The Right Way To Buy A Condo
Documents / First Time Home Buyer / Lenders / New to Canada / Pre-Approvals / Purchase / Qualifying / Rental Properties

The Right Way To Buy A Condo

  A condo or condominium is one of a group of housing units where each homeowner owns their individual unit space, and all the dwellings share ownership of the common areas. Condos can include high-rise or low-rise apartment units, townhomes and some duplexes depending on how the title is registered. The biggest difference between a … Continue reading

First Time Home Buyers: 10 Tips You Need To Know
Credit / Documents / Downpayment / First Time Home Buyer / Income / Lenders / New to Canada / Pre-Payment / Purchase / Qualifying

First Time Home Buyers: 10 Tips You Need To Know

When you’re buying and financing your first home, usually it’s the big stuff like income, downpayment and credit that can cause the most anxiety. As a result, the small stuff can sometimes get overlooked. Avoid having to go back and forth with your lender by being prepared for the mortgage process and checking out these … Continue reading

Downpayment / First Time Home Buyer / Insurance / Market Updates / New to Canada / Pre-Approvals / Purchase / Qualifying / Rules

Mortgage Insurance Changes: Downpayment

You may have already heard about the upcoming rule change affecting the minimum downpayment on insured mortgages. I want to break it down so it’s clear how this new change affects your current and future mortgage financing options. Who & What There has been an increase to the minimum downpayment required for properties with a purchase … Continue reading

2016: Time For A Mortgage Check-Up
Credit / Documents / Income / Mortgage Renewal / Pre-Approvals / Pre-Payment / Qualifying / Quizzes / Rates & Terms / Refinance / Rental Properties

2016: Time For A Mortgage Check-Up

Welcome to 2016! Looking back on the last year, we’ve seen mortgage rates remain relatively unchanged, home values stayed steady and a new mortgage rule change was announced with its debut happening in February 2016. While weight-loss and getting organized are the top resolutions, spending less and saving more follow closely behind. On that note, … Continue reading

Divorce? Separation? Common-Law Splitting Up?
Credit / Debts / Documents / Income / Purchase / Qualifying / Refinance

Divorce? Separation? Common-Law Splitting Up?

Here is what will happen with the mortgage If you have financed a home with a sibling, partner or spouse, common law or married, and have decided to part ways; read on.  Based on my experience, the most stressful issue in a relationship breakdown is what to do about the jointly owned home and mortgage. … Continue reading