JENN SCHILL MORTGAGE TEAM

Let's work together to get you the best mortgage available.

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Our Services

Home Purchase | Refinance | Renewal
Whatever your mortgage needs, we have both the desire and the experience to make sure you get the best product and counsel available.


STEP ONE
Start the conversation. 

The best place to start is to connect with us directly. The mortgage process is personal, and it can be daunting. Our commitment to you is that we'll listen to all your needs, assess your financial situation, and provide you with a plan to move forward. 

STEP TWO
Choose the best option. 

Once we’ve had a look at your financial situation, we’ll consider a variety of mortgage options, We’ll outline what documents are necessary to qualify for a mortgage, negotiate with the lenders on your behalf, and arrange the mortgage that best suits your needs.

STEP THREE
Sit back and relax. 

Once we’ve arranged the mortgage product that best suits your needs, you’re not alone. We’re your mortgage consultants for life. If you’ve got questions in the years to come, we're always available to make sure that your mortgage is working for you, and not the other way around!

Jenn Schill

Mortgage Consultant

Hey there…Jenn Schill here! A little about me…I am married to my best friend Matt Schill and we have 2 amazing children, Grace and Gus. I live and work in beautiful White Rock South Surrey and I am blessed to have an amazing village of family and friends.


I have been a mortgage broker since 2008 and I absolutely love what I do. As an independent Mortgage Consultant, I have access to over 50 financial institutions and I work with you to create a personalized plan based on your needs right now and ensure you are in the right product for the short and long term. 


So give me a call or shoot me an email and let’s get started!

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Buddy Johnson

Mortgage Consultant

I've known Buddy for over 3 years and what has always stood out to me is his drive and focus in everything he puts his mind to. When he completed the Mortgage Brokers Course offered through UBC to become a Licensed Mortgage Consultant, I did not hesitate to offer him a position to be a part of my team. 

Speaking of teams, if this face looks familiar it may be because you have seen this Fan Favorite playing for the Surrey Eagles - our local BCHL Hockey Team! In the hockey world Buddy is known as a hard worker and strong team player and he is a true asset to my team and will be to yours.
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Liz Bowman

Executive Assistant

First impression of the beautiful Liz is her vibrant personality - you are instantly put at ease with her calm and caring nature. 

Pre-pandemic, you would find Liz travelling the world as a flight attendant with Air Canada. Her love of travel, culture and connection remain at the core of who she is. She is passionate about creating whether that be music, taking photos, making videos, painting or graphic and interior design - there isn’t anything this woman can’t do and every task given she will give back 110%. She is such an incredible addition to the team and makes my life way easier! 
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Lenders

We've developed excellent relationships with many lenders across the country. 
Let's figure out which one has the best product for you. 

