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

Documents / Income / Mortgage Renewal / Purchase / Qualifying / Refinance / Rental Properties

Qualifying for a mortgage while you’re self-employed

There is no denying that the mortgage borrowing landscape is changing. One of the product lines that saw repeated revisions was the self-employed mortgage niche.  In the mortgage world, you are self-employed if you own a portion or all of the business you derive your income from. Self-employed status can also include contract employees who … Continue reading

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

Would you book your mortgage online?

I was just talking with one of my previous clients, who is now a friend, about the trip to Peru she had recently booked through a travel agency. At one point she said  everyone knows what a travel agent does, however, reminded me she didn’t know what a mortgage broker did until her friend suggested … Continue reading