Has your mortgage planner showed you how to save interest cost when making your payment frequency choice?

We get it - there are loads of opinions out there about what kind of mortgage you should have, but at River City Financial, our mortgage planners believe in getting theirr clients the mortgage that works best for them. Part of that is determining what payment...

4 Types of Insurance Related to Owning a Home

Purchasing a home can be overwhelming enough, never mind all of the different types of insurance that you need to protect your new investment. Many first-time homebuyers are left confused about what type of coverage they need, how much coverage they need, and who to get...

Are you covered in case of an injury or illness?

In an effort to serve you better and to ensure that you have adequate coverage to protect your mortgage, I would like to introduce you to a new addition at River City Financial.

Robert Gibson is our resident insurance expert, specializing in Life & Disability Insurance. In addition to his insurance license, he is also a licensed mortgage planner.

Robert has over 8 years of experience in the disability aspect of insurance, which is probably the most required, yet most overlooked insurance product out there today.

Income protection replaces your paycheque when you are sick or injured and unable to earn an income, and thus unable to pay that monthly mortgage bill.

It is a simple, effective program that can provide up to $6000 / month if an injury or illness disability befalls you. You are also covered up until 70 years of age.

Best of all, this coverage is 24/7/365, so you are protected against injury whether it occurs on or off the job.

Think about this for moment:

Do you drive a car, motorcycle, ATV, or a boat?

Do you play sports like hockey, baseball, or mountain climb?

Do you work on or build things around the house or cottage?

These are all areas where an injury can occur, and they are not covered under your employment insurance, yet could very well keep you from earning an income.

Should I Buy a House or a Condo?

The two keys to getting a home that you love are as follows: getting approved for the right mortgage and deciding what type of home will suit your lifestyle. One of the most asked questions we hear at River City Financial is, "Should I buy a...