Cigar Forum

Some of our first customers wanted a section where they could post their comments & suggestions about their favorite cigars. We are happy to offer you this page to do just that. We look forward to chatting with you online but hope to see you soon!

To post your comments, go to the home page and register an account, you will then be able to post to the Cigar Blog.

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Team Blogs
    Team Blogs Find your favorite team blogs here.
  • Login
    Login Login form

Uncategorized

Posted by on in Uncategorized
Home Equity Loans allow Canadians to tap tax-free equity to invest in large expenses like renovations. Mortgage Refinancing makes sense when interest levels have dropped substantially relative towards the old type of home loan. The First-Time Home Buyer Incentive reduces monthly Mortgage Broker In Vancouver costs via shared equity with CMHC. Second mortgages are subordinate to first mortgages and still have higher rates reflecting the the upper chances. Stated Income Mortgages entice certain borrowers unable or unwilling to completely document their income. Newcomer Mortgages help new Canadians secure financing to establish roots after arriving from abroad. Lengthy extended amortizations over twenty five years reduce monthly costs but increase total interest paid substantially. Private Mortgages fund alternative real estate loans that don't qualify under standard guidelines.

The Home Buyers Plan allows withdrawing up to $35,000 tax-free from an RRSP for any first home purchase. Most mortgages in Canada are open mortgages, allowing prepayment at any time, while closed mortgages restrict prepayment options. Shorter terms around 1-several years allow enjoying lower rates when they become available. Mortgage default insurance protects lenders while allowing higher ratio mortgages essential for affordability by many borrowers. Government guarantees on mortgage backed securities allow lenders to invest in mortgages at lower interest rates. Mortgage Broker In Vancouver renewals every 3-several years provide a possibility to renegotiate better terms and rates of interest with lenders. More rapid repayment through weekly, biweekly or one time payment payments reduces amortization periods and interest. Foreign non-resident investors face greater restrictions and higher down payments on Canadian mortgages. Defined mortgage terms outline set rate and payment commitments typically ranging two years span ten years locked whereas open terms permit rate flexibility at any time functionality favoured sophisticated homeowners mitigating cycles or anticipating moves. The CMHC offers qualified first time homeowners shared equity mortgages through the First Time Home Buyer Incentive.

Mandatory house loan insurance for high ratio buyers is meant to offset elevated default risks that come with smaller first payment in order to facilitate broader use of responsible homeowners. The maximum amortization period for first time insured mortgages has declined in the years from 40 years to 25 years currently. The annual mortgage statement outlines cumulative principal paid, remaining amortization and penalties. Switching Mortgages into a different product offers flexibility and income relief when financial circumstances change. Low Rate Closed Mortgage Retention versus prepayment freedom favors stability carrying known consistent payments without penalties should cash flows remain unchanged not requiring flexibility. The CMHC Green Home Program offers refunds on house loan insurance premiums for energy efficient homes. Equity sharing programs reduce mortgage costs without increasing taxpayer risk as no money is directly lent. Renewing mortgages more than 6 months before maturity results in early discharge penalties.

Mortgage Broker Vancouver Insurance Premiums protect lenders in case there is default and might apply depending on downpayment size. Isolated or rural properties often require larger down payments and also have higher mortgage rates. Mortgage term life insurance can pay off a home financing balance upon death while disability insurance covers payments if not able to work. Mortgage settlement costs include hips, land transfer tax, title insurance and appraisals. Vancouver Mortgage Broker default rates have remained relatively steady between 0.20% to 0.25% since 1990 despite economic pros and cons. The First-Time Home Buyer Incentive allows 5% deposit without increasing taxpayer risk exposure. Equity sharing programs reduce mortgage costs without increasing taxpayer risk as no amounts is directly lent.
0

Posted by on in Uncategorized
The CMHC and also other regulators have tightened mortgage lending rules several times to cool markets and build buffers. Accelerated biweekly or weekly mortgage payments shorten amortization periods faster than monthly. High Ratio Mortgages require mandated insurance when buyers contribute under 20 percent property value carrying higher premiums. The CMHC mortgage calculator can estimate carrying costs and amortization schedules for prospective homeowners. Variable-rate mortgages are less costly initially but leave borrowers susceptible to rising interest levels over time. Lengthy extended amortization periods over 25 years or so substantially increase total interest costs. Lenders assess employment stability and income sources as borrowers with variable or self-employed income often face more scrutiny. First Nation members purchasing homes on reserve may access federal mortgage assistance programs with better terms.

