6 Mortgage Products You Haven’t Heard Of
Documents / Income / Insurance / Market Updates / Mortgage Renewal / New to Canada / Purchase / Qualifying / Refinance

6 Mortgage Products You Haven’t Heard Of

If you’re like most borrowers, you won’t be shopping for a mortgage very often. This means you may not know all about the specialty mortgage products that are currently available in the mortgage market. I’ve provided a brief overview of a few of the less common mortgage financing options below that I have recently encountered. … Continue reading

Buy and Renovate Right Away
Downpayment / Insurance / Lenders / Purchase / Qualifying

Buy and Renovate Right Away

You find the perfect neighbourhood you want to live in and everything you need is close by, but you just can’t find the perfect home for you and your family.  One has an awful looking bathroom, another has an outdated kitchen, and a third home has no garage. Enter the Purchase-Plus-Improvement mortgage product. This type … Continue reading

How long should your mortgage term be?
Lenders / Mortgage Renewal / Purchase / Qualifying / Quizzes / Rates & Terms / Refinance / Variable Interest Rates

How long should your mortgage term be?

Getting a mortgage is likely one of the largest debts a borrower will take on in a lifetime and choosing the right mortgage term, type and length is a crucial step in the financing process whether it’s your first or fourth home. Maximize homeowner happiness by choosing a mortgage term that is affordable and suits … Continue reading

10 Things You Need to Know About Appraisals
Documents / Lenders / Mortgage Renewal / Purchase / Refinance / Rental Properties

10 Things You Need to Know About Appraisals

Appraisals are a valuable part of the real estate transaction and they are different than a market valuation provided by a real estate professional. What is an appraisal? An appraisal is an unbiased estimate of what a buyer might expect to pay (or a seller to receive) for a parcel of real estate. It is … Continue reading

Financing A Fixer-Upper
Documents / Downpayment / First Time Home Buyer / Insurance / Lenders / Purchase / Qualifying / Rates & Terms / Rental Properties

Financing A Fixer-Upper

You find the perfect neighbourhood you want to live in and everything you need is close by, but you just can’t find the perfect home for you and your family.  One has an awful looking bathroom, another has an outdated kitchen, and a third home has no garage. Enter the Purchase-Plus-Improvements mortgage product. This type … Continue reading