Robert Klein Newsletter - January 2018/Edition 68

Robert Klein - Mortgage & Life Insurance Broker

robert@robertklein.ca
778 896 6732
http://www.robertklein.ca

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January 2018 Foreclosure List

 

January 2018 - Abbotsford - Attached
January 2018 - Burnaby North - Attached
January 2018 - Burnaby South - Detached
January 2018 - Coquitlam - Attached
January 2018 - Coquitlam - Detached
January 2018 - Langley - Detached
January 2018 - Maple Ridge - Attached
January 2018 - Maple Ridge - Detached
January 2018 - Mission - Detached
January 2018 - New Westminster - Attached
January 2018 - North Vancouver - Detached
January 2018 - Port Moody - Attached
January 2018 - Richmond - Attached
January 2018 - Richmond - Detached
January 2018 - Surrey - Attached
January 2018 - Surrey - Detached
January 2018 - Vancouver East - Detached
January 2018 - Vancouver East- Attached
January 2018 - Vancouver West - Attached
January 2018 - West Vancouver - Detached



Getting Mortgages Approved is Now the Toughest I've Ever Seen

 

The new regulations were supposed to effect federally regulated lenders such as RBC, TD, First National etc.

They weren't supposed to effect the provincially regulated lenders such as Coast Capital, Vancity, Blue Shore etc. 

Well they now have. 

The credit unions by choice are changing their guidelines:

1. Increasing qualifying rate (Vancity 3.69% to 4.64%)
2. Decreasing amortization (Vancity 30 year to 25 year)
3. Getting out of certain areas (Blue shore does not lend to Surrey anymore)

What's the solution?

Smart mortgage broker + long term mortgage planning.   



Stem Cell Discussion - Joe Rogan Experience #1066 - Mel Gibson & Dr. Neil Riordan

 

Joe Rogan Experience #1066 - Mel Gibson & Dr. Neil Riordan - Video

This was interesting.  I didn't realize that stem cell treatments were in full use.  

From what I can tell, this is the future of medicine. 



First Day of Pre School!

 

Wow, what a great time going to his first day of Pre School.  He is turning into a big boy!



Santa Paid Off Big Time (check out grandpa!)

 

This was a fun Christmas as little Rob understood presents.  He had a blast opening them.  

Little Rob's grandpa, also named Rob, Grandpa Rob!, is taking a nap in the background. 

Yes, little Rob is Robert the third!



How Many Lenders Does RBC Have?

 

What type of question is this? 

Should be 1..... called RBC.

Wrong.  100% wrong.

RBC has 6 divisions of lending with 6 different types of approvals.

1. Branch employees
2. Branch managers with exception powers
3. Mobile specialists
4. Small business lending
5. Commercial (multiple specialties in this)
6. High net worth division

All of them look at mortgages differently.  

My job is to figure out the exact things they do in each division and then find the genius in each of those divisions that can do it.  

This is 1 of the reasons why I'm able to do crazy mortgages.



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