Welcome to Homebuyer's School
brought to you by Brookfield Residential.
Hi everyone and welcome to another edition of Homebuyer's School. Today I'm joined by
Mujtaba Syed, a Mobile Mortgage Specialist with TD Canada Trust. And today the
question we're gonna answer is -and one that's very, very I guess, a very popular
question is, "How much can I actually get pre-approved for a mortgage?" So Mo, how
much, if I go right now to talk to you or a mortgage specialist, what's the maximum
I can get pre-approved?
That's a really good question Karl, so technically what
we look at is we'd look at a bunch of different factors when we're looking at
the amount that you can get pre-approved for. The most important thing we do
look at your credit score, now a credit worthiness is an important part of the
approval process, so there are certain criterias and guidelines we like
your credit to be at to see maximum - minimum approval amounts. I'll try to
explain a little bit more.
So if your Beacon score is technically
above 680 where we want to be at,
we want your TDS, which kind of
stands for Total Debt Ratio. So a total
debt ratio is what we take, is we take
your income, we take your monthly
obligations, plus the new monthly
obligations of your home you're looking
at buying, which is going to be your
mortgage payment, property taxes,
utilities. We want it to be around 44% of
your income, and the reason why the banks
want to be able to do that is we want
the extra - 56% to be available
just in case you might need it. We don't want you to be house poor for
sure. So if you're Beacon score is above 680 we can go to a maximum 44% of
your TDS. But unfortunately if it's lower
than 680, we want to be at 42% of TDS
and these are just bank account and guidelines that we take a look at.
We also look at something called GDS which is your Gross Debt Ratio which is just
technically the housing cost we talked about. So the housing cost once
again is just your mortgage payments, your property taxes, and your utilities
that technically could be part of the home. We want that to be once again if
your Beacon scores around 680, we want
that to be around 39% which is the maximum.
Now, you know if your Beacon scores less than 680, we unfortunately
can't go more past 35% once again, just
bank account of rules to kind of see
exactly how much you get pre-approved for.
When you're talking about, so let's step back a bit here.
What is a Beacon score? Just for those who don't understand.
Absolutely, so a Beacon score is a credit score and it's
a whole bunch of different things that combine into making like a "risk
rating" for the bank. So what we do we can look through a whole bunch of different
situations. We could look at how long
you've opened your credit bureau,
what kind of debts you have on your
credit bureau, how you make your payments,
if you switch your job frequently we
want to be able to show stability. So if
you switch jobs often or you
move addresses often, that could actually
result in a lower score, or we want to show
stability, we want to show comfort so
technically a score where I like to explain to my clients is just a
statistic. So once when we say someone has a beacon score of 680 it just means
to the bank that 1 out of 680 people were most likely default on a loan
compared to someone who might have a beacon score of 700, so 1 out of 700 is
less riskier to the bank compared to 1 out of 680 or even 1 out of 600.
So that's how the bank's look at it. It is a little bit more complicated, a
little complex, but it's just a brief idea of who you are as a person
technically, how you come across to the bank.
Does a previous mortgage affect your Beacon score as well?
Absolutely yeah. A previous mortgage
could definitely affect and depending on your repayment, how you
made the payments, the amount, it could definitely impact in a positive way
or it could impact in a negative way.
Does a- would it would you recommend
then having let's say you know, let's say you're in the process of selling a home
and looking to buy another home, either another home or transitioning out of
that, in your opinion would it be better to make sure you sell your home first or it
doesn't really matter?
Yeah, to me I don't think it really
matters because when we actually look at the pre-approval process we
can factor all that into the application. We can look at what makes the most
sense for you. If it makes the most sense to you because you feel like
selling based on your financial obligations, we can look into that. We can
also look in getting your pre-approved or approved for a mortgage by currently
holding that property as well. A lot of people think they want to sell but then
decide that they might want to turn into an investment property or rental
property, there are many, many different ways we can work on to the
application, there is no just one way to kind of do that.
One question I always wanted to know is "should I max out in terms of how much I
can get pre-approved for?"
Yeah, so once again it just depends on where
your comfort level is. If you think that that's your dream home and you're very
comfortable with it and you see yourself moving in there and living in there for
a very long time you might consider buying that house, it might be a little
bit close for maximum living, but you might know that your income potential is
just gonna keep on getting more and more, and that's something that definitely you
could speak to your specialist about. I always tell my clients as long as you're
comfortable with the payments make sure you do the monthly budget, those monthly
obligations, and see exactly where that fits in based on your lifestyle. If that
makes sense for you based on your lifestyle, it's a comfortable payment,
you don't feel you're stretched or you don't feel that it's a little
bit too much for you, that's the ideal place to be in my opinion.
Great, do you have anything else to add?
