Contrary to belief not all mortgages are the same. There are different products available for individuals that meet different criteria. The best way to define a mortgage is as a loan against your home that is amortized over a certain amount of years (usually 25-30 years), with a certain rate that is fixed, open or […]

Below is some quick points on what the First-time buyer program is;

No one wants to have a mortgage for 25-30 years. Here are some important tips that can help you become mortgage free faster. 1. Change your payments to accelerated bi-weekly/weekly payments. 2. Increase your regular payments. Most lenders allow you to put anywhere from 10%-20% towards your monthly payments. 3. Use your lump sum options. […]

As of January 1st 2018 the Bank of Canada had passed a rule that would be called the B20 regulations. This was an answer to the hot market and the fast increasing prices of the house market. The idea was that you’d have to pass a test that would qualify you at 200 basis points […]

The mortgage process can seem overwhelming. Using a professional mortgage broker will help guide you every step of the way. A Mortgage Broker is your essential partner in the mortgage process With their experience and expertise, a professional mortgage broker can help you select the right mortgage. They put the information in context, anticipate the […]

Planning to get a home is already a big step, figuring out what type of home you can afford is the first step you would want to take in understanding how to get into your dream home. There are two ways you can get a budget, one is pre-qualifying and the other is an pre-approval. […]