Act Now to Save Thousands on Your Mortgage: Expert Advice from Josh Perez

Josh Perez • September 19, 2023

Are you in the market for a new home, thinking about renewing your mortgage, or considering refinancing in the next six to twelve months? If so, there's a crucial piece of advice that could save you tens of thousands of dollars: Act now! This invaluable insight comes from none other than mortgage expert Josh Perez, who emphasizes the importance of getting your mortgage application and documents in order as soon as possible.

You can save tens of thousands of dollars by doing this right now, and that is you need to hurry up and get your mortgage application and documents in now if you're looking at buying a home, renewing a mortgage, or refinancing a mortgage in the next six to

12 months.

The Current Mortgage Landscape

In today's ever-changing financial landscape, interest rates are more volatile than ever before. This volatility can have a significant impact on your mortgage options and costs. Josh Perez's advice revolves around securing and holding rate options for as long as possible, a strategy that can only be accomplished with a well-prepared mortgage application and updated documents in hand.


The Benefits of Early Action

So, why is early action so crucial? Here's how it works: when you submit your mortgage application early, you essentially "lock in" the current interest rates. This means that if interest rates rise during the next six to twelve months, you'll still enjoy the lower rate you secured. On the other hand, if rates happen to decrease, you'll have the flexibility to take advantage of the lower rates, thanks to your prepared application.


The High Cost of Procrastination

Josh Perez warns that leaving these crucial steps to the last minute can have serious financial consequences. Waiting too long before applying for a mortgage can result in hundreds of dollars in payment increases, not to mention tens of thousands of dollars in extra interest payments over the term of your mortgage. Moreover, procrastination can even impact your qualification status, potentially reducing your borrowing power when you need it the most.


The Bottom Line

In a market where interest rates can change rapidly, timing is everything. Josh Perez's advice is clear: if you're planning to buy a home, renew your mortgage, or refinance in the near future, don't wait. Take action now to secure your financial future. By getting your mortgage application and documents in order promptly, you'll not only save money but also gain peace of mind knowing that you've made a smart financial move.

Remember, it's not just about the home you want to buy; it's about the thousands of dollars you can save by acting decisively today. Don't let market volatility catch you off guard. Follow Josh Perez's expert advice and start your mortgage journey on the right foot. Your future self will thank you for it.



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Get Unbiased Advice: Work with an Independent Mortgage Pro

By Josh Perez • December 24, 2025
Why Work With an Independent Mortgage Professional? If you’re in the market for a mortgage, here’s the most important thing to know: Working with an independent mortgage professional can save you money and provide better options than dealing directly with a single bank. If that’s all you read—great! But if you’d like to understand why that statement is true, keep reading. The Best Mortgage Isn’t Just About the Lowest Rate It’s easy to fall for slick marketing that promotes ultra-low mortgage rates. But the lowest rate doesn’t always mean the lowest cost . The best mortgage is the one that costs you the least amount of money over time —not just the one with the flashiest headline rate. Things like: Prepayment penalties Portability Flexibility to refinance Amortization structure Fixed vs. variable terms …can all affect the true cost of your mortgage. An independent mortgage professional looks beyond the rate. They’ll help you find a product that fits your unique financial situation , long-term goals, and lifestyle—so you’re not hit with expensive surprises down the road. Save Time (and Your Sanity) Applying for a mortgage can be complicated. Every lender has different rules, documents, and policies—and trying to navigate them all on your own can be time-consuming and frustrating. When you work with an independent mortgage professional: You fill out one application They shop that application across multiple lenders You get expert advice tailored to your needs This means less paperwork , less stress , and more confidence in your options. Get Unbiased Advice That Puts You First Bank specialists work for the bank. Their job is to sell you that bank’s mortgage products—whether or not it’s the best deal for you. Independent mortgage professionals work for you. They’re provincially licensed, and their job is to help you: Compare multiple lenders Understand the fine print Make informed, long-term financial decisions And the best part? Their services are typically free to you . Mortgage professionals are paid a standardized fee by the lender when a mortgage is placed—so you get expert guidance without any out-of-pocket cost. Access More Mortgage Options When you go to your bank, you’re limited to that bank’s mortgage products. When you go to an independent mortgage professional, you get access to: Major banks Credit unions Monoline lenders (who only offer mortgages) Alternative and private lenders (if needed) That’s far more choice , and a much better chance of finding a mortgage that truly fits your needs and goals. The Bottom Line If you want to: Save money over the life of your mortgage Save time by avoiding unnecessary back-and-forth Access more lenders and products Get honest, client-first advice …then working with an independent mortgage professional is one of the smartest decisions you can make. Let’s Make a Plan That Works for You If you're ready to talk about mortgage financing—or just want to explore your options—I'm here to help. Let's connect and put together a strategy that makes sense for your goals and your future. Reach out anytime. I’d be happy to help.

Why High Income Doesn’t Automatically Mean a Bigger Mortgage

By Josh Perez • December 18, 2025
Most people assume a bigger paycheck leads to a bigger mortgage approval. But here’s the truth that surprises almost everyone: “It’s not about how much you earn. It’s about how much of your income is already spoken for.” — Josh Perez I’ve sat across from clients earning six figures who qualified for less than someone making half as much. The problem wasn’t their income. It was their monthly obligations . Lenders Don’t Just Look at Income — They Look at What’s Left Over You can make $200,000 a year, but if $80,000 of it is tied up in payments, lenders see very little room for a mortgage. Here’s what typically eats up that space: Big car loans Multiple credit cards Buy-now-pay-later plans Personal loans Lines of credit Old debts that still report monthly payments These commitments matter because lenders are focused on one main calculation: Debt-to-Income Ratio (DTI) This tells lenders how much of your income is already locked into payments — and how much is available for a mortgage. A high DTI = lower mortgage approval A low DTI = stronger approval and better options It’s that simple. Want to Qualify for More? Do This First Most people think they need to increase their income. The truth? Reducing debt often has a bigger impact — and works faster. 1. Pay down or eliminate high monthly payments Even paying off a single loan can shift your approval dramatically. 2. Avoid taking on new credit before applying Every new payment reduces your borrowing room. 3. Keep your spending stable for 90 days Lenders review recent bank history. Stability helps. 4. Work with a mortgage broker, not just one bank This is one of the biggest ways people leave money on the table. Every lender calculates affordability differently. Some are far more flexible with DTI. If you only go to your bank, you’re only getting one version of your potential approval. Let’s Make Your Approval Work for You If you want to qualify for more, reduce debt strategically, or understand where you stand right now, I can help you build the right plan. Let’s give you access to more options — not just one.