No one wants to have a mortgage for 25-30 years. Here are some important tips that can help you become mortgage free faster.

1. Change your payments to accelerated bi-weekly/weekly payments.
2. Increase your regular payments. Most lenders allow you to put anywhere from 10%-20% towards your monthly payments.
3. Use your lump sum options. Depending on the lender you are allowed to have one big lump sum payment a year which can be anywhere from 10%-20%. This goes toward your principal.
4. Contribute to your max RRSP then use your tax refund to help you contribute to your mortgage payment.

It’s not difficult, it just requires attention and commitment, and I will be here every step of the way to provide guidance and answer any question you may have.