Category: Mortgage Tips, Terms and Troubleshooting

A Comprehensive Guide to Calculating GDS and TDS Ratios

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 first-time homebuyer or a seasoned homeowner, a solid grasp of these concepts is essential for […]

Short-Term vs. Long-Term Fixed Mortgages

Explore the world of short-term vs. long-term fixed mortgages in Canada, including the benefits, risks, and considerations for prospective homebuyers.

Six 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:

How Maternity Leave Impacts Getting a Mortgage

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 approved for a loan while taking time off […]

7 Mortgage Strategies to Deal with Rising Interest Rates

With rising mortgage rates over the last year and expectations for continued increases, at least into the early part of this year, you may wonder: What should I do about my mortgage? If you’re asking this, you’re not alone! Let’s talk about some mortgage strategies to help you deal with the rising interest rates in […]

How to Make Smart Financial Moves with Your Current Mortgage

After you’ve secured your mortgage, purchased your home, and finally settled in, you might think you can take a bit of a backseat to your finances. After all, mortgage approval is often the most important hoop to jump through regarding your financial situation. Now that’s completed, what is there to worry about? I’ve seen plenty […]

How to Protect Yourself Against an Interest Rate Increase

In this post, we’ll discover various ways you can prepare for interest rate changes as a variable-rate mortgage holder:

Mortgage Insider for Co-Owning a Property

It can be disheartening if you’re struggling with the ability to buy a home by yourself or your partner. While in time, the market may be in a better place for you to buy, perhaps you are determined to purchase right now. With some close friends and family by your side, co-owning a property might […]

How Does a Reverse Mortgage Work in Ontario?

How does a reverse mortgage work in Ontario, exactly? Let’s review the details of this type of loan together here: 

How to Qualify for a Mortgage in Ontario

Curious about how you may qualify for an Ontario mortgage? Let’s go over the details that lenders are most interested in:
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