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Category: Mortgage Tips, Terms and Troubleshooting

How to Get a Mortgage When You’re Self-Employed

Let’s dig deeper to help you decide which options are best suited for your borrowing and homeowning needs here. 

5 Things You Should Know About Construction Mortgages

Over the years, I’ve been afforded the privilege of helping individuals find the right construction mortgage for their needs. As a result, I’m mindful of the key elements that differ from those of other types of mortgages. Today, let’s walk through some of the most important things you should know. With my brokering experience in […]

How to Prepare for Your Mortgage Appointment

So, you’re ready to take on a mortgage and invest in your dream home. First of all, congratulations! This is a huge step to take that often requires plenty of research and effort in advance. However, the question of that initial mortgage appointment remains, whether with an experienced broker such as myself or through your […]

Thinking of Switching Your Mortgage? Let’s See if it Makes Sense!

These are very interesting times that we currently live in, to say the least. With that, of course, comes a desire to change with them for cost-saving or future-planning reasons. I see it all the time in the clients who come to me for assistance with their mortgages. Lately, quite a few of them have […]

4 Things You Should Know Before Getting Your First Mortgage

If you're looking into your first mortgage, there are several things you can do in advance to streamline this process, learn more here:

What is a Mortgage Renewal?

What is a mortgage renewal? With a mortgage comes a mortgage renewal. Mortgages are typically offered with terms up to ten years. When your term is finished, your rate expires and it is time to negotiate a new rate. Many Canadians spend a great deal of time shopping around to find a favourable rate when purchasing […]

5 Tips For Renovating a Fixer-Upper

Renovating a fixer-upper is easier than you think with a Purchase Plus Improvements (PPI) mortgage. There is a lot of appeal to purchasing a fixer-upper. It is often a better value and allows you to customize your home; you can purchase a home at a lower price, make home improvements, and increase your home's value. […]

5 Things to Avoid Before Your Closing Date When Buying a Home

When buying a home and getting approved for a mortgage, it's important to review any major changes with your mortgage broker first to assure that it will not affect your mortgage approval.   5 Things to avoid Before Your Closing Date When Buying a Home   Changing Your Employment Even if a promotion is available, […]

Prepayment, Porting and Assumable - 3 Mortgage Terms to Know

There are many terms you will hear during your mortgage process. Some terms will be straight forward and other terms may not be. Here are three important mortgage terms you should know. They are prepayment, porting and assumable.    Prepayment, Porting and Assumable   Prepayment: Prepayment is the amount that a lender will allow you to pay, […]

The Five Cs of Credit

The mortgage process can sometimes be a little confusing or overwhelming. In addition to your personal finances, mortgage rules and lender guidelines are always changing.  However, focusing on the five Cs of credit can help. There are five key areas that are reviewed with a credit application and they have become known as the five Cs […]
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