Homeowner AF: The Canadian First Time Homebuyer Podcast

Book a Call with Brianna:Schedule your consultation here: https://calendar.app.google/X1Tv2yHfUtSCuRvp8Connect with Brianna:Instagram: https://www.instagram.com/briannagoslinmortgages/LinkedIn: https://www.linkedin.com/in/briannagoslinmortgagesWebsite: https://www.briannagoslinmortgages.comJoin Brianna's Email List for Exclusive Updates:Sign up here: https://briannagoslinmortgages.myflodesk.com/emailsignupIn this episode of Homeowner AF, I sit down with Scott McEachern, a Certified Financial Planner based in Barrie, Ontario. Scott specializes in helping families make smart financial decisions, from securing the right life insurance to planning for their biggest financial goals like becoming debt-free, saving for their kids’ education, or buying their first home. Together, we dive into the First Home Savings Account (FHSA) — a game-changing tool for first-time homebuyers in Canada.What You’ll Learn in This Episode:What is the FHSA?Scott breaks down how the FHSA compares to other popular savings options like RRSPs and TFSAs, explaining why it’s a must-know for first-time homebuyers.Eligibility Criteria for the FHSA:We cover who qualifies as a "first-time homebuyer" and the steps to open this account.Where to Open an FHSA:Scott shares tips on where Canadians can access the FHSA — whether it’s through the big five banks or alternative financial institutions.Contribution Limits and Carry-Forward Rules:Learn about the annual and lifetime contribution limits for the FHSA and how unused room can be carried forward.Tax Advantages of the FHSA:Scott explains how FHSA contributions impact your taxable income and how they can be used as tax deductions.Strategies for First-Time Homebuyers:Discover actionable tips to maximize your FHSA and reach your savings goals faster.Risks and Limitations:We discuss potential risks or limitations of investing within the FHSA compared to other accounts.What Happens If You Don’t Buy a Home?Find out how unused FHSA funds can be transferred or repurposed without penalties.Connect with Scott McEachern:Instagram: @scmceachernWebsite: https://www.mceachernfinancial.ca/

Brianna is back with timely information for Canadian First Time Homebuyers:Coming into effect December 14, 2024, first-time buyers in Canada will have access to 30-year amortizations on insured mortgages.Also released were details about the insured mortgage cap which is now $1.5 MM compared to the previous $1MM maximum purchase price. Listen in to find out what these new regulations mean for you as a borrower and what to keep in mind if you are hoping to take advantage of these new opportunities in the market.Questions?Book a Call with Brianna:Schedule your consultation here: https://calendar.app.google/X1Tv2yHfUtSCuRvp8Connect with Brianna:Instagram: https://www.instagram.com/briannagoslinmortgages/LinkedIn: https://www.linkedin.com/in/briannagoslinmortgagesWebsite: https://www.briannagoslinmortgages.comJoin Brianna's Email List for Exclusive Updates:Sign up here: https://briannagoslinmortgages.myflodesk.com/emailsignup

Are you making the minimum payments on time, on all your debts, but still seeing your credit score decline? You might be using too much credit. In today's episode, Brianna talks about credit utilization. She discusses:Credit utilization: What it isHow it's measuredWhat to do if your credit utilization is too high Resources:More about credit utilization:https://www.equifax.com/personal/education/debt-management/articles/-/learn/credit- utilization-ratio/ Book a Call with Brianna:Schedule your consultation here: https://calendar.app.google/X1Tv2yHfUtSCuRvp8Connect with Brianna:Instagram: https://www.instagram.com/briannagoslinmortgages/LinkedIn: https://www.linkedin.com/in/briannagoslinmortgagesWebsite: https://www.briannagoslinmortgages.comJoin Brianna's Email List for Exclusive Updates:Sign up here: https://briannagoslinmortgages.myflodesk.com/emailsignup

In this week's episode, Brianna and Alex, a fellow mortgage agent, chat about timely topics affecting mortgage holders and homebuyers in the Spring of 2024.Connect with Alex Instagram @Alex_MohrConnect with Brianna:Instagram: @briannagoslinmortgagesEmail: briannagoslin@gopineapple.comIf you enjoyed this episode, please leave a review on your favourite podcast platform. Your feedback helps us reach more listeners like you!

In this episode, discover the benefits of working with a mortgage agent for Canadian first-time homebuyers. Learn why rate shopping without guidance is unwise and explore:Why a mortgage agent is essential for your credit: Understand the pivotal role of a mortgage agent in safeguarding and optimizing your credit score.The value of post-close support: Delve into the importance of access to support post-close and beyond for first-time homebuyers, and how a mortgage agent provides ongoing assistance.Saving time and money: Learn how partnering with a mortgage agent can streamline the homebuying process, ultimately saving you both time and money.Book a Call with Brianna:Schedule your consultation here: https://calendar.app.google/X1Tv2yHfUtSCuRvp8Connect with Brianna:Instagram: https://www.instagram.com/briannagoslinmortgages/LinkedIn: https://www.linkedin.com/in/briannagoslinmortgagesWebsite: https://www.briannagoslinmortgages.comJoin Brianna's Email List for Exclusive Updates:Sign up here: https://briannagoslinmortgages.myflodesk.com/emailsignup

