Meet Mohamad, Ourboro’s Full Stack Developer! 💻 💃 Mohamad can take the lead both when salsa dancing and when building out a new application. Learn more about the person making sure our website, portals, and resources are bug-free below! Ourboro.com/meet-mohamad 🔗
Ourboro
Financial Services
Toronto, Ontario 2,228 followers
We help fulfill your dream of homeownership by eliminating the down payment gap
About us
Ourboro is on a mission to help Canadians fulfill their dream of home ownership by eliminating the down payment gap. We invest in your home alongside you, no additional debt, no interest and no monthly payments. To learn more, visit us at Ourboro.com
- Website
- https://ourboro.com/
External link for Ourboro
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- Toronto, Ontario
- Type
- Privately Held
- Founded
- 2018
- Specialties
- Homeownership, Homeownership Investment, Down Payment Funding, Home Equity Finance, Equity Sharing, Financial Capital Management, Real Estate, FinTech, and PropTech
Locations
- Primary
34 Minowan Miikan Lane
Toronto, Ontario M6J 0G3, CA
Employees at Ourboro
Updates
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🏡 Did you know that Ourboro has an ongoing partnership with the Co-operators? Once you become a homeowner with us, the Co-operators offers not only home insurance, but plenty of other services to help make your homeowning journey as smooth as possible. Alex Kjorven sat down with Finance and Insurance Advisor, Peter Garthside, CIM®, from the Co-operators, to discuss what those services are and what makes this partnership the perfect match. 🔗 You can watch the full video below! #insurance #Ourboro #cooperators #mortgage #downpayment https://lnkd.in/g9stGMua
Talking Insurance with Peter Garthside from Co-operators
https://www.youtube.com/
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According to RBC’s most recent housing affordability report, it’s the “toughest time ever to afford a home." Here’s a breakdown of the institution’s housing stats from the fourth quarter of 2023. 👇 🏡 At the end of 2023, a median-income household needed to spend 63.5% of their earnings to own an average market price home. 📈 The monthly mortgage payment for a $796,300 home increased by 3.3% to $3,990. 💭 RBC predicts the average household income needed to purchase a home will drop to mid-2022 levels by 2025. 🔗 Read the full article below. #RBC #canadianhousingmarket #downpayment #mortgage #coinvestmnet https://lnkd.in/gkGRg_iX
Toughest time ever to afford a home as soaring interest costs keep raising the bar - RBC Thought Leadership
thoughtleadership.rbc.com
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The Co-ownership Journey: Like many Torontonians, Marcel Padilla was living in a studio apartment in the downtown core, but he was ready to find a place that would feel like home for him and his spouse 🏡. 🔗 Read about how Ourboro helped make that happen below. #coownership #homebuyer #homeowner #Toronto #realestate #downpayment https://lnkd.in/eYutMXXr
The Co-ownership Journey: Finding a Place to Call Home in Toronto
https://ourboro.com
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Ourboro reposted this
The latest headlines: - Financial experts see less risk of an imminent recession - HomeEquity Bank CEO Steven K. Ranson FCPA, FCA to retire - Ourboro surpasses 100 co-invested homes - Mortgage arrears holding steady - 1.3M more homes needed by 2030, says PBO
Latest in Mortgage News: Financial experts see less risk of an imminent recession
https://www.canadianmortgagetrends.com
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Our Referral Partner of the Month, Melissa Dreaddy, sat down with Co-Buy Specialist, Jackie Ellis, to talk about her personal experience with co-ownership, the benefits of owning versus renting, and how #Ourboro has helped her clients break into the market sooner. 🔗 You can watch the full video below! #cobuy #housingmarket #coinvestment #sharedequity #torontorealestate https://lnkd.in/gQAkDt6B
Talking Real Estate and Co-investment with Referral Partner Melissa Dreaddy
https://www.youtube.com/
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Ourboro reposted this
To celebrate reaching our 100 Home milestone, we dug into the numbers and analyzed the impact #Ourboro has already had on our co-owners 🎉. 🗺️ 54% of our co-owners bought in the regions they already called home. 🏡 56% of our #coowners identify as visible minorities and 47% were born outside of Canada. 📈 Our co-owners’ net worth is expected to rise by $270K+ per household over the next 10 years. Check out our full article below to unlock even more insights into Ourboro’s first 100 co-owners. 🔗 #homebuyer #sharedequity #coinvestment #homeowner https://lnkd.in/gVqdDC9K
Breaking ground: Insights from Ourboro’s first 100 co-owners
https://ourboro.com
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To celebrate reaching our 100 Home milestone, we dug into the numbers and analyzed the impact #Ourboro has already had on our co-owners 🎉. 🗺️ 54% of our co-owners bought in the regions they already called home. 🏡 56% of our #coowners identify as visible minorities and 47% were born outside of Canada. 📈 Our co-owners’ net worth is expected to rise by $270K+ per household over the next 10 years. Check out our full article below to unlock even more insights into Ourboro’s first 100 co-owners. 🔗 #homebuyer #sharedequity #coinvestment #homeowner https://lnkd.in/gVqdDC9K
Breaking ground: Insights from Ourboro’s first 100 co-owners
https://ourboro.com
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Interested in learning how you can help your buyers become owners through #coownership? Join our next Referral Partner Training Session, happening on April 25th, where we'll share our motivation and goals for creating #Ourboro, how our program works, who qualifies, and more. 🔗 RSVP at Ourboro.com/events today! #sharedequity #downpayment #coinvestment #realestate
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🗣️ Our own Alex Kjorven joined CP24 live to discuss the government's newly announced first-time homebuyer incentives, including a 30-year amortization period on new builds and larger RRSP withdrawals. Watch the full interview below! #firsttimehomebuyer #realestate #canada #mortgage https://lnkd.in/g-XAb_Sx
Canada will allow 30-year amortization for first-time buyers
https://www.youtube.com/