Separating in Barrie? How One Mom Kept the House for Her Kids After the Bank Said No
This short video is about a mom who was separating and was sure she’d have to move. Here’s what the video covers.
Her starting point
She was a stay-at-home mom, and the banks had already said no. She wanted her kids to stay at the same school, and she assumed that meant finding something to rent or buy nearby.
What we looked at
Instead of starting with the no, we looked at what she actually had coming in: child support, the Canada Child Benefit (CCB) and ODSP. We also looked at the equity in the house. Put together properly, that picture found a way for her to stay in the home.
If you’ve been told you have to sell
If you’re separating in Barrie, Simcoe County or anywhere in Ontario and someone has told you the house has to go, let’s look at the file before you decide. Keeping the house won’t work for everyone, but you deserve a real answer based on your own numbers.
Messages edited and details changed to protect my client’s privacy. Every situation is different.
Bank said no? Let’s find another path.
Related
Related: Mortgage help after separation or divorce in Ontario
Let’s find another path
Bank said no? Let’s find another path. Run your own numbers first with my free Mortgage Toolbox (calculators and a pre-qualification you can do from your phone), then call or text me at 705-881-2780 when you’re ready. No pressure.
General education, not financial advice. Every situation is different and all financing is subject to lender approval.
Lora Fenn · Mortgage Agent Level 1 (#M25003153) · DLC Yellow Brick Mortgages · Brokerage Licence #13854
