Should You Buy Your First Rental Property?
Downpayment / Lenders / Purchase / Qualifying / Rates & Terms / Rental Properties

Should You Buy Your First Rental Property?

  TAKE THE QUIZ NOW Alberta is a hot spot these days, leading the way in real estate and dominating the news as an appealing oasis for foreign investors. We have lots of space, our vacancy rates are low, a new arena is going in and new housing starts are strong. I wouldn’t be surprised if … Continue reading

Qualifying Income: Does Yours Apply?
Documents / Downpayment / First Time Home Buyer / Income / Lenders / Pre-Approvals / Purchase / Qualifying / Refinance / Rental Properties

Qualifying Income: Does Yours Apply?

Income is one of the most important components of a mortgage application as it determines how the borrower is going to repay their loan. One of the most common questions we get asked is what kind of income is eligible to be used in the qualifying calculations. Your mortgage lender will want to first confirm … Continue reading

Buying A Rental Property
Broker vs. Bank / Credit / Documents / Downpayment / Pre-Approvals / Purchase / Qualifying / Rates & Terms / Refinance / Rental Properties

Buying A Rental Property

What You Need To Know Whether this is your first revenue property purchase or your 5th, it’s always helpful to know what to expect when it comes to financing. This week, I’m going to briefly detail what you need to know about qualifying for a rental property mortgage. The below guidelines can apply to both … Continue reading

Credit / Debts / Documents / Downpayment / Income / Market Updates / Purchase / Qualifying / Rental Properties

Qualifying: Then and Now

When it comes to qualifying for a mortgage, there is a big difference from a couple of years ago and now. The recent mortgage rule changes coupled with a curve in the housing market has affected all areas of the mortgage application and I want to highlight a few key differences that are impacting approvals … Continue reading