I started on the bank side, at BMO and then CIBC. Today I show homeowners and landlords the mortgage setups banks don't explain, so the house is paid off years sooner.
#71 in Canadian Mortgage Professional's Top 75 Mortgage Brokers in Canada, 2024
“The lowest rate gets me mortgage-free fastest.”
“How can I get the best rate?” is one of the three questions every new client asks me. The rate matters.
The year your mortgage ends also depends on where your spare money sits each month. Money parked in chequing or a savings account leaves the balance where it is.
With the right setup, those same dollars work against your mortgage every day, and they stay within reach when you need them.
An illustration with your numbers and one rate held steady for the whole time. Real rates move, and every file is different.
Your pay and your savings sit against the mortgage balance, so interest is charged on what's left. The money stays yours to use whenever you need it.
For landlords. The rent goes onto your home's mortgage the day it lands, and the rental's costs run through a separate line of credit. Your home is paid off sooner.
The line of credit grows as you go, and its rate can move. We look at those numbers together first.
A mortgage in two parts: the mortgage, and a line of credit attached to it. Most faster-payoff setups are built on it. Renewal is the moment to switch without a prepayment penalty.
The home's mortgage runs its full term.
The home is paid off years sooner.
Both own the same properties and collect the same rent. Landlord two sends the money in a different order. The line of credit grows over time and its rate can change, so whether this fits depends on your income, your properties and your lender.
I started at Bank of Montreal, then worked at CIBC as a mobile mortgage advisor. I know how a standard bank mortgage is built, and which advanced strategies rarely come up at the branch.
Today I'm a Mortgage Agent Level 2 and a Team Leader at 6ix Mortgage Group, working with homeowners and landlords across Toronto and the GTA. I break these setups down on Instagram, YouTube and TikTok.
“I teach Canadians advanced mortgage strategies that banks don't explain.”Taz Zaide
Seven taps about your home, your rental and your renewal date. No documents, no credit check.
You see which setup fits your answers, plus my free video guide to how it works.
We put your real numbers on screen, ideally before your renewal letter arrives, and you decide.
The 6ix Mortgage Group team handles all three at 6ix.ca.
At renewal you can move to a new setup without a prepayment penalty. Mid-term a penalty may apply, and I'll show you that number before you decide anything.
Yes. The offset account is built for homeowners with money left over each month. Cash damming is the landlord version.
Its rate is variable, so its cost can go up. In cash damming it also grows on purpose. We put every number on screen first, and you decide with the full picture.
I'm a mortgage agent, so tax questions go to your accountant. I'm happy to work alongside them.
The check and the video guide are free. You see your result straight away.
Two minutes now tells you which setup fits your file, before the bank's letter decides it for you.