No I think that's technically it. Once again we
just want to reiterate that, just really sit down with your specialist, talk about
your obligations, talk about your financial situation, talk about where you
see yourself in the future, all that could have a really big impact on your
decisions today. We want to be able to look into the future and see does this
make sense in the future as well, not just today.
Perfect, well thank you very much Mo, thank you very much everyone for joining
us and we'll catch you next time.
That's another edition of Homebuyer's School.
Tune in next time for more expert
tips and tricks, and visit homebuyersschool.ca
to bring you one step closer to finding
your dream home.
As with everything, it would be great if you
like and share our videos, also please
let us know if you have any home buying
questions you want us to answer.
For more infomation >> How much can I get pre-approved for a mortgage - Duration: 6:45.-------------------------------------------
A Shekel For A Wish 🎄 - Duration: 2:09.
Oh yay!
Santa Claus left me a present!
(le happy merchant song)
What are you!?
Well... I'm...
A genie!
Coool!
Can I make a wish, then?
A shekel for a wish, little boy!
What's a shekel?
MONEY, LITTLE BOY!
WHERE'S YOUR MONEY? (demon voice)
Um...
I can take you to my parents' vault.
That's where they keep their money.
((( hand rubbing intensifies )))
Goooood!
GOOOOOOD!!!!!!
OPEN IT!!!
Okay....
Yyyyyesss....
So... can I make my wish now?
Of course!
Okay!
Um...
I want...
A pet frog!
Done!
Yaaayyyy!!
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Innovative methods for detecting cartels: Margarida Matos Rosa - Duration: 1:52.
In terms of new methods, what I learned is that algorithms
are not any more the privilege of high tech businesses.
Competition authorities are using them in their day to day activities
and they are perfecting them as we speak.
They… they use algorithms to detect suspicious patterns that they…
that later can confirm—or not—their… the collusions that they are looking for.
Access to data is really important so that you can have a fully implemented strategy.
By that I mean that you need to have access to a large data set, as largest as you can,
as historical as you can, so that you can detect…
so that you can detect full patterns that may be indicating a suspicious pattern.
What we also need to be aware of is that everyone adapts to a new paradigm.
So even if you… we are using algorithms and we are using different techniques, speedier techniques,
we need to know that infringers will also adapt over time to our new methods.
So what we need to remain constantly very vigilant about this as well.
The biggest takeaway for me is that there several methodologies being employed in the…
in the screenings of public procurement data.
So I am looking forward for my team to… to work with several of these competition authorities
so we that can progress altogether and perfect our screening techniques.
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MVTV - Creating an Indoor Outdoor Space for Your Home - Duration: 1:22.
Welcome to Mountain View Television, MVTV.
The leaders in education for the construction industry.
Today we are featuring residential new construction projects.
So let's tell the story here.
The indoor-outdoor living space, the homeowners
wanted a big door system to transition the living room to the backyard.
The Andersen E-Series Bi-Parting door here is a perfect value way to do that indoor-outdoor
living space.
Again, 16' wide 18' tall here.
The cool thing about this door is that when you open it up you do have screening that
really helps with those different times of the year.
What I love about what the designer did working on this house is that they really wanted to
have that clean, white, modern feel but they wanted to have some traditional custom and color.
So, that modern farmhouse mixed with Tudor all mixed together.
We don't want you to be in a box, we want to make your house your home.
Click on a picture to be redirected for more great information.
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YOGA MORNING STRETCH ROUTINE (For Beginners) - Duration: 1:17.
my mom calls me every single day to check up on me from Singapore.
I have no family living close to me because they live in Asia.
While talking to my mom, she asks why I looked so troubled.
She can always tell when something isn't right even when I try to hide it.
My dad, immediately gets on the FaceTime and starts getting worried because he doesn't like to see me feeling down.
Immediately, my parents start saying a prayer for me over FaceTime.
My heart just felt so at ease, at that moment.
The three of us, even though so far away, so together in that moment.
I'm not alone, even though I feel that way sometimes.
And Today, i remembered all the things I should be thankful for. Family.
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JTBC's Upcoming Drama "Just Between Lovers" Releases New Individual Posters For Main Cast - Duration: 2:50.
JTBC's Upcoming Drama "Just Between Lovers" Releases New Individual Posters For Main Cast
JTBCs new Monday-Tuesday drama Just Between Lovers has released new individual posters for the main characters!.
Just Between Lovers is the story of a Kang Doo (played by 2PMs Junho) and Moon Soo (played by Won Jin Ah) as they learn to help each other heal after miraculously surviving an accident that shakes up their entire lives.
The two feel a strong pull towards each other, and their love story is set to pull on the heartstrings of viewers. The first set of new posters are of Junho and Won Jin Ah.
