For those looking to purchase their first home or boost their borrower profile, adding a co-signer or a guarantor to their mortgage application can make all the difference between getting the necessary financing and being rejected. On the other side of ...
One of the key factors lenders consider when evaluating a mortgage application is your credit score. Indeed, applicants with medium to excellent credit scores typically benefit from lower interest rates, more flexible terms and conditions, and an easie ...
Are you looking to buy a home in Ontario? While navigating through the process, you'll come across the Land Transfer Tax, a common step for new homeowners. If you're wondering whether you'll need to pay this tax or if you qualify for any rebates, you'r ...
If your mortgage application is refused, it can be devastating. No matter the reason, there’s still hope. Here’s what to do when your application is denied:
Navigating the world of mortgages can be complex, especially when trying to understand the role of debt ratios. Your gross debt service (GDS) and total debt service (TDS) ratios are vital in determining your mortgage loan eligibility. Whether you’re a ...
Explore the world of short-term vs. long-term fixed mortgages in Canada, including the benefits, risks, and considerations for prospective homebuyers.
What mistakes do people make when buying a home? Here are five in particular to avoid.
Congratulations on taking the big step toward homeownership! There’s nothing quite like the feeling of finding your dream home and imagining all the memories you’ll create within those walls. However, the process of actually obtaining a mortgage can be ...
If you're looking into your first mortgage, there are several things you can do in advance to streamline this process, learn more here:
Some people see welcoming a new child into the family as the ideal time to move into a new home. However, getting a mortgage on maternity leave may come with some extra considerations. This guide reviews what you need to know and the best way to get ap ...