Borrowers with 20% or higher down on a Best Mortgage Broker Vancouver can never pay for CMHC insurance, saving thousands upfront. Mortgage qualification rules were tightened considerably after 2016 for cooling overheated markets. Lump sum payments from the borrower or increases in property value both help shorten amortization and reduce interest costs as time passes. Mortgage terms usually range from 6 months to ten years, with 5 years most popular. Lump sum mortgage prepayments can be manufactured annually as much as a limit, usually 15% with the original principal amount. The standard mortgage term is a few years but 1 to 10 year terms are available depending on rate outlook as well as. Guarantor mortgages involve an authorized with a good credit rating cosigning to aid borrowers with less adequate income or credit qualify. Careful comparison shopping for the Best Mortgage Broker Vancouver increasing can save a huge number long-term. Bank Mortgage Lending adheres balance principles guided accountability framework ensuring profitability portfolio health. The First-Time Home Buyer Incentive shared equity program reduce the required down payment to only 5% for eligible borrowers.

Closing costs like legal fees, title insurance, inspections and appraisals add 1.5-4% for the purchase price of the home with a Mortgage Brokers Vancouver. Second mortgages reduce available home equity and have much higher interest levels than first mortgages. Mortgage terms usually vary from 6 months to decade, with 5 years most typical. The Bank of Canada overnight lending rate weighs monetary policy objectives like inflation employment goals determining Prime Rate movements directly impacting variable rate and adjustable rate mortgage costs. Mortgage brokers work with multiple lenders to look rates for borrowers and they are paid by lender commissions. The rent vs buy decision depends on comparing monthly ownership costs including home loan repayments to rent amounts. Mortgage Income Verification substantiates total personal financial qualifications beyond standard employment including additional revenue streams. Debt Consolidation Mortgages allow homeowners to roll other debts into lower-cost financing.

Lower ratio mortgages avoid insurance premiums but require 20% minimum downpayment. Renewing a lot more than 6 months before maturity forfeits any remaining discounted rates and incurs penalties. Porting a mortgage allows transferring a pre-existing mortgage to a new property, saving on closing and discharge costs. Canadians can deduct mortgage interest costs on principal residences off their income for tax purposes. Mortgage Brokers Vancouver BC portability allows borrowers to transfer a pre-existing mortgage to your new property without needing to qualify again or pay penalties. First-time home buyers may be eligible for a land transfer tax rebates and exemptions, reducing purchase costs. Non-conforming borrowers who do not meet mainstream lending criteria may seek mortgages from private lenders at elevated rates.
0

Posted by on in Uncategorized
Mortgage Brokers In Vancouver default insurance fees are added on the loan amount and included in monthly payments. Independent Mortgage Advice from brokers may reveal suitable options those a new comer to financing might otherwise miss. The Bank of Canada features a conventional type of loan benchmark that influences its monetary policy decisions. Mortgage brokers may help find alternatives if declined by banks for a mortgage. The mortgage stress test requires all borrowers prove capacity to spend at higher qualifying rates. Mortgage prepayment charges depend around the remaining term and are based on the penalty interest formula. Mortgage interest expense is mostly not tax deductible for primary residences in Canada. Mortgage interest just isn't tax deductible for primary residences in Canada but may be for cottages or rental properties.

Shorter and variable rate mortgages allow greater prepayment flexibility but less rate certainty. Switching from a variable to a fixed interest rate mortgage typically only involves small penalties in accordance with breaking a fixed term. Mortgage qualification rules have moved away from simple income multiples towards more rigorous stress testing approaches. Home buyers should include Mortgage Brokers In Vancouver default insurance fees when budgeting monthly premiums. Accelerated biweekly or weekly payment schedules on mortgages can shorten amortizations through making an additional month's payment a year. The CMHC provides tools, insurance and education to assist first time homeowners. Canadians moving for work can deduct mortgage penalties, real-estate commissions, legal fees and more against Canadian employment income. High Ratio Mortgages require mandated insurance when buyers contribute below 20 percent property value carrying higher premiums. Second mortgages reduce available home equity and also have much higher rates than first mortgages. The land transfer tax rebate for first-time buyers can be used closing costs or reinvested to accelerate repayment.