Congratulations! You've saved your downpayment, and you're ready to buy... but how much more cash will you need to close on your first home purchase? Listen in to learn:How to determine your minimum downpayment amountHow to calculate your closing costsHow much cash you need to close your first purchaseResources:Check out this minimum downpayment calculator:https://www.ratehub.ca/mortgage-down-payment Book a Call with Brianna:Schedule your consultation here: https://calendar.app.google/X1Tv2yHfUtSCuRvp8Connect with Brianna:Instagram: https://www.instagram.com/briannagoslinmortgages/LinkedIn: https://www.linkedin.com/in/briannagoslinmortgagesWebsite: https://www.briannagoslinmortgages.comJoin Brianna's Email List for Exclusive Updates:Sign up here: https://briannagoslinmortgages.myflodesk.com/emailsignup

Fixed or variable rate mortgage in 2024? Which one is right for you? In today's episode, Brianna explains:how the fixed interest rate is determinedhow the variable interest rate is determinedpros and cons of each mortgage productPLUSWhich mortgage product first time homebuyers are choosing most often in March 2024.Book a Call with Brianna:Schedule your consultation here: https://calendar.app.google/X1Tv2yHfUtSCuRvp8Connect with Brianna:Instagram: https://www.instagram.com/briannagoslinmortgages/LinkedIn: https://www.linkedin.com/in/briannagoslinmortgagesWebsite: https://www.briannagoslinmortgages.comJoin Brianna's Email List for Exclusive Updates:Sign up here: https://briannagoslinmortgages.myflodesk.com/emailsignup

Did you know that what you qualify for, may not be what you can actually afford? Listen in to learn more.Book a Call with Brianna:Schedule your consultation here: https://calendar.app.google/X1Tv2yHfUtSCuRvp8Connect with Brianna:Instagram: https://www.instagram.com/briannagoslinmortgages/LinkedIn: https://www.linkedin.com/in/briannagoslinmortgagesWebsite: https://www.briannagoslinmortgages.comJoin Brianna's Email List for Exclusive Updates:Sign up here: https://briannagoslinmortgages.myflodesk.com/emailsignup

2023 was a rough year for first-time home buyers, yet most of my clients were first-time buyers! Curious about how they did it?My buyers leveraged:Gifted DownpaymentThe Canadian Homebuyer's Plan and The First Home Savings AccountCosigners and GuarantorsBook a Call with Brianna:Schedule your consultation here: https://calendar.app.google/X1Tv2yHfUtSCuRvp8Connect with Brianna:Instagram: https://www.instagram.com/briannagoslinmortgages/LinkedIn: https://www.linkedin.com/in/briannagoslinmortgagesWebsite: https://www.briannagoslinmortgages.comJoin Brianna's Email List for Exclusive Updates:Sign up here: https://briannagoslinmortgages.myflodesk.com/emailsignup

You've gone house hunting, you've found " The One", you've submitted your offerand finally,OFFER ACCEPTED! But what's next? Listen in to learn:What happens before fulfilling the condition of financingWhat a lender is looking at during the condition of financingWhy you may still need to submit documents to your mortgage professional at this timeHow much you should save for closing costsHow Brianna works with First Time HomebuyersBook a Call with Brianna:Schedule your consultation here: https://calendar.app.google/X1Tv2yHfUtSCuRvp8Connect with Brianna:Instagram: https://www.instagram.com/briannagoslinmortgages/LinkedIn: https://www.linkedin.com/in/briannagoslinmortgagesWebsite: https://www.briannagoslinmortgages.comJoin Brianna's Email List for Exclusive Updates:Sign up here: https://briannagoslinmortgages.myflodesk.com/emailsignup

In this timely episode, Brianna talks about the role of proper pre-approval in the first homebuying process as it pertains to the Spring 2023 market. Listen in to learn:What's going on in the Real Estate Market right nowThe offer processHow to prepare for a multiple-offer situationHow Brianna works with First Time Homebuyers, (AND gives them a competitive edge in multiple offer situations)Book a Call with Brianna:Schedule your consultation here: https://calendar.app.google/X1Tv2yHfUtSCuRvp8Connect with Brianna:Instagram: https://www.instagram.com/briannagoslinmortgages/LinkedIn: https://www.linkedin.com/in/briannagoslinmortgagesWebsite: https://www.briannagoslinmortgages.comJoin Brianna's Email List for Exclusive Updates:Sign up here: https://briannagoslinmortgages.myflodesk.com/emailsignup

