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Home Ownership Success Stories. Everybody loves a good story.

Date post: 12-Jan-2016
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Home Ownership Success Stories
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Page 1: Home Ownership Success Stories. Everybody loves a good story.

Home Ownership Success Stories

Page 2: Home Ownership Success Stories. Everybody loves a good story.
Page 3: Home Ownership Success Stories. Everybody loves a good story.

Everybody loves a good

story

.

Page 4: Home Ownership Success Stories. Everybody loves a good story.
Page 5: Home Ownership Success Stories. Everybody loves a good story.

Here’s a story one of my clients loves to tell over and over…

Page 6: Home Ownership Success Stories. Everybody loves a good story.

…but still, no one believes her.

Page 7: Home Ownership Success Stories. Everybody loves a good story.

“I had almost $200,000 in equity from my townhouse to use for a down payment, but…”

Page 8: Home Ownership Success Stories. Everybody loves a good story.

“…I wanted a real HOUSE.”

Page 9: Home Ownership Success Stories. Everybody loves a good story.

“The problem was…”

Page 10: Home Ownership Success Stories. Everybody loves a good story.

“I only make $52,000 per year.”

Page 11: Home Ownership Success Stories. Everybody loves a good story.

“My bank told me I could only qualify for a place under $460,000.”

Page 12: Home Ownership Success Stories. Everybody loves a good story.

“$460,000 would only get me this little house in a bad part of New Westminster.”

Page 13: Home Ownership Success Stories. Everybody loves a good story.

“$460,000 would only get me this little house in a bad part of New Westminster.”

Page 14: Home Ownership Success Stories. Everybody loves a good story.

“How then did I buy this $842,000 house in the Capitol Hill neighbourhood in Burnaby?”

Page 15: Home Ownership Success Stories. Everybody loves a good story.

“How then did I buy this $842,000 house in the Capitol Hill neighbourhood in Burnaby?”

Page 16: Home Ownership Success Stories. Everybody loves a good story.

“How did I qualify for a $673,600 mortgage with only $52,000 of income?”

$673,600$52,00

0?

Page 17: Home Ownership Success Stories. Everybody loves a good story.

“…and still pay less than $1,100 per month for the mortgage and property taxes?”

Page 18: Home Ownership Success Stories. Everybody loves a good story.

“It was just this simple…”

Page 19: Home Ownership Success Stories. Everybody loves a good story.

20% Down Payment

35 Year Amortization

2.89% Interest Rate$1,600 per month of rental suite

income$1,280 deducted from mortgage payments

Page 20: Home Ownership Success Stories. Everybody loves a good story.

Monthly Mortgage Payment

$2,545Monthly Property

TaxesLess Actual Rental IncomeNet Cost per Month

$ 329($1,83

0)$1,044

Page 21: Home Ownership Success Stories. Everybody loves a good story.

My dream ofHOUSE

ownership became...

reality.

Page 22: Home Ownership Success Stories. Everybody loves a good story.

Shea Stoney, B.Comm

The Mortgage Helper

Phone: (604) 461-4346

Address: 2189 Austin Avenue, Coquitlam, BC

Email:[email protected]: www.sheastoney.ca

the Mortgage Helper


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