Meet The Penny Poppers

If you’re a client and think this story might be about you, it’s because you’re not alone. While the details are always changed, the experiences are real; and shared by many. These stories reflect common themes I see every day. You are in good company.

What the Penny Poppers Wanted

After years of ups and downs, the Penny Poppers decided it was time to leave their rural property and move back into the city. 

With a growing family and only one income, they were looking for a stable, quiet neighbourhood where their kids could grow up and they could settle in for the long term. 

What We Discovered 

They had refinanced a couple of times over the years, and their existing mortgage included a lower balance but a less competitive interest rate. 

Porting the mortgage would have meant applying that higher rate to a larger amount, so even though a penalty would apply, it made more financial sense to break the mortgage and start fresh with a lower rate on the full amount. 

What the Penny Poppers Chose

We structured a new mortgage at a lower rate and bridged the financing between their sale and new purchase. Bridging allowed them to access their down payment and closing costs from the equity in their current home, even though the buyers hadn’t taken possession yet, so they could move into their new home without delay. 

What It Gave Them

They’re now settled in a quiet community that fits their lifestyle and growing family. The kids have space, the payments are manageable, and they’re back in a place that feels like home. This time, with a clearer financial path ahead. 

Not all stories are complex, the human need to keep things simple is beautiful. Learning to live with less and stay within your means, keeps life simple.