Can I still buy a home if I have bad credit?
Bankruptcy / Credit / Debts / Downpayment / Lenders / Pre-Approvals / Purchase / Qualifying / Rates & Terms

Can I still buy a home if I have bad credit?

YES! You can buy a home- even with bad credit. Your Credit Report is one of the most relevant items a financial institution will use to determine the risk level of lending you money. Your Credit Report indicates to lenders how well you have paid your creditors in the past and they will use this … Continue reading

4 Important questions to ask before applying for a mortgage
Credit / Debts / Documents / Downpayment / Income / New to Canada / Purchase / Qualifying

4 Important questions to ask before applying for a mortgage

A mortgage professional can guide you along the road to financing approval, but it’s up to the borrower to provide directions on the way. What I mean by that is a mortgage professional cannot make the decisions for you, we’re not the ones making the payments. On that note, I believe an educated borrower is … Continue reading

Can I get a mortgage without credit?
Bankruptcy / Credit / Debts / Documents / Downpayment / Lenders / Purchase / Refinance

Can I get a mortgage without credit?

Qualifying for a mortgage should not be too complicated and this week I want to cover a few reasons why a lender could decline a mortgage application. If only one of the below items applies, it’s very likely you can still get a mortgage, however, if your financial profile fits under more than two of … 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

My mortgage renewal was denied! Now what?
Credit / Documents / Lenders / Mortgage Renewal / Qualifying / Rates & Terms / Refinance

My mortgage renewal was denied! Now what?

Getting to the end of your mortgage term only to find your mortgage renewal has been denied can be a tough pill to swallow. Don’t worry yet as there are options. In order to go through the process, you will need to find out some information in order to assess the choices available to you … Continue reading

30 Tips to get your mortgage approved
Credit / Documents / Downpayment / Income / Lenders / Pre-Approvals / Purchase / Qualifying / Refinance

30 Tips to get your mortgage approved

Getting a mortgage is not like going to the grocery store and choosing the package with the lowest rate and best terms, it’s a bit more complicated than that. To help make your trip to the mortgage market go smoothly, I’m going to share 30 quick tips on how to get your mortgage approved. Have your … Continue reading

10 Reasons why a mortgage is declined
Credit / Debts / Documents / Downpayment / Income / Lenders / Purchase / Qualifying / Refinance

10 Reasons why a mortgage is declined

Qualifying for a mortgage should not be complicated, and there are numerous articles written about how to get approved. This week I want to cover a few reasons why a lender could decline a mortgage application. If only one of the below applies, it’s very likely you can still get a mortgage. However, when your … Continue reading

How much do you know about co-signing for a mortgage?
Bankruptcy / Credit / Debts / Documents / First Time Home Buyer / New to Canada / Purchase / Qualifying / Quizzes

How much do you know about co-signing for a mortgage?

  Take the quiz now Co-signing for a mortgage is a big commitment. Whether you are the borrower who needs a co-signer or someone has asked you to co-sign for them in securing a mortgage approval, understanding what is involved is very important. Test your knowledge with our quick quiz;   Do you know what a … Continue reading

I Now Pronounce You Happily Mortgaged
Credit / Debts / Documents / Downpayment / Pre-Approvals / Purchase / Qualifying / Rates & Terms / Refinance

I Now Pronounce You Happily Mortgaged

Okay, maybe that is not the first thing that comes to mind immediately following engagement. If you have marriage on your mind, it’s more likely that you’re probably also thinking about where you’re going to live when you begin your life together. If buying a home versus renting is the direction you would like to … Continue reading