is your credit score?
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Wednesday, May 8, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Introduction
Credit scores while they may seem like they are just a number that companies pull out of a hat, they are more than just a simple number and they can have a huge impact on your financial future. Your credit score impacts things such as the interest rate you are able to get for loans, whether or not you are able to finance things such as a new computer, a new car, or a new phone, how much you might pay for life insurance, and more. In other words, you should know what your credit score is and take this seriously especially if you dream of becoming a homeowner one day.
Credit scores usually range somewhere between 300 at the low end and up to 850 or 920 at the highest. However, a FICO score is the credit score that most financial institutions use and take into consideration when deciding who they can give credit out are between! ...
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Wednesday, November 15, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Toronto is one of the hottest real estate markets in Canada, which is one of the reasons why property prices keep increasing in this region. While the city has all types of properties available, owning a condo in Toronto is a great way to get the most out of the city while also reducing the amount of maintenance you have to do.
The first step is saving up enough for a downpayment for a condo in Toronto. However, the city and the Greater Toronto Area (GTA) has a wide array of condo properties to offer. Because of this, down payment amounts vary tremendously.
In this article, we’ll share the average price of a down payment for a condo and tell you the best times to purchase this type of property in the GTA. We’ll also share three tips to help make your down payments easier and faster.
Average Price for a Down Payment for. ...
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Wednesday, October 4, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
It’s no secret that the Canadian real estate market is growing at a fast pace. But, despite the low-interest rates and increasing supply that has fueled the industry growth over the last few years, current and future homeowners need to think about making a down payment in order to acquire their next properties without any problems.
The real estate market moves at break-beck speeds, so it’s normal to ask yourself “how much down payment do I need for a house?”
In this article, we’ll cover the definition of a down payment and explain how this impacts the type of house you can afford. Additionally, we’ll also give you tips on saving these funds for your dream home.
Understanding Down Payments on Houses
Before going over the average down payment for a house in Canada, it’s crucial to understand the . ...
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