Mortgage fact or fiction?
Bankruptcy / Credit / Debts / Documents / Downpayment / Income / Lenders / Purchase / Qualifying / Refinance

Mortgage fact or fiction?

A mortgage is not a subject we learn about in high school, although I wish it was. Credit, interest rates and qualifying for a mortgage will affect your lifestyle going forward, however, where is one supposed to learn about this? Some hear about them through friends or family, or maybe online, though the mortgage market … Continue reading

5 Specialty Mortgage Products You Don’t Know About
Broker vs. Bank / Documents / Downpayment / Insurance / Lenders / Mortgage Renewal / Purchase / Qualifying / Rates & Terms / Refinance

5 Specialty Mortgage Products You Don’t Know About

  If you’re like most borrowers, you don’t need to go shopping for a mortgage very often. You’ll likely need home financing only a handful of times in your life and you may not know about the entire suite of specialty mortgage products that are available to you right now. Aside from using an experienced … Continue reading

Second Homes & Vacation Properties
Credit / Documents / Downpayment / Insurance / Lenders / Purchase / Qualifying / Rates & Terms / Refinance / Rental Properties

Second Homes & Vacation Properties

The economy is improving and recreational property purchases seem to be on the rise. Low interest rates, employment confidence and a rising Canadian dollar are what’s driving the interest to buy additional properties. Though before you go cottage shopping, let’s chat about mortgage financing as it’s a little different than getting the mortgage for your … Continue reading

Dressing up your mortgage
Broker vs. Bank / Documents / First Time Home Buyer / Insurance / Lenders / Purchase / Rates & Terms / Rental Properties

Dressing up your mortgage

Put your Power Team together like your Power Outfit The roles and responsibilities of those involved in a typical home purchase transaction can be likened to the components of picking out a trendy outfit. I’ll highlight the similarities between both while at the same time setting the expectations you should look for from all parties … Continue reading

More Mortgage Insurance Changes
Credit / Documents / Downpayment / First Time Home Buyer / Income / Insurance / Lenders / Market Updates / New to Canada / Purchase / Qualifying / Rates & Terms

More Mortgage Insurance Changes

This article applies to you if you’re planning to buy a home with less than a 20% downpayment as I’m sure many of you already know the high ratio default mortgage insurance premiums are going up effective May 1st, 2014.  It was also recently announced there will be further mortgage insurance changes effective May 30th … Continue reading