Our HypoNova firm firmly believes that financial education is the key to making informed real estate financing decisions. That's why we offer turnkey training to our customers, to help them understand the various elements involved in the process of financing a property in a particular financial institution's department.

During our in-depth training, we cover several key concepts that are essential to understanding mortgage financing. We begin by explaining the various financial ratios, such as total debt amortization and gross debt amortization. These ratios are used to assess a borrower's ability to repay their mortgage and manage their debt responsibly.

We also clarify the difference between a market appraisal and a municipal appraisal. Understanding this distinction is crucial to assessing the growth potential and value of a property.

Another important aspect we cover is the calculation of mortgage rate penalties. We explain in detail how these penalties are determined, based on factors such as the remaining term of the loan and the specific terms of the mortgage contract. This knowledge enables our customers to make informed decisions when considering renegotiating their mortgage.

We also explain the triennial roll and the elements that impact it. The triennial roll is a tax assessment of property values carried out by municipalities. Understanding how this assessment is determined and the factors that can influence the value of a property or the amount of your welcome tax is essential to effective financial planning.

We also cover the elements that impact a credit file, explaining how lenders assess the creditworthiness of borrowers by examining factors such as credit history, debt-to-income ratio, and repayment capacity. We offer practical advice on how to improve your credit file and increase your chances of obtaining advantageous mortgage financing.

Many other concepts are explored throughout the process, to help you be as prepared as possible when the time comes to make your first offer to purchase.

Our coaching is designed to be clear and accessible, enabling our customers to understand and apply these complex financial concepts. We provide concrete examples to illustrate each point. Our mortgage broker expert is available to answer any questions and provide personalized support throughout our collaboration.

As mortgage brokers, we believe that knowledge is power. We're committed to empowering our customers by providing a solid financial education and giving them the tools, they need to make informed decisions about real estate financing.

Contact us today to find out more about our turnkey training and discover how we can help you acquire the knowledge you need to succeed in your real estate projects.