Mortgage Articles


By Jenn Schill 06 Nov, 2024
If you’re looking to do some home renovations but don’t have all the cash up front to pay for materials and contractors, here are a few ways to use mortgage financing to bring everything together. Existing Home Owners - Mortgage Refinance Probably the most straightforward solution, if you’re an existing homeowner, would be to access home equity through a mortgage refinance. Depending on the terms of your existing mortgage, a mid-term mortgage refinance might make good financial sense; there’s even a chance of lowering your overall cost of borrowing while adding the cost of the renovations to your mortgage. As your financial situation is unique, it never hurts to have the conversation, run the numbers, and look at your options. Let’s talk! If you're not in a huge rush, it might be worth waiting until your existing term is up for renewal. This is a great time to refinance as you won’t incur a penalty to break your existing mortgage. Now, regardless of when you refinance, mid-term or at renewal, you’re able to access up to 80% of the appraised value of your home, assuming you qualify for the increased mortgage amount. Home Equity Line of Credit Instead of talking with a bank about an unsecured line of credit, if you have significant home equity, a home equity line of credit (HELOC) could be a better option for you. An unsecured line of credit usually comes with a pretty high rate. In contrast, a HELOC uses your home as collateral, allowing the lender to give you considerably more favourable terms. There are several different ways to use a HELOC, so if you’d like to talk more about what this could look like for you, connect anytime! Buying a Property - Purchase Plus Improvements If you’re looking to purchase a property that could use some work, some lenders will allow you to add extra money to your mortgage to cover the cost of renovations. This is called a purchase plus improvements. The key thing to keep in mind is that the renovations must increase the value of the property. There is a process to follow and a lot of details to go over, but we can do this together. So if you’d like to discuss using your mortgage to cover the cost of renovating your home, please connect anytime!
By Jenn Schill 30 Oct, 2024
Buying your first home is a big deal. And while you may feel like you’re ready to take that step, here are 4 things that will prove it out. 1. You have at least 5% available for a downpayment. To buy your first home, you need to come up with at least 5% for a downpayment. From there, you’ll be expected to have roughly 1.5% of the purchase price set aside for closing costs. If you’ve saved your downpayment by accumulating your own funds, it means you have a positive cash flow which is a good thing. However, if you don’t quite have enough saved up on your own, but you have a family member who is willing to give you a gift to assist you, that works too. 2. You have established credit. Building a credit score takes some time. Before any lender considers you for mortgage financing, they want to see that you have an established history of repaying the money you’ve already borrowed. Typically two trade lines, for a period of two years, with a minimum amount of $2000, should work! Now, if you’ve had some credit issues in the past, it doesn’t mean you aren’t ready to be a homeowner. However, it might mean a little more planning is required! A co-signor can be considered here as well. 3. You have the income to make your mortgage payments. And then some. If you’re going to borrow money to buy a house, the lender wants to make sure that you have the ability to pay it back. Plus interest. The ideal situation is to have a permanent full-time position where you’re past probation. Now, if you rely on any inconsistent forms of income, having a two-year history is required. A good rule of thumb is to keep the costs of homeownership to under a third of your gross income, leaving you with two-thirds of your income to pay for your life. 4. You’ve discussed mortgage financing with a professional. Buying your first home can be quite a process. With all the information available online, it’s hard to know where to start. While you might feel ready, there are lots of steps to take; way more than can be outlined in a simple article like this one. So if you think you’re ready to buy your first home, the best place to start is with a preapproval! Let's discuss your financial situation, talk through your downpayment options, look at your credit score, assess your income and liabilities, and ultimately see what kind of mortgage you can qualify for to become a homeowner! Please connect anytime; it would be a pleasure to work with you!
By Jenn Schill 23 Oct, 2024
Bank of Canada reduces policy rate by 50 basis points to 3¾%. FOR IMMEDIATE RELEASE Media Relations Ottawa, Ontario October 23, 2024 The Bank of Canada today reduced its target for the overnight rate to 3¾%, with the Bank Rate at 4% and the deposit rate at 3¾%. The Bank is continuing its policy of balance sheet normalization. The Bank continues to expect the global economy to expand at a rate of about 3% over the next two years. Growth in the United States is now expected to be stronger than previously forecast while the outlook for China remains subdued. Growth in the euro area has been soft but should recover modestly next year. Inflation in advanced economies has declined in recent months, and is now around central bank targets. Global financial conditions have eased since July, in part because of market expectations of lower policy interest rates. Global oil prices are about $10 lower than assumed in the July Monetary Policy Report (MPR). In Canada, the economy grew at around 2% in the first half of the year and we expect growth of 1¾% in the second half. Consumption has continued to grow but is declining on a per person basis. Exports have been boosted by the opening of the Trans Mountain Expansion pipeline. The labour market remains soft—the unemployment rate was at 6.5% in September. Population growth has continued to expand the labour force while hiring has been modest. This has particularly affected young people and newcomers to Canada. Wage growth remains elevated relative to productivity growth. Overall, the economy continues to be in excess supply. GDP growth is forecast to strengthen gradually over the projection horizon, supported by lower interest rates. This forecast largely reflects the net effect of a gradual pick up in consumer spending per person and slower population growth. Residential investment growth is also projected to rise as strong demand for housing lifts sales and spending on renovations. Business investment is expected to strengthen as demand picks up, and exports should remain strong, supported by robust demand from the United States. Overall, the Bank forecasts GDP growth of 1.2% in 2024, 2.1% in 2025, and 2.3% in 2026. As the economy strengthens, excess supply is gradually absorbed. CPI inflation has declined significantly from 2.7% in June to 1.6% in September. Inflation in shelter costs remains elevated but has begun to ease. Excess supply elsewhere in the economy has reduced inflation in the prices of many goods and services. The drop in global oil prices has led to lower gasoline prices. These factors have all combined to bring inflation down. The Bank’s preferred measures of core inflation are now below 2½%. With inflationary pressures no longer broad-based, business and consumer inflation expectations have largely normalized. The Bank expects inflation to remain close to the target over the projection horizon, with the upward and downward pressures on inflation roughly balancing out. The upward pressure from shelter and other services gradually diminishes, and the downward pressure on inflation recedes as excess supply in the economy is absorbed. With inflation now back around the 2% target, Governing Council decided to reduce the policy rate by 50 basis points to support economic growth and keep inflation close to the middle of the 1% to 3% range. If the economy evolves broadly in line with our latest forecast, we expect to reduce the policy rate further. However, the timing and pace of further reductions in the policy rate will be guided by incoming information and our assessment of its implications for the inflation outlook. We will take decisions one meeting at a time. The Bank is committed to maintaining price stability for Canadians by keeping inflation close to the 2% target. Information note The next scheduled date for announcing the overnight rate target is December 11, 2024. The Bank will publish its next full outlook for the economy and inflation, including risks to the projection, in the MPR on January 29, 2025. Read the October 23rd, 2024 Monetary Report.
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We found the house of our dreams and didn’t know how we were going to be able to purchase it. I own my own business and my wife works seasonally, and we had been into a few banks and were told outright that we would not qualify to purchase for the amount of our dream home.

