News from Canada's Mortgage Experts

Tax free mortgages - the concept is a good one but it’s not for everyone. MonsterMortgage.ca has helped a number of clients apply this concept to their mortgage. This article in the Globe and Mail explains, in more detail, how you can create a tax-deductible Canadian mortgage plan how this strategy can increase your cash flow and assets while decreasing liabilities.

To make this type of mortgage strategy work, you must remember a few key points:

• You must have equity in your house,

• You must be risk adverse,

• You must be disciplined,

• and most important, you MUST be patient…it’s a LONG term plan that requires time but can be quite beneficial when managed properly.

TDMP.com is one company in the market that has done a decent job at helping people with this concept. They have the ability to handle the monthly investment transaction for clients which helps with the “discipline” factor referred to in the article.

If you have any questions about the tax-deductible Canadian mortgage, please feel free to email us at tdmp@monstermortgage or call us at 416-480-0234 and a mortgage agent that specializes in this area will be glad to answer your questions!