First-time home buyers have access to land transfer tax rebates, reduced advance payment options and shared equity programs. Mortgage Refinancing to a lower rate may help homeowners save substantially on interest costs on the amortization period. Insured mortgage default insurance protects approved lenders against shortfalls forced selling foreclosed properties governed by federal oversight and qualifying guidelines of providers like Canada Mortgage and Housing Corporation. Lenders may allow porting home financing to a new property but generally cap the amount at the first approved value. Mortgage fraud, such as inflating income or assets to qualify, can bring about criminal charges or loan default. The standard payment frequency is monthly but accelerated bi-weekly or weekly options save substantial interest. Renewing mortgages a lot more than 6 months before maturity ends in early discharge penalties. Construction Mortgages provide financing to builders while homes get built and sold to end buyers.

Online mortgage calculators allow buyers to estimate costs for several rate, term and amortization options. First-time buyers have use of rebates, tax credits and programs to improve home affordability. Mortgage Refinancing is sensible when interest levels have dropped substantially relative on the old Mortgage Broker In Vancouver rate. Deferred mortgages do not require any payment of principal for an initial period, lowering initial costs for variable income borrowers. Homeowners not able to work due to illness can apply for loan payment disability insurance benefits if they prepared. Construction Mortgages provide funding to builders to advance speculative projects before sale. Reverse Mortgage Broker In Vancouver Underscores specialty product allowing seniors access equity convert real estate property assets retirement income without selling moving.
0

Posted by on in Uncategorized
Stated Income Mortgages were popular prior to housing crash but have mostly disappeared over concerns about income verification. Mortgage pre-approvals outline the pace and amount you borrow offered well ahead from the purchase closing date. Conventional mortgages require 20% deposit to avoid costly CMHC insurance charges. Shorter term and variable rate mortgages often allow more prepayment flexibility but offer less rate stability. The Bank of Canada monitors household debt levels including mortgage borrowing that may impact monetary policy decisions. Mortgage Refinancing is sensible when today's interest levels have meaningfully dropped relative towards the old mortgage. The maximum amortization period pertains to each renewal and cannot exceed the original mortgage length. Fixed rate mortgages with terms under 3 years will have lower rates along with offer much payment certainty.

Mortgage Broker Vancouver brokers often negotiate lower lender commissions to secure discounted rates for clients in accordance with posted rates. The Bank of Canada benchmark overnight rate influences prime rates which impact variable Mortgage Brokers Vancouver BC pricing. Income, credit, downpayment and property value are key criteria assessed when approving mortgages. Lower-ratio mortgages allow avoiding costly CMHC insurance all night . more equity, but require bigger deposit. The interest on variable and hybrid mortgages is tax deductible while fixed rates over several years have limited deductibility. As of 2020, the average mortgage debt in Canada was $252,000, with 67% of households carrying some sort of mortgage debt. Renewing over 6 months before maturity ends in discharge penalties and forfeiting any remaining discount period rates. Mortgage pre-approvals outline the pace and amount borrowed offered well ahead of the purchase closing date. Homeowners unable to work as a result of illness can apply for loan payment disability insurance benefits if they prepared. Specialist Mortgage Broker Consultations conveniently explore products lenders comparing proposals aligned needs navigating documentation intricacies facilitating competitive executions bespoke situations.

Federal banking regulations are hoping to ensure loan companies offering mortgage products have strong risk and debt service ratio management frameworks in place to advertise market stability. The mortgage prepayment penalty or interested rate differential details compensation fees breaking contracts before maturity assessed comparing posted rates less discount negotiated originally cost lender future interest revenue. The CMHC provides home Mortgage Brokers Vancouver insurance to lenders allow high ratio, lower down payment mortgages essental to many first buyers. Non-resident foreigners face restrictions on getting Canadian mortgages and often require larger first payment. Reverse mortgages allow seniors gain access to home equity and never having to make payments. First-time buyers have entry to land transfer tax rebates, lower minimum down payments and innovative programs. Second mortgages routinely have shorter amortization periods of 10 or 15 years in comparison with first mortgages. Renewing past an acceptable limit ahead of maturity brings about early discharge fees and lost interest savings.

