FROM SEA TO SKY, ALL YOUR MORTGAGE FINANCING NEEDS

WELCOME TO TEAM DE VUYST


What sets us apart from others in the industry is the dedicated team that we have handling every aspect of your mortgage. After our initial consultation we will start the mortgage process by gathering your information and assembling a package based on our mortgage plan.


Our dedicated Underwriter will work with a wide range of lenders suited to your needs and handle all correspondence between yourself and the lender. This separates us as you have the utmost responsiveness and first-class service throughout the mortgage process.


Throughout the course of your mortgage term we stand dedicated and ready to assist with any questions, concerns, or changes you need applied to your mortgage. We’re only a phone call away!

OUR PROCESS


START THE CONVERSATION 

The best place to start is to connect with us directly. The mortgage process is personal, and it can be daunting. Our commitment to you is that we'll listen to all your needs, assess your financial situation, and provide you with a plan to move forward. 

CHOOSE THE BEST OPTION

Once we’ve had a look at your financial situation, we’ll consider a variety of mortgage options, we'll outline what documents are necessary to qualify for a mortgage, negotiate with the lenders on your behalf, and arrange the mortgage that best suits your needs.

SIT BACK AND REST EASY

Once we’ve arranged the mortgage product that best suits your needs, you’re not alone. We're your mortgage professionals for life. If you’ve got questions in the years to come, we're always available to make sure that your mortgage is working for you, and not the other way around!

SERVICES


HOME PURCHASE

The largest investment in your life needs the utmost care and attention, that’s where we come in! From purchase to completion our dedicated team will handle every aspect, so you can breathe easy and feel confident with your new home purchase.

RENEWAL

At Team De Vuyst we handle this for you prior to your term coming due. With our systems in place we will notify you months ahead to get in touch and go over your new mortgage plan. We will handle booking rates and completing your new mortgage well ahead of your renewal date.

EXPANSION

With your real estate investment typically growing every year we at Team De Vuyst have an in-depth knowledge of how to use that value to obtain a growing real estate portfolio. We work with clients to grow their dreams and retirement in ways they never thought possible!

JAMES DE VUYST
YOUR PRIVATE MORTGAGE BROKER


PROVIDING AWARD-WINNING SERVICE AND TAKING CARE OF ALL YOUR HOME NEEDS IN ONE PLACE, ASK ME FOR MORE DETAILS!

James began working as a mortgage broker in 2010 after obtaining his Bachelor of Commerce with a double major in Finance and Marketing. James worked alongside one of the top brokers in Canada, before making the switch to Verico network in 2014, and in a few short years he was recognized in the industry as a rising star.


In the time that followed he created his own firm in 2019, Team De Vuyst Mortgage Professionals through Verico Paragon Mortgage, as he felt there was more he could provide than what was currently being offered in the mortgage industry.


The premise behind Team De Vuyst was to create a private banking like experience, where the clients are informed on all aspects of the mortgage process, economics, market trends, and local policies, that could affect your purchase and your mortgage well into the future.


James’ main focus is on strategy for the long term, whether that is building a rental portfolio, your first home, or a more complex investing strategy, his knowledge and experience is at the top of the industry.


As we near closing of fiscal 2022, we have seen many shifts in the real estate market, economics, to lending rates and policies. More than ever, James strives to continue his commitment to his clients and uphold the private banking atmosphere with his knowledge and industry experience. We are heading into different times and knowing your portfolio is being overseen by a professional team is the best possible choice you could make.


James has also been recognized in the industry for some of the most prestigious awards and accolades, and with nominations for fiscal 2022.


  • Top 5 Producer 2019-2022 Verico Paragon
  • 2021 Chairpersons Club
  • 2020 CMP Industry Icon
  • 2019 Canadian Mortgage Professionals Top 75 Funded Volume
  • 2019 Top 5 Producer Verico Paragon Mortgage
  • 2019 Nominee Young Gun of the Year (top 10 brokers in Canada under 35)
  • 2017-2019 Chairman’s Club Award Verico (top producer in the Verico network)
  • 2016/2018 Young Gun Canadian Mortgage Professionals (top brokers in Canada under 35)
  • 2016-2018 Top Producer Xeva Mortgage
  • 2016 Business Excellence Award for Verico (3rd largest network in Canada)


Contact us today for your personalized mortgage solution!

