Testimonial: Leanne Carmichael

Posted on January 10, 2023 by admin

My husband and I were referred to Andy by our realtor for financial assistance during the sale of our family home of 22 years. At the time, we had also purchased a lakefront property up north, and an earlier purchase – a condo – was moving very quickly towards final closing. When we approached our bank for financing they were unable to assist us in both regards, given the recent changes in mortgage rules, and our family home was still for sale. Andy was able to secure for us a mortgage, as well...

Testimonial: Dave Doyle

Posted on January 10, 2023January 10, 2023 by admin

I have worked with Andy on personal projects in the past. I recently referred him to help a person who is close to me obtain secondary financing. Andy helped make the process easy to understand, and a little less stressful, with his knowledge and awareness of facts. An invaluable characteristic to posses! Dave Doyle Mississauga, Ontario

Testimonial: DML

Posted on January 10, 2023January 10, 2023 by admin

We have been dealing with Andy for several years now and he is great to work with. Andy is a true professional who always has our best interests in mind. He handles our transactions promptly and efficiently and is always thorough. Thank you Andy, we appreciate what you do for us and look forward to working with you again soon! DML (Private Mortgage Investor) Mississauga, Ontario

Testimonial: Zorica Zilkey

Posted on January 10, 2023January 10, 2023 by admin

Efficient, great at ensuring that everything is covered, & plans for long term goals! Zorica Zilkey Burlington, Ontario

Testimonial: Debbie McNamee

Posted on September 26, 2022September 26, 2022 by admin

I have been working with Andy for ten years now. Over that time, he has arranged a mortgage for me, helped me navigate the world of TFSAs and RESPs - both contributing and then withdrawing as my kids went to college - and managed my RRSP portfolio. I find him to be knowledgeable, helpful, and proactive in making sure that I am getting the maximum benefit from my investments, and I would highly recommend him. Debbie McNamee Burlington, Ontario

“Coles Notes” On A TFSA

Posted on May 12, 2016December 2, 2020 by admin

Tax Free Savings Accounts were created in 2009 as a way for Canadians to invest for their future. With the latest change in Government, Canadians can now contribute up to $5,500 per year in their TFSA. Here is what you need to know about a TFSA: 1) You are allowed to contribute up to $5,500 per year to an account. If you have not contributed previously you can contribute up to $46,500 into a TFSA in 2016. 2) A TFSA is not your typical "savings account". Many people are under the as...

Divorce…the seven letter word that feels like a four letter word!

Posted on December 1, 2014March 24, 2015 by admin

So you’ve come to the point in your life where you are one of the statistics; you’re getting divorced. Divorce is never easy but with the right attitude, and some planning, you can minimize the stress and pain it inflicts on you and your family. Debbie Shawn of Divorce Matters suggests that the most important piece of advice she can offer is to remember that while you may be ending your marriage it is virtually impossible to end the relationship with your spouse. There will always be mome...

The Times They Have Changed

Posted on October 16, 2014October 16, 2014 by admin

A decade ago money seemed to be falling from trees. If you had a pulse and could fog a mirror you could qualify for a mortgage in North America. The US housing market was booming and Canada was following in its footsteps. American lenders were in Canada growing their subprime mortgage business and the big banks were extending amortization periods and actively growing their portfolios with folks who could not prove their income. A decade later, the US housing market has imploded on itself ...

Financial Independence

Posted on October 14, 2014October 14, 2014 by admin

What are you doing to become financially independent? Most of us struggle just to get through the day with little thought to our financial futures but wouldn't it be nice to reach a point where work became an option and not a necessity! Here are three things you need to do to attain financial independence: 1) Spend less than you make. Duh...but how many Canadian households fail to do this? The answer is far too many! 2) Pay yourself first. Are you saving a percentage of e...

Testimonial: Heather Otton

Posted on September 26, 2014May 12, 2016 by admin

I was shocked to discover that after 2 years of complicated divorce litigation, and finally settling everything, that my bank would not allow me take over my existing mortgage. This is after having a mortgage with this same bank for 15 years and having paid it on my own for many years (with their knowledge), having exceptional credit, and always being employed.I contacted Andy MacDonald for advice and to see what my options were. Andy's knowledge and professional approach are impeccable. While m...