New-to-Canada Mortgages
Credit / Documents / Downpayment / First Time Home Buyer / Insurance / Lenders / New to Canada / Purchase / Qualifying

New-to-Canada Mortgages

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

How To Have A Stress-Free Mortgage Closing
Credit / Documents / Downpayment / First Time Home Buyer / New to Canada / Pre-Approvals / Pre-Payment / Purchase / Qualifying / Refinance

How To Have A Stress-Free Mortgage 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

What’s the deal with mortgage life insurance?
Broker vs. Bank / Documents / First Time Home Buyer / Insurance / Lenders / New to Canada / Purchase / Refinance

What’s the deal with mortgage life insurance?

If you have a mortgage, you’ve been offered mortgage life and disability insurance, probably more than once! This is different than the high-ratio mortgage insurance required when you have less than 20% downpayment. Whether you went through a bank or worked with a Mortgage Broker for your financing, you’ve signed an insurance acceptance or waiver. … Continue reading

The 5 C’s of Credit
Credit / Documents / Downpayment / First Time Home Buyer / Lenders / Purchase / Qualifying / Refinance

The 5 C’s of Credit

How do you look on paper? When it comes to borrowing money, we’ve come a long way from just a handshake to seal the deal. Now there’s an application process, which includes meeting the qualifying guidelines, understanding any terms and conditions, paperwork to sign, and more that goes along with getting approved for financing. Are … Continue reading