james@devuyst.ca


MORTGAGE NEWS


By James De Vuyst 10 Oct, 2024
The best place to start the mortgage process is with a pre-approval. But once you’ve been pre-approved for a mortgage and you’ve been shopping with location in mind, what happens when you can’t find a suitable property? There's no doubt about it; finding the perfect property within your price range is a difficult task, especially for first-time homebuyers. So, before buyer’s fatigue sets in, maybe you should consider adding the cost of renovations into your purchase. Buying a property and including the cost of renovations into the mortgage is available through a program called purchase plus improvements. When purchasing a home, you can add the cost of home upgrades into your mortgage, making it a great option if you can’t find something move-in ready and aren’t afraid to do a little work! But while this sounds simple enough, in all honestly, it’s quite the process. There are some pretty strict rules to follow, but nothing that you can’t handle with the guidance of an independent mortgage professional. Here’s a quick overview of the process. Firstly, you must provide quotes to the lender ahead of time for the work you would like to complete. It’s good to note that the renovations will have to increase the value of the property accordingly. From there, the lender doesn’t give you the money to do the upgrades; you have to come up with that yourself. However, once the work has been completed and verified by an appraiser, the lender will reimburse you and include the money in your mortgage. This program isn’t for everyone. Buying a home is a stressful endeavour in and of itself. The added stress of having to undertake renovations right away might not be a good idea. But then again, if you have the financial wherewithal to handle the cost of renovations and like the idea of making it yours from the start, then this might be just the option you’ve been looking for! Please connect directly; it would be a pleasure to walk through the exact process and outline what securing a purchase plus improvements would look like for you!
By James De Vuyst 30 Sep, 2024
Starting November 21, 2024, borrowers switching lenders with uninsured mortgages will no longer face the stress test, thanks to a new policy from OSFI. Previously, uninsured borrowers needed to prove they could afford their mortgage at a higher rate, which created barriers to switching for better terms. This change encourages competition among lenders and aligns the rules with insured mortgages, providing more flexibility and choice for homeowners. The decision responds to concerns raised by the Competition Bureau and reflects shifting risk management trends in the mortgage market. Key Points: Applies to Straight Switches: This policy is for borrowers switching lenders while maintaining their loan amount and amortization schedule. Stress Test Removed: No more proving affordability at higher rates during switches, allowing for easier access to competitive offers. Supports Borrower Flexibility: Homeowners now have more options to find the best mortgage rates at renewal without the stress test obstacle. Why the Change? OSFI initially maintained the stress test to manage risk but has now reversed this stance after evaluating that the original concerns have not significantly materialized. This move is designed to balance fairness for borrowers and enhance competition in the mortgage market. How It Affects You For those with uninsured mortgages approaching renewal, this policy change is a win. You'll now have the opportunity to seek out better mortgage rates without facing a stress test, making it easier to reduce financial strain, especially in a rising interest rate environment. Stay informed and take advantage of these changes by reviewing your mortgage options today!
By James De Vuyst 26 Sep, 2024
If you’ve missed a payment on your credit card or line of credit and you’re wondering how to handle things and if this will impact your creditworthiness down the road, this article is for you. But before we get started, if you have an overdue balance on any of your credit cards at this exact moment, go, make the minimum payment right now. Seriously, log in to your internet banking and make the minimum payment. The rest can wait. Here’s the good news, if you’ve just missed a payment by a couple of days, you have nothing to worry about. Credit reporting agencies only record when you’ve been 30, 60, and 90 days late on a payment. So, if you got busy and missed your minimum payment due date but made the payment as soon as you realized your error, as long as you haven’t been over 30 days late, it shouldn’t show up as a blemish on your credit report. However, there’s nothing wrong with making sure. You can always call your credit card company and let them know what happened. Let them know that you missed the payment but that you paid it as soon as you could. Keeping in contact with them is the key. By giving them a quick call, if you have a history of timely payments, they might even go ahead and refund the interest that accumulated on the missed payment. You never know unless you ask! Now, if you’re having some cash flow issues, and you’ve been 30, 60, or 90 days late on payments, and you haven’t made the minimum payment, your creditworthiness has probably taken a hit. The best thing you can do is make all the minimum payments on your accounts as soon as possible. Getting up to date as quickly as possible will mitigate the damage to your credit score. The worst thing you can do is bury your head in the sand and ignore the problem, because it won’t go away. If you cannot make your payments, the best action plan is to contact your lender regularly until you can. They want to work with you! The last thing they want is radio silence on your end. If they haven’t heard from you after repeated missed payments, they might write off your balance as “bad debt” and assign it to a collection agency. Collections and bad debts look bad on your credit report. As far as qualifying for a mortgage goes, repeated missed payments will negatively impact your ability to get a mortgage. But once you’re back to making regular payments, the more time that goes by, the better your credit will get. It’s all about timing. Always try to be as current as possible with your payments. So If you plan to buy a property in the next couple of years, it’s never too early to work through your financing, especially if you’ve missed a payment or two in the last couple of years and you’re unsure of where you stand with your credit. Please connect directly; it would be a pleasure to walk through your mortgage application and credit report. Let’s look and see exactly where you stand and what steps you need to take to qualify for a mortgage.
MORE NEWS
Share by: