Do Not Sign Your Mortgage Renewal Papers Until You Read This!
Credit / Documents / Lenders / Qualifying / Rates & Terms / Refinance / Variable Interest Rates

Do Not Sign Your Mortgage Renewal Papers Until You Read This!

Did you know the 2016 CMHC survey found that 39% of households automatically renew their mortgage when their term is up? You may be missing the opportunity to find a better deal. If your mortgage is up for renewal within the next 4 months, it’s a good idea to start thinking now about what you’re … Continue reading

7 Signs a line of credit is right for you
Credit / Debts / Downpayment / Income / Mortgage Renewal / Pre-Payment / Purchase / Qualifying / Rates & Terms / Refinance / Rental Properties / Rules / Variable Interest Rates

7 Signs a line of credit is right for you

I was speaking with a friend who recently switched over from a mortgage to a line of credit product; she was surprised she hadn’t done it sooner. It got us talking about the differences between the typical mortgage product and a home equity line of credit. While both have advantages, the line of credit can … Continue reading

7 Quick tips for a better credit score
Credit / Documents / Lenders / Purchase / Qualifying / Rules

7 Quick tips for a better credit score

Your credit score and credit history report are a vital part of the mortgage application process. If you have any credit issues, you may still get mortgage financing though your options might be limited as to who will approve you, and the rate and costs charged could be higher. This week’s article is all about … Continue reading

When is the right time to refinance?
Bankruptcy / Credit / Debts / Documents / Lenders / Mortgage Renewal / Qualifying / Quizzes / Rates & Terms / Refinance

When is the right time to refinance?

If you are stressed about the amount of debts you have or mortgage payment amount(s) you are currently making, it may be time to look at refinancing your home as rates are still low and Edmonton has a stable housing market.  If you’re unsure if it makes financial sense to restructure your current mortgage, a review of … Continue reading

What should you do when your mortgage renews?
Broker vs. Bank / Credit / Documents / Insurance / Lenders / Mortgage Renewal / Qualifying / Quizzes / Rates & Terms / Refinance

What should you do when your mortgage renews?

TAKE THE QUIZ NOW If your mortgage term is ending in the near future, this quiz is for you. You have multiple options come mortgage renewal time and the below questions will provide some direction if you’re undecided on which route to take? 1. Is your mortgage up for renewal within the next 6 months? … Continue reading