Rent-to-Own
Credit / Documents / Downpayment / First Time Home Buyer / Lenders / New to Canada / Purchase / Qualifying / Rental Properties

Rent-to-Own

What you need to know You may have heard about doing a rent-to-own on furniture, appliances or electronics, but did you know it applies to homes too? It’s not common, though it’s still around, so it’s important to be well informed before you enter into any type of Rent-to-Own Agreement. As a mortgage professional, we … Continue reading

Self-Employed? Here Is The Easiest Way To Get A Mortgage
Broker vs. Bank / Credit / Documents / Income / Insurance / Lenders / Purchase / Qualifying / Rates & Terms / Refinance

Self-Employed? Here Is The Easiest Way To Get A Mortgage

  Getting a mortgage when you are self-employed is different than applying when you are considered to be an employee. I suggest being prepared for the process by addressing some of the items below before you start looking for financing. Keep reading for the step-by-step guide to financing for borrowers who are business-for-self; Step One: … Continue reading

Can you get a mortgage after bankruptcy?
Bankruptcy / Credit / Documents / Purchase / Qualifying / Rates & Terms / Refinance

Can you get a mortgage after bankruptcy?

The quick answer is yes, you can get a mortgage after you have been discharged from a bankruptcy. Though the amount of time you can apply after the date of discharge is dependent on which lender you are applying with. What is Bankruptcy? Bankruptcy is the legal process that allows individuals to obtain debt relief … Continue reading

Getting A Mortgage In 2015
Credit / Documents / Downpayment / Income / Lenders / Market Updates / Mortgage Renewal / Purchase / Qualifying / Rates & Terms / Refinance / Rental Properties / Variable Interest Rates

Getting A Mortgage In 2015

We are halfway into the month of January and the 2015 predictions have come out, so what does the New Year hold for the mortgage market? Let’s take a look at what’s on the radar regarding prices, interest rates and what the lenders are thinking about going forward. Knowing what to expect can be helpful … Continue reading

Credit / Documents / First Time Home Buyer / Lenders / Mortgage Renewal / New to Canada / Purchase / Qualifying / Quizzes / Rates & Terms / Refinance / Rental Properties

How strong is your credit application?

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, review and understanding of any terms and conditions, paperwork to sign, and more that goes along with getting approved for financing. Are you wondering how … Continue reading

Broker vs. Bank / Credit / Documents / Lenders / Mortgage Renewal / New to Canada / Pre-Payment / Purchase / Qualifying / Rates & Terms / Refinance / Rental Properties

7 Mortgage Mistakes to Avoid in 2014

Financing a home is a process most borrowers only go through a few times in their life and it isn’t easy to stay on top of all the of the inns and outs of the financing process these days. If you’re thinking about getting a new mortgage in 2014 or making a change to the … Continue reading

Broker vs. Bank / Credit / Documents / Insurance / Lenders / Mortgage Renewal / Purchase / Qualifying / Rates & Terms / Refinance / Rental Properties

Splitting up or Divorce?

What happens 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. Over the years … Continue reading

Broker vs. Bank / Credit / Documents / Insurance / Lenders / Market Updates / Mortgage Renewal / Pre-Payment / Qualifying / Quizzes / Rates & Terms / Refinance / Rental Properties

Does your mortgage need a check-up?

Rates are on the rise, more mortgage rule changes may be coming and home sales have slowed down. There are multiple reasons which may warrant an audit of your existing mortgage details. Take the quiz below to determine if you need to consult a mortgage professional about a mortgage check-up. 1.     Is your … Continue reading

Broker vs. Bank / Credit / Documents / Lenders / New to Canada / Pre-Payment / Purchase / Qualifying / Rates & Terms / Refinance / Rental Properties

Your mortgage has been declined! Now what?

Alternative Lending 101 If you’re thinking of getting a mortgage, if you are like most of us, you’ve likely done some research to see what’s required in order to be approved. But what happens if you don’t meet ALL the requirements? Welcome to the world of alternative lending. These mortgage offerings are geared towards a … Continue reading