This or that? Making mortgage decisions easier
Documents / Downpayment / Mortgage Renewal / Pre-Payment / Purchase / Qualifying / Rates & Terms / Refinance / Variable Interest Rates

This or that? Making mortgage decisions easier

We often receive inquiries from potential borrowers looking for some tips about navigating through 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. If they are not really sure what their requirements or goals … Continue reading

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

Mortgage Payout Penalties
Broker vs. Bank / Documents / Lenders / Mortgage Renewal / Pre-Payment / Rates & Terms / Refinance / Rental Properties / Variable Interest Rates

Mortgage Payout Penalties

What you need to know You may not hear about a payout penalty until you want to break your mortgage term early, then you could be surprised by the figure you are quoted by your existing lender. Be prepared by understanding how your penalty is calculated before you make a decision to pay out your … 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

8 Mortgage Secrets Everyone Should Know
Bankruptcy / Broker vs. Bank / Credit / Documents / Downpayment / Insurance / Lenders / New to Canada / Pre-Payment / Purchase / Qualifying / Rates & Terms / Refinance

8 Mortgage Secrets Everyone Should Know

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 greatly affect your lifestyle going forward. Some hear about them through friends, family or the Internet. My concern with this is the mortgage market is a changing … Continue reading

Switching Mortgage Lenders
Documents / Lenders / Mortgage Renewal / Pre-Payment / Qualifying / Rates & Terms / Refinance / Rental Properties

Switching Mortgage Lenders

What you need to know For whatever reason you’re thinking of switching, whether it be for a refinance or a renewal, there are a few things you should know before you make the decision to move to a different lender. To help with the preparatory work, I’ve included a few key details which will help … Continue reading

Should I Refinance Right Now?
Broker vs. Bank / Credit / Documents / Lenders / Market Updates / Mortgage Renewal / Qualifying / Quizzes / Rates & Terms / Refinance / Rental Properties

Should I Refinance Right Now?

If you’ve been thinking about your monthly debts or mortgage payments lately, it may be time to refinance your mortgage.  Rates are low and Edmonton is a booming market so home values are up a bit.  If you’re unsure if it’s worth it to revamp your current mortgage, a review of your existing mortgage details … Continue reading

Bankruptcy / Broker vs. Bank / Credit / Debts / Documents / Downpayment / First Time Home Buyer / Income / Lenders / Market Updates / Mortgage Renewal / New to Canada / Pre-Approvals / Pre-Payment / Purchase / Qualifying / Quizzes / Rates & Terms / Refinance / Rules

Mortgage Fact or Fiction

Test your mortgage knowledge Mortgages are not a subject we learn about in high school, although I wish they were as credit, interest rates and qualifying for a mortgage are all things that will greatly affect your lifestyle going forward. Some hear about them through friends or family or the internet, though my concern with … Continue reading

A Smooth Move
Credit / Documents / Downpayment / Income / Insurance / Lenders / Pre-Approvals / Purchase / Qualifying / Rates & Terms / Refinance / Rental Properties

A Smooth Move

You own a home now, but it’s time to make a change. If you’re moving up or downsizing you probably have questions about how it all works. This article is about the logistics of buying another home while you still own your existing property. Here are 10 facts you need to know about navigating through … Continue reading