Credit / Documents / Downpayment / Insurance / Lenders / New to Canada / Purchase / Qualifying / Rates & Terms / Rental Properties

9 Tips for a stress free closing

You know the saying “the devil is in the details”; well it applies to the mortgage process too. When you’re buying or refinancing a home, usually it’s the big stuff like income, downpayment, and credit that can cause the most anxiety and as a result, the small stuff can sometimes get overlooked. Instead of having … Continue reading

Credit / Documents / Lenders / Purchase / Qualifying / Rental Properties

Buying a Rental Property

Whether this is your first revenue property purchase or your 5th, it’s always helpful to know what to expect when it comes to financing. This week, I’m going to briefly detail what you need to know about qualifying for a rental property mortgage. The below guidelines can apply to both a new purchase or a … Continue reading

Credit / Debts / Documents / Downpayment / Income / Market Updates / Purchase / Qualifying / Rental Properties

Qualifying: Then and Now

When it comes to qualifying for a mortgage, there is a big difference from a couple of years ago and now. The recent mortgage rule changes coupled with a curve in the housing market has affected all areas of the mortgage application and I want to highlight a few key differences that are impacting approvals … Continue reading

Broker vs. Bank / Credit / Documents / Insurance / New to Canada / Purchase / Qualifying / Rates & Terms

New-to-Canada? 4 must-know mortgage facts

If you’re new to Canada, one of your first priorities will likely be to find a place to live. If you’re uncertain about which city you want to reside in, renting may be a good idea at first as this will allow you to experience life in multiple locations without having to deal with the … Continue reading