Junho plays a youth who has been hardened by the struggles he has endured in life, which goes along with the tagline, How can you live in this messed-up world without going crazy. Meanwhile, Won Jin Ahs poster says, I keep seeing myself in you, reflecting how she feels that though her and Junhos characters have lived completely different lives, they share the same pain.
Lee Ki Woo and Kang Han Nas posters have been released for the first time for the drama. Lee Ki Woo plays the gentle and caring Seo Joo Won, who runs an architectural firm.
His tagline, My thoughts keep coming back to you. Kang Han Na will play Jung Yoo Jin, one of the team leaders of a construction company.
Though she seems to have the perfect life on the outside, she is a lonely person who doesnt have a friend she can really open up to. Her poster says, We were first.
In the past, and even now, which is intriguing as viewers arent quite sure who we is referring to.
The staff of Just Between Lovers said, Junho, Won Jin Ah, Lee Ki Woo, and Kang Ha Na were able to perfectly portray their characters for the individual posters.
The drama will follow these four characters as they again warmth from each other and learn to heal their scars and wounds..
Just Between Lovers is set to air its first episode on December 11 at 11 p.m. Catch up with some of the previous posters and making video ahead of the premiere!.
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MT Spotlight: Tech Bazaar set for Dec. 9 - Duration: 3:39.
For more infomation >> MT Spotlight: Tech Bazaar set for Dec. 9 - Duration: 3:39. -------------------------------------------
Brighten the holidays for a Denver child - Duration: 0:25.
- Hi, this is Paula from Raval Facial Aesthetics,
Nurse Injector, letting you know today about our Angel Tree.
It's a great way to support families and people in need.
Come in between now and December 11th,
pick up a tag, provide the gift listed,
and you'll receive 10 free units of Botox with me.
It's a great way to support the community
and look fabulous for the holidays!
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How to download Fortnite for PC - Duration: 4:51.
links in description
you need to register to downloading and playing Epiclauncher's games
After registering you revise confirmation email confirm it
I already registered
Download and install EpicLauncher.msi
I already downloaded and installed so i don't do do it again but you need to download it
Now sing in Epiclauncher program to download game and start playing
in here ask you to install Fortnite game you need to click on install but i already installed it now automatically updating
contact me if you have any problem
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Zsuzsa Baranyai - Application for Albert Szent-Györgyi Young Investigator Award, 2017 - Duration: 4:52.
Hello!
My name is Zsuzsa Baranyai.
I am an assistant research fellow in the Research Group of Peptide Chemistry of the Hungarian Academy of Sciences
and Eötvös Loránd University.
I've joined the Group as a Bachelor student and at that time I started to work on the
topic of antitubercular drug-peptide conjugates.
During my PhD studies, I continued this topic.
My research is focused on the synthesis and biological evaluation of antimycobacterial
agents and the application of drug delivery systems such as peptide conjugates and nanoparticles.
In this video I would like to give you a brief insight to this project.
First of all, the question arises, why tuberculosis and other mycobacterial infections are still
belonging to the major public health challenges worldwide?
Tuberculosis is an infectious disease caused by the slow-growing Mycobacterium tuberculosis.
Mycobacterium tuberculosis is mainly an intracellular pathogen; in the latent form of tuberculosis
the bacteria can survive within the host cell phagocytes for many years.
It typically affects the lungs but can also affect other organs.
The treatment of tuberculosis is long and the currently used antituberculars have serious
side effects.
One third of the world's population is estimated to be infected with tuberculosis and it is
one of the top 10 causes of death worldwide.
In 2016, an estimated 10.4 million people fell ill with tuberculosis, and 1.7 million
died from it.
Furthermore, the increase of multidrug and extensively drug-resistant tuberculosis in
the last decade is very alarming.
In addition, the appearance of a new emerging mycobacterium, the Mycobacterium abscessus
has been identified.
Mycobacterium abscessus is also an intracellular pathogen that is the most chemotherapy-resistant
rapid-growing mycobacterium.
It is a common water contaminant, responsible for a wide spectrum of infectious diseases.
Our aim is to try to overcome these threatening mycobacterial strains by the development of
new potent antimycobacterial drugs with enhanced activity in the intracellular environment.
For this purpose we have applied new salicylanilide derivatives and in silico identified, chemically
optimized pyridopyrimidine derivatives as drug candidates.
We have designed and synthesized different peptides as carrier and host cell targeting
moieties, and the drugs were conjugated to these peptides.
Drug candidates were also encapsulated into biodegradable nanoparticles.
Our results demonstrated that the new salicylanilide derivatives have outstanding in vitro antimycobacterial
activity against extracellular, chemotherapy-resistant Mycobacterium abscessus and also against the sensitive,
multidrug-resistant and extensively resistant strains of Mycobacterium tuberculosis.
