Your Current Mortgage Situation Are you a first time home buyer? Yes No
Do you know the difference between a fixed and variable mortgage? Yes No
Is the interest you pay on your mortgage tax deductible? Yes No
Do you currently own Mortgage insurance on your existing mortgage? Yes No
How long do you plan on living in your current home?
What is your current rent or mortgage payment per month?
What Mortgage Payment do you feel comfortable making per month?
Please rank your top five mortgage objectives in order of importance; 1
being most important and 5 being the least important. 1st mortgage objective Lowest monthly payment Lowest closing costs Lowest down payment Consolidate other debt Maximize tax Benefits Pay off mortgage ASAP Improve credit history Other
2nd mortgage objective Lowest monthly payment Lowest closing costs Lowest down payment Consolidate other debt Maximize tax Benefits Pay off mortgage ASAP Improve credit history Other
3rd mortgage objective Lowest monthly payment Lowest closing costs Lowest down payment Consolidate other debt Maximize tax Benefits Pay off mortgage ASAP Improve credit history Other
4th mortgage objective Lowest monthly payment Lowest closing costs Lowest down payment Consolidate other debt Maximize tax Benefits Pay off mortgage ASAP Improve credit history Other
5th mortgage objective Lowest monthly payment Lowest closing costs Lowest down payment Consolidate other debt Maximize tax Benefits Pay off mortgage ASAP Improve credit history Other
Your Professional Advisory Team Accountant
Financial Advisor
Mortgage Agent
Real Estate Agent
Lawyer (Tax/ Estate)
Your Financial Experience Have you reviewed your personal financial plan recently? Yes No
Have you reviewed your Life Insurance in the last two years? Yes No
Do you own personal Disability or Critical Illness Insurance? Yes No
Are you aware of the tax benefits within a Tax Free savings account? Yes No
Do you save 10% of your income towards your retirement goal? Yes No
Financial Goals and Objectives Of your current monthly cash flow: How much is available to use towards
your financial goals: $100 to $500 $500 to $1,000 $1,000 to 2,500 $2,500 to $5,000 $5,000 or more
What percentage of your current income do you foresee requiring in
retirement: 70% 80% 90% 100%
What financial obligations or changes do you foresee in the next 3
years A change in work status Starting or adding to your family Post-secondary school expenses Purchasing a larger home Other
Your ideal but realistic retirement age is: Age 50 Age 55 Age 60 Age 65 Age 70
When it comes to making investment decisions… I often apply my own judgment and experience I am comfortable making all of my own investment decisions I rely entirely on the recommendations of my financial advisors
How would you describe your financial philosophy? Conservative Risk Taker Moderate Risk Taker Risk Taker
Your household income stream is: Very Uncertain Reasonably Secure Very Secure
In priority sequence, select 3 to 5 of the following financial goals which
you consider to be essential: 1st financial goal Travelling with your family Purchasing a new home Paying off your mortgage early Creating an emergency account Improving your current cash flow Investing in stocks, real estate, etc. Minimizing the tax you pay on the income / interest you earn Setting money aside to send your children to post-secondary school? Maintaining your family’s lifestyle in case of death or disability Other
2nd financial goal Travelling with your family Purchasing a new home Paying off your mortgage early Creating an emergency account Improving your current cash flow Investing in stocks, real estate, etc. Minimizing the tax you pay on the income / interest you earn Setting money aside to send your children to post-secondary school? Maintaining your family’s lifestyle in case of death or disability Other
3rd financial goal Travelling with your family Purchasing a new home Paying off your mortgage early Creating an emergency account Improving your current cash flow Investing in stocks, real estate, etc. Minimizing the tax you pay on the income / interest you earn Setting money aside to send your children to post-secondary school? Maintaining your family’s lifestyle in case of death or disability Other
4th financial goal Travelling with your family Purchasing a new home Paying off your mortgage early Creating an emergency account Improving your current cash flow Investing in stocks, real estate, etc. Minimizing the tax you pay on the income / interest you earn Setting money aside to send your children to post-secondary school? Maintaining your family’s lifestyle in case of death or disability Other
5th financial goal Travelling with your family Purchasing a new home Paying off your mortgage early Creating an emergency account Improving your current cash flow Investing in stocks, real estate, etc. Minimizing the tax you pay on the income / interest you earn Setting money aside to send your children to post-secondary school? Maintaining your family’s lifestyle in case of death or disability Other