Emily Cerilli aka @sudburyrealtor.emily, visits the pod to chat:The Sudbury, Ontario market and the opportunities that exist in the Northern communityHOUSE HACKING: What it is, and why you should explore this opportunity to add income to your mortgage application and get into the market quicker. Cochrane’s $10.00 building lot offering First-time homebuyer mindsetconnect with Emily on Instagram @sudburyrealtor.emilyBook a Call with Brianna:Schedule your consultation here: https://calendar.app.google/X1Tv2yHfUtSCuRvp8Connect with Brianna:Instagram: https://www.instagram.com/briannagoslinmortgages/LinkedIn: https://www.linkedin.com/in/briannagoslinmortgagesWebsite: https://www.briannagoslinmortgages.comJoin Brianna's Email List for Exclusive Updates:Sign up here: https://briannagoslinmortgages.myflodesk.com/emailsignup

Lesli Gaynor and Parimal Gosai, realtors and creators of the Husmates app, drop in to chat:the benefits of co-ownership and the diverse opportunities that open up with this model of homebuyinghow it works and where to startWhat’s next for Husmates and what we need now in Canada to promote more affordable housingCheck out Husmates:https://www.husmates.com/ Connect with Parimal @parimalgosai on InstagramConnect with Lesli @gaynorlesli on InstagramConnect with Brianna @briannagoslinmortgages on Instagramhttps://www.instagram.com/briannagoslinmortgages/

Suzy Fernandes-Arruda, BDM at Home Equity Bank (Home of the CHIP Reverse Mortgage), chats with Brianna about reverse mortgages, myths and false impressions, and how to accelerate your home ownership journey with a little help.Learn more about CHIP Reverse Mortgage here:https://www.chip.ca/Check out the Reverse Mortgage Calculator here:https://www.chip.ca/reverse-mortgage-calculators/Connect with Brianna @briannagoslinmortgages on Instagramhttps://www.instagram.com/briannagoslinmortgages/ https://maps.app.goo.gl/bRnx3wjPmw4ybLVz9

Brianna chats with Nicole Montgomery @raddestrealtor about first time buying, and what’s happening RIGHT NOW in the Canadian real estate market.  Listen in for:Nicole’s home ownership storyWhy you should be tracking BOTH data and consumer sentiment while preparing for a first home purchaseWhich numbers actually matter to first-time buyersSetting realistic expectations for a home purchaseEQUITY: What it is, Why it matters, and how you can leverage it in the futureConnect with Nicole @raddestrealtor on Instagramhttps://www.instagram.com/raddestrealtor/Connect with Brianna @briannagoslinmortgages on Instagramhttps://www.instagram.com/briannagoslinmortgages/

Seif El-Sahly drops by Homeowner AF to talk about how his company, Newfore Inc., is helping homeowners leverage their existing properties to: create more housing units in our most populated Ontario cities  generate income for their financial goals (you may be surprised at just how much!)support mutli-generational livingStick around for Seif’s insights and preditictions about the future of building and buying in Canada, how to set yourself up for success as a first time home buyer, and advice on how to be a landlord.(recorded in September 2023). Check out Newfore Construction and Renovations at www.newfore.com Check out the Tiny Homes: Garage Editionhttps://www.youtube.com/watch?v=OYiysnkPA8k Connect with Brianna @briannagoslinmortgages on Instagramhttps://maps.app.goo.gl/bRnx3wjPmw4ybLVz9

Muskoka realtor with Coldwell Banker, Kari Clark, stops by the pod to explain the new TRESA regulationshow they will affect Ontario homebuyers Kari’s advice for first-time homebuyers looking forward to 2024Connect with Kari on Instagram@kariclarkhomesConnect with Brianna on Instagram@briannagoslinmortgageshttps://maps.app.goo.gl/bRnx3wjPmw4ybLVz9 Visit Brianna on the web and join her mailing list:www.briannagoslin.com

Today, in the fourth and final episode of The Homebuying Series, Alma Aquino and Emerson Munsayac from the Pineapple family chat with Brianna about:Why you need insurance: point blank, period.When you should get life insuranceWhat options are available to youWords of wisdom for first-time buyers in 2023 and beyondWant to learn more about Pineapple?Check out @pineapplemortgage and @empoweredbypineapple on InstagramConnect with Brianna @briannagoslinmortgageshttps://maps.app.goo.gl/bRnx3wjPmw4ybLVz9

Lawyer and owner of Douglas Law Firm, Melissa Douglas, drops by the pod to chat about:what to expect at the lawyer’s office for your first purchaseWho qualifies as a "First Time Homebuyer"how to protect yourself when purchasing with a partnerthings to keep in mind when purchasing after divorceMelissa's entrepreneurship journey and her words of encouragement for First Time HomebuyersFind Melissa @douglas.lawfirm on InstagramFind Brianna @briannagoslinmortgages on Instagramhttps://maps.app.goo.gl/bRnx3wjPmw4ybLVz9

This week, Brianna welcomes Corey, a local Muskoka RealtorThey chat about:What to expect when house huntingWhere to startRural living and Muskoka real estateTips when buying in a new municipalityCheck Corey out on Instagram @boughtwithbrownDM Brianna @briannagoslinmortgages on InstagramGet your money tracker at briannagoslin.comhttps://maps.app.goo.gl/bRnx3wjPmw4ybLVz9