Our Realtor gave us Jenn’s card and with no expectations, we thought we’d give it one more try. Not only did Jenn get us into our dream home, she was able to secure us a better rate than what the banks were offering. She’s great.

Kelly & Dan

I was given Jenn’s card from my best friend that had met her at a woman’s luncheon. I called Jenn and explained my situation. I was in a high interest rate mortgage and my penalty was enormous. She sat me down, explained everything in a way that I actually understood – she was able to get my penalty reduced by more than 40% and get me into a rate that cut my monthly mortgage payments in half!!! I was on my way to financial ruin and Jenn saved my bacon!

Sherry

I was very overwhelmed with my debt load, trying to manage my mortgage, car payments, and student loans. A dear friend of mine could not say enough great things about Jennifer and how she guided them through the process and literally dialed her number for me. All I can say is thank god she did. She took the time to explain everything and outline my options. She just made the process so easy and stress free. If you're looking for the ultimate professional – Jennifer is it!

Michelle

Jenn was so helpful when we were getting our first mortgage. She explained everything in great detail and made it easy for me to understand. She is trusting, hardworking and a great person to have help you through the process. Thanks Jenn !!!!

Sam

Jenn has been a lifesaver through the process of buying a new home and remortgaging! I have had so many questions and Jenn is always very quick to respond and so helpful making things simple to understand. I would highly recommend!!!

Erin

We have been reaching out to Jenn Schill about all our mortgage needs in the last 15 years. She is amazing - very professional and knowledgable about her field.

She is always quick to respond, with lots of information, knowledge and best options for your unique situation.
She always has a smile on her face and a lot of passion for her work. When working with her, we always feel that we’re in good hands.
She also helped our son, who leaves in Calgary, when he needed information about his mortgage needs.
We feel so lucky to have her as our mortgage specialist and highly recommend her to anyone who needs a real, knowledge professional.
Thank you, Jenn.

Rossitza

I would highly recommend Jenn to take care of your Mortgage needs! Jenn has played a pivotal role in helping me over the years to understand the financial aspects relevant to mortgages and refinancing, especially for women in business. Jenn is always readily available and has a keen sense of professionalism when creating a 'personal plan' most suitable to ones needs! Thanks Jenn

Marci

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