{"id":2294,"date":"2020-09-27T21:40:38","date_gmt":"2020-09-27T21:40:38","guid":{"rendered":"https:\/\/kenfinancial.ca\/?page_id=2294"},"modified":"2020-10-03T19:51:26","modified_gmt":"2020-10-03T19:51:26","slug":"financial-planning","status":"publish","type":"page","link":"https:\/\/kenfinancial.ca\/?page_id=2294","title":{"rendered":"Financial"},"content":{"rendered":"<p>[vc_row][vc_column width=&#8221;2\/3&#8243;][vc_column_text]<\/p>\n<div style=\"width: 1920px;\" class=\"wp-video\"><!--[if lt IE 9]><script>document.createElement('video');<\/script><![endif]-->\n<video class=\"wp-video-shortcode\" id=\"video-2294-1\" width=\"1920\" height=\"1080\" preload=\"metadata\" controls=\"controls\"><source type=\"video\/mp4\" src=\"https:\/\/kenfinancial.ca\/wp-content\/uploads\/2020\/10\/financial-freedom-5BGDMTC.mp4?_=1\" \/><a href=\"https:\/\/kenfinancial.ca\/wp-content\/uploads\/2020\/10\/financial-freedom-5BGDMTC.mp4\">https:\/\/kenfinancial.ca\/wp-content\/uploads\/2020\/10\/financial-freedom-5BGDMTC.mp4<\/a><\/video><\/div>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_column_text]<\/p>\n<h2>Financial<\/h2>\n<p>Financial security comes to the forefront of the home, especially today in these trying times. Whether it is a tool for education, a home, or retirement we always put money into these things without question.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/3&#8243;][vc_column_text]<\/p>\n<h2>RESP<\/h2>\n<p>An Education Savings Plan (RESP) is a savings vehicle generally used by parents to save for their children\u2019s post-secondary education. More precisely, it is a contract between an individual (the subscriber) and a person or organization (the promoter). The subscriber makes contributions that accumulate tax-free earnings. In return the promoter agrees to use the accumulated funds to pay or to cause to be paid educational assistance payments to one or more beneficiaries designated by the subscriber. A Registered Education Savings Plan (RESP) is an ESP that has been registered with Canada\u00a0Revenue Agency.[\/vc_column_text][\/vc_column][vc_column width=&#8221;2\/3&#8243;][vc_single_image image=&#8221;2394&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221;][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;2\/3&#8243;][vc_single_image image=&#8221;2395&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221;][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_column_text]<\/p>\n<h2>RRSP<\/h2>\n<p>Retirement savings plan ensure that you have a comfortable retirement while reducing your taxable income. Every amount you save helps you reach your financial objectives, maintain your current standard of living during your retirement, acquiring a financial cushion to meet contingencies, providing good education to your children or simply fulfilling your dream and carrying out your favourite projects.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_single_image image=&#8221;2405&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221;][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n<div class=\"page\" title=\"Page 1\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<h2>Mortgage<\/h2>\n<p>Choosing the right mortgage product is an especially important process whether you are purchasing a first property or any investment properties. The right financial choice is critical to your property&#8217;s security. To make your mortgage experience as simple as possible, my commitment is to help find the right financing to suit your needs.<\/p>\n<p>One of the greatest advantages of using a mortgage agent is having access to a variety of lenders. A bank will only offer you access to their products, while a mortgage broker can offer you more choices through multiple lenders. With this enormous product selection, we help homebuyers and owners get the best mortgage for their needs. As a knowledgeable agent I am here to help you with all your mortgage needs; first time home buyers, mortgage renewals, refinancing opportunities, private mortgage, or investment properties.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/3&#8243;][vc_column_text]<\/p>\n<div class=\"page\" title=\"Page 1\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<h2>Our Services on residential and commercial properties<\/h2>\n<p>1st and 2nd Mortgages Refinancing<br \/>\nHome Equity Line of Credit Switch\/Transfers Renewals<\/p>\n<p>Pre-approvals Private Mortgages<\/p>\n<p>1st and 2nd mortgages<\/p>\n<p>Getting the right mortgage is crucial to the stability of your financial circle, but there is much you need to know before you apply if you want to be successful. The right mortgage strategy will allow you to get approved without delay and minimize costs over the life of your loan. Since we have access to multiple lenders, we apply our knowledge, offering right and best mortgages with available privileges in considering:<\/p>\n<\/div>\n<div class=\"page\" title=\"Page 1\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<p>\u2022 Rates variable and fixed<br \/>\n\u2022 Terms<br \/>\n\u2022 Payment options<br \/>\n\u2022 Prepayment privileges<br \/>\n\u2022 Fees and penalty<br \/>\n\u2022 Qualifying options for self employed<br \/>\n\u2022 Mortgage portability<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;2\/3&#8243;][vc_single_image image=&#8221;2408&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221;][\/vc_column][\/vc_row][vc_row][vc_column][vc_separator color=&#8221;custom&#8221; accent_color=&#8221;#4788eb&#8221;][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/2&#8243;][vc_single_image image=&#8221;2411&#8243; img_size=&#8221;full&#8221;][\/vc_column][vc_column width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<div class=\"page\" title=\"Page 2\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<h2>Refinancing<\/h2>\n<p>Getting a new mortgage to replace the original is called refinancing. Refinancing is done to allow a borrower to obtain a better interest term and rate. The first loan is paid off, allowing the second loan to be created, instead of simply making a new mortgage and throwing out the original mortgage. For borrowers with a perfect credit history, refinancing can be a good way to convert a variable loan rate to a fixed and obtain a lower interest rate. Homeowners can extract equity from the homes. If the equity is extracted to pay for home repairs or major home improvements, the interest expense may be tax deductible.