3 Ways parents can help their children buy a home
Debts / Documents / Downpayment / First Time Home Buyer / Income / Insurance / Lenders / Purchase / Qualifying / Rules

3 Ways parents can help their children buy a home

Becoming a first time homebuyer is a goal that sometimes requires the help of others; in most cases the source of this assistance is the parents of the borrower. I’ve noticed this happening more often as a result of new mortgage rule announcements and higher home prices. There are a few ways for a parent … Continue reading

How to finance a vacation home
Credit / Documents / Downpayment / Income / Insurance / Lenders / Purchase / Qualifying / Rental Properties

How to finance a vacation home

Before you go cottage shopping, let’s chat about the mortgage financing as it’s a little different than getting a mortgage for your primary residence. These types of properties have been affected by the mortgage insurance rule changes too, so now is a great time to review the basics of financing a vacation property or a … Continue reading

What’s the difference between mortgage lenders?
Bankruptcy / Broker vs. Bank / Credit / Documents / Downpayment / Insurance / Lenders / New to Canada / Pre-Payment / Qualifying / Rates & Terms

What’s the difference between mortgage lenders?

If you see getting a mortgage in your future, there are a few different ways to ensure you get approved. After a review of my client’s current financial profile, I will fit them into the A, B or C category of lending. Each of these lender types will charge a variety of different rates, the … Continue reading

8 Mortgage Myths Busted
Bankruptcy / Broker vs. Bank / Credit / Debts / Insurance / Lenders / Pre-Payment / Qualifying / Rates & Terms / Refinance

8 Mortgage Myths Busted

Mortgages are not a subject we learn about in high school, although I wish they were. Credit, interest rates and qualifying for a mortgage are all things that will greatly affect your lifestyle going forward. Most learn about them only when they are ready to buy a home, through friends, family, or the Internet. My concern … Continue reading