Mobile Home Mortgages finance cheaper factory-made movable dwellings that appreciate less after a while. Canadians moving can often port their mortgage to a new property if staying using the same lender. The Bank of Canada overnight lending rate weighs monetary policy objectives like inflation employment goals determining Prime Rate movements directly impacting variable rate and adjustable rate mortgage costs. Low Ratio Mortgages require home loan insurance only when purchasing with less than 25 percent down payment. Defined Mortgage Broker Vancouver BC terms outline set payment and rate commitments, typically which range from 6 months up to ten years, whereas open terms permit flexibility adjusting rates or payments any moment suitable for sophisticated homeowners anticipating changes. The mortgage payment insurance premium for high ratio mortgages depends on factors like property type and borrower's equity. The First Home Savings Account allows buyers to save as much as $40,000 tax-free to get a home purchase deposit.
0

Posted by on in Uncategorized
Mortgage default insurance protects lenders while allowing high ratio mortgages with under 20% down. Uninsured mortgage options exempt mandated insurance fees improve cash flows those able demonstrate minimum 20 percent down payments or home equity levels whereas insured mortgage criteria required ratios below benchmarks. Mortgage brokers may assist borrowers who have been declined elsewhere using alternative qualification requirements. Switching Mortgages right into a different product provides flexibility and cashflow relief when financial circumstances change. B-Lender Mortgages include higher rates but provide financing when banks decline. First-time house buyers have entry to land transfer tax rebates, lower minimum first payment and more. The maximum amortization period has declined from 40 years prior to 2008 down to twenty five years now. Comparison mortgage shopping between banks, brokers and lenders could very well save tens of thousands.

Payment frequency options include monthly, accelerated weekly or biweekly schedules to cut back amortization periods. The First Time Home Buyer Incentive reduces monthly costs through shared CMHC equity with no ongoing repayment. Mortgage Default Insurance helps protect the lending company in case borrowers fail to pay back the loan. Mortgage Renewals allow existing homeowners to refinance their Vancouver Mortgage Brokers when their original term expires. First-time homeowners should research mortgage insurance options and associated premium costs. Switching lenders at renewal may provide rate of interest savings but involves discharge and setup costs like hips. Mortgage Loan Amortization Scheduling allows borrowers to customize repayment terms that meet their cashflow needs. Prepayment privileges allow Mortgage Broker Vancouver holders to pay down a mortgage faster by increasing regular payments or making one time payments. Canadian mortgages are securitized into mortgage bonds bringing new funding and creating savings to borrowers. The Office in the Superintendent of Financial Institutions oversees federally regulated mortgage lenders to ensure adherence with responsible lending laws, capital reserve rules, privacy policies, public interest procedures and financial literacy.

B-Lender Mortgages are supplied by specialized subprime lenders to riskier borrowers struggling to qualify at banks. Conventional mortgages require 20% first payment to avoid costly CMHC insurance costs. Comparison mortgage shopping between lenders may potentially save thousands long-term. Mortgage loan insurance protects lenders from the risk of borrower default. Lump sum Mortgage Brokers Vancouver BC payments can only be made on the anniversary date for closed mortgages, open mortgages allow any moment. Mortgage lenders review loan-to-value ratios according to property valuations to control loan exposure risk. Mortgage Pre-approvals give buyers confidence to generate offers knowing they are able to secure financing. Mortgages exceeding 80% loan-to-value require insurance even for repeat home buyers.

The minimum deposit doubles from 5% to 10% for brand spanking new insured mortgages over $500,000. Closing costs typically vary from 1.5% to 4% of an home's price. Longer 5+ year mortgage terms reduce prepayment flexibility but offer payment stability. Careful comparison shopping for the best Mortgage Brokers Vancouver BC rates can save a huge number long-term. Income, credit, advance payment and property value are key criteria assessed when approving mortgages. Mandatory home loan insurance for high ratio buyers offsets elevated default risks related to smaller first payment in order to facilitate broader use of responsible homeowners. Porting home financing allows transferring an existing mortgage with a new property, saving on closing and discharge costs.
0

Supporters


The St. Charles Cigar Club would like to thank those companies that have graciously supported us and helped us get to where we are today.  If it were not for the support of these great businesses, we may not be here today. 

We therefore ask that if at all possible, you please show your appreciation by supporting the following companies and thank them for us.

Complete Auto Body
Truck & RV Repair

 

Packages


The St. Charles Cigar Club would like to help you make your next event even more memorable.  For this reason we offer multiple packages to fit your budget and needs to give your guest an unique cigar experience they will always remember.  Please feel free to contact us to specialize a package for your special event as well as all day or multi-day events.

  All rentals are 3 hour minimum   All alcohol is BYOB
  Cigar costs are separate   Outdoor Seating
Gold Package
$ 200.00 per Hour


Two Servers
Outside Seating
 
Bronze Package
$ 100.00 per Hour


One Server

Planning a tailgating event, see our Sporting Events page for more information.

Joomla Template: from JoomlaShack