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_separator color=&#8221;custom&#8221; accent_color=&#8221;#4788eb&#8221;][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/2&#8243;][vc_single_image image=&#8221;2407&#8243; img_size=&#8221;full&#8221;][\/vc_column][vc_column width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<div class=\"page\" title=\"Page 2\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<div class=\"page\" title=\"Page 2\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<h2>Home equity line of credit<\/h2>\n<p>A home equity line of credit (HELOC) is a secured form of credit. The lender uses your home as a guarantee that you will pay back the money you borrow. Home equity lines of credit are revolving credit. You can borrow money, pay it back, and borrow it again, up to a maximum credit limit.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_separator color=&#8221;custom&#8221; accent_color=&#8221;#4788eb&#8221;][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/2&#8243;][vc_single_image image=&#8221;2412&#8243; img_size=&#8221;full&#8221;][\/vc_column][vc_column width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<div class=\"page\" title=\"Page 2\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<div class=\"page\" title=\"Page 2\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<h2>Switch\/Transfers<\/h2>\n<p>When you switch from one mortgage deal to another, it is known as re-mortgaging.<br \/>\nThere are a few reasons why you might want to switch your mortgage provider, such as to find a better deal, your current deal is coming to an end or to release equity, or there could be restrictions on your mortgage that you\u2019re trying to move away from.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_separator color=&#8221;custom&#8221; accent_color=&#8221;#4788eb&#8221;][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/2&#8243;][vc_single_image image=&#8221;2409&#8243; img_size=&#8221;full&#8221;][\/vc_column][vc_column width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<div class=\"page\" title=\"Page 2\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<div class=\"page\" title=\"Page 2\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<div class=\"page\" title=\"Page 2\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<h2>Pre-approvals<\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"page\" title=\"Page 3\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<p>The prequalification amount we will be giving you is intended to accelerate the initial phase of your home buying process. Based on the personal information you will provide through our questionnaire; it simply gives you a good idea of how much you can afford when purchasing a property.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_separator color=&#8221;custom&#8221; accent_color=&#8221;#4788eb&#8221;][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/2&#8243;][vc_single_image image=&#8221;2410&#8243; img_size=&#8221;full&#8221;][\/vc_column][vc_column width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<div class=\"page\" title=\"Page 2\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<div class=\"page\" title=\"Page 2\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<div class=\"page\" title=\"Page 2\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<div class=\"page\" title=\"Page 3\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<h2>Private Mortgage<\/h2>\n<p>Private mortgages are short- term, interest-only loans, ranging in length from 1 to 3 years. Interest only loans do not require homeowners to pay the mortgage principal down, and instead only require interest payments each month.<\/p>\n<p>There are many reasons someone would choose private mortgage lending. Borrowers have no or poor credit history, too much debt, be self employed, be retired, or have outstanding student loans.<\/p>\n<p>Also, a private mortgage option is required when purchasing high risk properties or to take off equity as a second mortgage in order to pay off debts.<\/p>\n<p>As a mortgage agent with over 6+years experience, my expertise provides solid professional advice from start to finish.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column width=&#8221;2\/3&#8243;][vc_column_text] [\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_column_text] Financial Financial security comes to the forefront of the home, especially today in these trying times. Whether it is a tool for education, a home, or retirement we always put money into these things without question.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/3&#8243;][vc_column_text] RESP An Education Savings Plan (RESP) is a savings vehicle generally used by parents [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-templates\/template-fullwidth.php","meta":[],"_links":{"self":[{"href":"https:\/\/kenfinancial.ca\/index.php?rest_route=\/wp\/v2\/pages\/2294"}],"collection":[{"href":"https:\/\/kenfinancial.ca\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/kenfinancial.ca\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/kenfinancial.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kenfinancial.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2294"}],"version-history":[{"count":0,"href":"https:\/\/kenfinancial.ca\/index.php?rest_route=\/wp\/v2\/pages\/2294\/revisions"}],"wp:attachment":[{"href":"https:\/\/kenfinancial.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}