Generally the uptake of antimycobacterial agents by infected host cells is limited.
Therefore applying drug delivery systems such as carrier peptides and nanoparticles can
be a useful tool to enhance the bioavailability of the drug molecule.
Furthermore, cell-specific delivery can be achieved by using targeting moieties.
The enhanced uptake of the host cells can decrease used dosages, length of therapy,
and the side effects of the drugs as a long-term benefit.
Our in vitro studies showed that, in contrast with the free drugs, enhanced cellular uptake
and remarkable inhibition activity against the intracellular bacteria in infected host
cell model were achieved using these drug delivery systems.
Moreover the conjugates showed no or reduced cytostatic activity on host cells comparing
with the free drugs, indicating the enhanced selectivity of the conjugates.
Further research is directed to the in vivo evaluation of promising candidates.
Our encouraging findings may lead to a more successful control of mycobacterial infections.
It would be a great honor to gain the Albert Szent-Györgyi Young Investigator Award.
It would mean a major support to continue my research on this important field.
Thank you for watching and thank you for your consideration.
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Another Win for Trumps Economy ThirdQuarter GDP Growth Highest - Duration: 3:42.
Another Win for Trump�s Economy: Third-Quarter GDP Growth Highest in 3 Years.
By Andrew Kerr.
The U.S. economy grew at a faster rate in the third quarter than originally thought,
as new data from the Commerce Department revealed Wednesday.
Gross domestic product surged upwards 3.3 percent in the July through September period,
up from the initial estimate of 3.0 percent.
The quarterly growth topped economists� forecast of 3.2 percent growth and is the
fastest recorded in the past three years.
The growth was due in large part to an increase in government investment, the Commerce Department
said Wednesday.
Increased spending by businesses for equipment also attributed to the growth, rising at a
10.4 percent pace.
TRENDING: Senator Tries Defending Warren Against Trump�s �Slur�� Dana Loesch Takes
Him to School with 1 Tweet
Business merchandise yet to be sold, or private inventories, grew at an 0.8 percent annualized
rate.
Federal Reserve Chair Janet Yellen told lawmakers Wednesday the expansion is �increasingly
broad based across sectors as well as across much of the global economy.�
Yellen added that she expected �the economy will continue to expand.�
The new data also revealed that the hurricanes that ravaged the coasts of Texas and Florida
in August and September had little effect on the economy�s growth overall, but did
have an impact on consumer spending, which accounts for over two-thirds of the U.S. economy.
Economy growing!
Excluding hurricane effects, CEA estimates that real GDP growth would have been 3.9%
in Q3.
Stock market at a new high, unemployment at a low.
We are winning and TAX CUTS will shift our economy into high gear!
RELATED: Alabama GOP Congressman Ignores Jeff Flake, Votes for Former Rival Roy Moore
Trump attributed the economy�s growth to his policies.
�I guess someone likes me (my policies),� he tweeted.
Looks like another great day for the Stock Market.
Consumer Confidence is at Record High.
I guess somebody likes me (my policies)!
Trump hopes his tax plan currently being pushed through Congress will lift GDP gains to three
percent annually.
Growth in consumer spending revised down to 2.3 percent growth in the third quarter from
the initially reported 2.4 percent third-quarter pace and down from the 3.3 percent growth
recorded in the second quarter.
President Donald Trump celebrated the news on Twitter, suggesting the economy would have
performed even better had it not been for the late summer hurricanes.
�Stock market at a new high, unemployment at a low.
We are winning and TAX CUTS will shift our economy into high gear!� Trump tweeted Wednesday.
View image on Twitter
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How to Draw Emoji Face For Baby Drawing and Coloring to Learn Colors for Kids - Duration: 9:22.
For more infomation >> How to Draw Emoji Face For Baby Drawing and Coloring to Learn Colors for Kids - Duration: 9:22. -------------------------------------------
Methods and tools for detecting cartels: Marisa Tierno Centella - Duration: 1:22.
In all the ICN conferences we attend,
along with our discussions with our counterparts from other agencies,
we consistently learn about differences
between our respective systems.
We also learn how to work with those differences.
For me, it's very important to have this opportunity
to talk with my counterparts in order to communicate
how my system is different and what my needs are.
We have just introduced a new tool―the Whistle Blower Tool―
which allows those who are aware of cartel activity,
including bid-rigging offences, to report it to us anonymously.
We can still receive a fax or a letter,
but what is special about the new system we've created
is that it is possible for us to speak with the person,
and follow-up with them, while continuing to protect their anonymity.
So, we hope that it will useful not only in letting us know
that something might be happening,
but also help us secure evidence or other clues
that will allow us to pursue an investigation.
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