Coinfessions: To Buy A Home or To Keep Renting? That Is The Question.

In this episode, Mortgages By Dammy, mortgage broker, and Reni, answer your coin confessions surrounding all things purchasing a home.

Watch the video version here: https://youtu.be/NoHvS6A3–k?si=nnOuQAQrKISrH6pT

Coinfessions Answered

1. Am I the asshole for not wanting to take out a mortgage for my immigrant parents?
2. My parents gifted my sibling and I $400,000. Should we buy a home, a pre-con, or keep renting?
3. Should I make a full 20% down payment or put down only 5%?
4. Am I the asshole for not wanting to pay my husband rent after the mortgage is paid off?
5. I need an emergency $24,000 loan to help me close on a condo.
6. My family is giving me $800,000 from the sale of their assets. What should I do?
7. Am I the asshole for not wanting to pay off my mom’s HELOC (home equity line of credit)?
8. My federal student loans are now 0% interest. Would I be wrong to pay the minimums only?

Connect With Dammy!
IG: ⁠⁠Instagram.com/mortgagesbydammy⁠⁠
Email: ⁠⁠hello@mortgagesbydammy.ca⁠⁠
LinkedIn: ⁠⁠https://ca.linkedin.com/in/dammyaromiwura⁠

xo,
Reni