What is the qualifying rate? As you probably know, there have been many mortgage rule changes over the last few years. Chances are, these rule changes affect you, whether you’re an existing homeowner or first-time home buyer. One of the things that has been talked about a lot is the mortgage qualifying rate. You need… Read more Mortgage qualifying rate – what is it?
New mortgage rules for the new year New mortgage rules came into effect January 1, which make it trickier for many Canadians to negotiate a mortgage. But with a little expert advice, we can help ensure you have a happy new year that keeps you on the path to prosperity for the coming year and… Read more Ten essential mortgage tips for 2018
It’s easy to look online for a mortgage rate. But rate is only one aspect of saving money on your mortgage over the long term. It’s so important to also consider the features of your mortgage. Asking about mortgage conditions and features is something many people neglect to do. Be in the know… here are… Read more Mortgage features you should definitely ask about
It’s easy to get caught up in home buying frenzy and just focus on finding that perfect home. During all that excitement, be sure to take some time to get acquainted with a few key terms. Here are four types of insurance for home buyers: High-Ratio Mortgage Insurance If your downpayment is between 5% and… Read more Insurance for home buyers
Getting your down payment might be easier than you think! For many first-time homebuyers, saving the 5 per cent down payment is one of the big obstacles to home ownership, especially if you’re paying rent, paying down student loans, and trying to live a life. Here are some programs and tips that can give your… Read more Give your down payment a boost
The most important part of your offer When you find the condo or house of your dreams and want to make an offer, do you need a financing condition? Unless you can pay cash for the home, then yes you do. That little phrase – conditional on financing – is an important protection for buyers.… Read more Conditional on financing
Qualify for a mortgage – 5 ways to increase success Yes, new mortgage rules have made it harder to qualify for a mortgage, whether you are a first-time buyer or looking to renew or refinance your mortgage with a new lender. That’s why you should get yourself mortgage ready well in advance. Here are 5… Read more How do I qualify for a mortgage?
Building your dream home is an incredible adventure, and you want it to be everything you’ve always wanted. So, how do you finance such a project, when it only exists on paper? A construction mortgage could be the answer, and there are a couple of options to best suit your needs. Money when it’s done: The… Read more A construction mortgage can help you build your dream home
You’ve finally found your dream home, and you want to make it yours. The combination of rising home prices, increasing taxes and unforeseen expenses related to home ownership can make saving for a 20 percent down payment very difficult. Consider mortgage insurance, and with help from a mortgage broker, your dreams of home ownership are… Read more What is mortgage insurance and why do I need it?
Work with a mortgage professional If there was a poster at the golf course with the word FREE, you’d be signing up, right? Well, this is better. When you work with one of our mortgage brokers or mortgage agents, you get unlimited private lessons and invaluable advice that can make a significant difference in your… Read more Get unlimited private lessons with a Mortgage Professional
