Acreage Properties
Broker vs. Bank / Documents / Downpayment / First Time Home Buyer / Insurance / New to Canada / Pre-Approvals / Purchase / Qualifying / Rates & Terms / Refinance / Rental Properties

Acreage Properties

If you’re thinking of financing a rural property, the mortgage process varies slightly than purchasing a home in the city. While the income and credit guidelines are the same, the property requirements can be quite different. There are also additional document requirements and the lenders tend to be more selective on what and where they … Continue reading

Rental Property Mortgages 101
Credit / Documents / Downpayment / Insurance / Lenders / Purchase / Qualifying / Rates & Terms / Refinance / Rental Properties

Rental Property Mortgages 101

The mortgage market for rental properties has changed drastically over the past few years with multiple new mortgage rules coming into effect. If you’re trying to find mortgage financing for a rental property, here’s a quick summary of some of the most common questions we get when financing rentals.  Further to this, I recommend aligning … Continue reading

Picking The Perfect Mortgage
Credit / Lenders / Mortgage Renewal / New to Canada / Purchase / Qualifying / Rates & Terms / Refinance / Rental Properties

Picking The Perfect Mortgage

Getting a mortgage is likely one of the largest debts you will take on in your lifetime. Picking the right mortgage term, type and length is a crucial step in the financing process. Whether it’s your first or fourth home, you can maximize your homeowner happiness by choosing a mortgage term that is affordable and … Continue reading

More Mortgage Insurance Changes
Credit / Documents / Downpayment / First Time Home Buyer / Income / Insurance / Lenders / Market Updates / New to Canada / Purchase / Qualifying / Rates & Terms

More Mortgage Insurance Changes

This article applies to you if you’re planning to buy a home with less than a 20% downpayment as I’m sure many of you already know the high ratio default mortgage insurance premiums are going up effective May 1st, 2014.  It was also recently announced there will be further mortgage insurance changes effective May 30th … Continue reading