Seniors cash-crunch solution? “For someone who doesn’t have other income (aside from CPP and OAS), this is probably the only program (loan) that they qualify for,” says Leah Zlatkin, Toronto-based mortgage broker and expert with Mortgage Outlet. Although reverse mortgages can be a viable solution for aging homeowners, the product faces “negative connotations” that it […]

https://www.msn.com/en-ca/money/other/tips-buyers-should-know-before-finalizing-their-mortgage/ar-AA1Lqjja Mortgages can be very complex once you look beyond the term and interest rate, and borrowers can be surprised by terms and conditions that may have an impact on their financial situation, says Leah Zlatkin, licensed mortgage broker. She offers four areas that buyers should consider before signing up for a mortgage. It’s not […]

https://www.mpamag.com/ca/mortgage-industry/industry-trends/housing-expert-warns-homeowners-about-mortgage-traps/546656 Mortgage expert Leah Zlatkin is warning sellers about potential financial pitfalls. Zlatkin emphasized that focusing solely on market prices without considering mortgage implications can lead to costly surprises. “Homeowners often focus on what their property might fetch in today’s market, but overlook the real financial impact their mortgage can have on the proceeds,” says […]

https://www.mpamag.com/ca/mortgage-industry/industry-trends/canadians-urged-to-look-beyond-interest-rates-when-choosing-a-mortgage/546001 When it comes to choosing a mortgage, there’s more to consider than just the rate – and taking terms and conditions into consideration is something many homebuyers often overlook, according to licensed mortgage broker, Leah Zlatkin. That can lead to costly surprises, Zlatkin said in a new analysis, when the mortgage gets underway. “Mortgages […]