Credit / Downpayment / First Time Home Buyer / Income / Lenders / Mortgage Renewal / New to Canada / Pre-Approvals / Purchase / Qualifying / Quizzes / Rates & Terms / Refinance / Rental Properties / Rules / Variable Interest Rates

Which Rate Is Right For You?

Picking an interest rate and mortgage term that is right for you can be a daunting task for some. First you have to decide if you want to take a fixed or variable interest rate, then you need to determine what term length suits you best. In addition to that, you then choose between a … Continue reading

Credit / Documents / Lenders / Purchase / Qualifying / Rental Properties

Buying a Rental Property

Whether this is your first revenue property purchase or your 5th, it’s always helpful to know what to expect when it comes to financing. This week, I’m going to briefly detail what you need to know about qualifying for a rental property mortgage. The below guidelines can apply to both a new purchase or a … 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

Broker vs. Bank / Credit / Insurance / Lenders / Market Updates / Mortgage Renewal / New to Canada / Purchase / Qualifying / Rates & Terms / Refinance

8 Mortgage Myths Debunked

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 affect your lifestyle going forward. So where is one supposed to learn about this stuff? Some hear about them through friends or family, or maybe through … Continue reading

Debts / Downpayment / First Time Home Buyer / Insurance / New to Canada / Pre-Approvals / Pre-Payment / Purchase / Qualifying / Rates & Terms / Refinance / Rental Properties

This or That

Deciding is hard, here’s help! We often receive inquiries from potential borrowers just looking for some preliminary pointers about all of the mortgage options available to them. We usually start out with a discussion about their specific mortgage requirements and home ownership goals as nothing replaces a custom solution. However, if they are not really … Continue reading

Credit / Debts / Downpayment / First Time Home Buyer / Income / Pre-Approvals / Purchase / Qualifying / Quizzes / Rates & Terms

Should I Rent or Buy?

Take the quiz to help you decide! There are 11 questions, all you have to do is write down the letter that best describes you and then count how many of each letter you have. The letter that you have the most of will correspond with an answer at the end of the quiz. I … Continue reading