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

8 Mortgage Secrets Everyone Should Know
Bankruptcy / Broker vs. Bank / Credit / Documents / Downpayment / Insurance / Lenders / New to Canada / Pre-Payment / Purchase / Qualifying / Rates & Terms / Refinance

8 Mortgage Secrets Everyone Should Know

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. Some hear about them through friends, family or the Internet. My concern with this is the mortgage market is a changing … Continue reading

Should You Buy Your First Rental Property?
Downpayment / Lenders / Purchase / Qualifying / Rates & Terms / Rental Properties

Should You Buy Your First Rental Property?

  TAKE THE QUIZ NOW Alberta is a hot spot these days, leading the way in real estate and dominating the news as an appealing oasis for foreign investors. We have lots of space, our vacancy rates are low, a new arena is going in and new housing starts are strong. I wouldn’t be surprised if … 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

5 Signs you’re ready to buy your first home
Broker vs. Bank / Credit / Documents / Downpayment / First Time Home Buyer / Lenders / Pre-Approvals / Purchase / Qualifying / Quizzes / Rates & Terms

5 Signs you’re ready to buy your first home

Ready or Not? Home ownership is likely both the largest asset and debt most people will take on in their lifetimes, so it is not a commitment to be entered into lightly. While buying your first home is thrilling, your excitement should not be overshadowed by the responsibility that comes with owning versus renting. If … Continue reading