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

Mortgage Payment Basics
Debts / First Time Home Buyer / Income / Lenders / Pre-Payment / Purchase / Qualifying / Rates & Terms / Refinance / Variable Interest Rates

Mortgage Payment Basics

  I’m sure you know what a mortgage payment is; a scheduled repayment plan for the mortgage you’ve obtained on a property. Now let’s look deeper into what a mortgage payment amount actually includes, how payments can vary, and how you can use your mortgage payments to reduce your mortgage principal quicker. I will try to cover … 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

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

New-to-Canada Mortgages
Credit / Documents / Downpayment / First Time Home Buyer / Insurance / Lenders / New to Canada / Purchase / Qualifying

New-to-Canada Mortgages

If you’re new to Canada, one of your first priorities will likely be to find a place to live. If you’re uncertain about which city you want to reside in, renting may be a good idea at first as this will allow you to experience life in multiple locations without having to deal with the … Continue reading

How To Have A Stress-Free Mortgage Closing
Credit / Documents / Downpayment / First Time Home Buyer / New to Canada / Pre-Approvals / Pre-Payment / Purchase / Qualifying / Refinance

How To Have A Stress-Free Mortgage Closing

You know the saying “the devil is in the details”; well it applies to the mortgage process too. When you’re buying or refinancing a home, usually it’s the big stuff like income, downpayment and credit that can cause the most anxiety and as a result, the small stuff can sometimes get overlooked. Instead of having … 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