How to fill out a mortgage application
Credit / Documents / Lenders / New to Canada / Purchase / Qualifying / Rental Properties

How to fill out a mortgage application

  The mortgage credit application is a very important document as it’s the foundation on which the rest of the financing is built. This document is referred to when preparing the applicant for approval and used to determine what kind of supporting paperwork may be requested. This article isn’t about the strength of the application; … Continue reading

What paperwork will I need to get a mortgage approval?
Credit / Documents / Downpayment / First Time Home Buyer / Lenders / New to Canada / Purchase / Refinance

What paperwork will I need to get a mortgage approval?

When it comes to applying for a mortgage, this is the second question I hear the most often, after ‘what is your best rate?’ As not every mortgage is alike, neither are all the requirements. Having said that, there are some documents that every mortgage approval requires and below is a list of the most … Continue reading

8 Mortgage tidbits you might not know
Credit / Debts / Documents / First Time Home Buyer / Income / Pre-Payment / Purchase / Qualifying

8 Mortgage tidbits you might not know

This week I want to share a few of the less talked about mortgage topics, the ones that don’t usually come up until you have already started into the mortgage process. Keep in mind a good portion of this information is based on my own thoughts and experiences and should not replace the benefits of … Continue reading

How To Get A Mortgage
Credit / Documents / Downpayment / First Time Home Buyer / Lenders / Pre-Approvals / Pre-Payment / Purchase / Qualifying / Refinance

How To Get A Mortgage

The Mortgage Process in 10 Steps Taking on new debt like a car loan, a new credit card or a small line of credit is pretty easy. It usually takes minimal income documentation, some discussion of interest rate and a signature or two on the dotted line. Qualifying for a mortgage to purchase a home … Continue reading

Picking A Property
Documents / Downpayment / First Time Home Buyer / Lenders / New to Canada / Purchase / Qualifying / Rental Properties

Picking A Property

What’s the difference between the financing for each? You can’t get a mortgage without a property. I am going to discuss the mortgage financing for two different types of property under residential mortgage financing. A single detached home is a solitary freestanding building, also known as a single-family dwelling; it is usually occupied by 1 … 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

Documents / First Time Home Buyer / Lenders / Pre-Approvals / Purchase / Qualifying / Rates & Terms / Rental Properties

Condo vs. House

What’s the difference between the financing for each? You can’t get a mortgage without a property. For residential mortgage financing, we are going to discuss the mortgage financing for 2 different types of property. A single detached home is a solitary freestanding building, also known as a single-family dwelling; it is usually occupied by 1 … Continue reading