When looking to take the right steps to not only get pre approved, but to stay pre approved or approved, here are some common challenges that can come up that you should avoid. Late payments on deb ...
Credit scores range from 300 to 900 and help lenders, banks, landlords and so on determine your creditworthiness. Maintaining a healthy credit score is important and here are some tips to repair, incr ...
One of the biggest challenges facing buyers looking to buy a home or investment property, is saving for the down-payment. Your down payment could come from savings, a gift from a family member, you ...
Whether buying your first home or your fifth, the mortgage process can sometimes be a little confusing or overwhelming. In addition to your personal finances changing over time, mortgage rules and len ...
Buying a house is a big commitment; so before you start house hunting and comparing mortgage rates, take the time to examine your current situation and how it could change in the future. Ask yourse ...
As many of you know there are some great perks to being a first time buyer with the Home Buyer’s Plan (HBP), for example, borrowing up to $25,000 from your RRSP without penalty. Many however you ...
One of the major benefits of working with a mortgage professional is that they have access to many lenders, options and rates from traditional banks such as Scotiabank and TD Canada Trust to smaller l ...
A surprising 60% of mortgage holders break their mortgage during the term and when a mortgage contract is broken a lender typically will charge a penalty. Many mortgage shoppers focus on the term o ...
A husband and wife in their early seventies were feeling they needed a little more cash on hand and they were considering cashing in some of the limited investments they had left. Being limited on ...
One of the biggest challenges when wanting to purchase a home is saving for the down payment. Between rent, car payments, student loans and more putting aside an extra few hundreds or thousands of ...