It is not difficult for mortgage brokers to compete with the banks. I am often asked if it’s hard to compete with the banks. While they may offer competitive rates at times, right now we have much better rates than the banks. However, we have certain advantages which allow us to blow them out of […]

If you have been asked to be a guarantor on a mortgage, read this important information! A Guarantor, when it comes to mortgages, is exactly what it sounds like—they “Guarantee” the mortgage for another person if they are unable to pay back the loan. Guarantor’s or co-signers are often used if someone has: • Damaged […]

There are many things to consider if you would like to port your mortgage. Policies are always changing, and when you port a mortgage, a FULL application must be approved and completely underwritten with full, credit, income, property and policy review. It’s a mistake to believe that just because you already had a mortgage, you […]

Read on to help pay off your mortgage quicker! So now that you’re a home owner, what are your next steps? Well first, you will have to figure out exactly how you are going to get RID of that mortgage. Yes, that’s right. Now that you got it, here are four ways you can pay […]

Be sure to include a “subject to financing” in your purchase agreement! There is a myth out there that once you’re pre-approved for a mortgage, you’re good to go out and buy a home… with a no subject offer… DON’T do it! A pre-approval means that based on being able to PROVE (through documentation) your […]

Needing a co-signer or looking to be a co-signer for a mortgage? Read on! If you keep up on the news you know that qualifying for a mortgage is getting tougher and tougher. Someone who would have sailed through the application process 10 years ago could find themselves declined for a mortgage today. Often I […]

To downsize, or not to downsize, that is the question? With almost 50% of homeowners ready to retire and wishing to stay in their home and 30% of those people with most of their money tied up in home equity, the downsizing dilemma is real. Can they afford to stay in their home or is […]

A mortgage broker works with various lender to get you the best option for you! Mortgages are like vehicles. A bank is similar to the brand, Ford or Toyota for example. How long you have a mortgage before it’s time to renew is like the model, a Fusion or Camry. The rate is similar to […]

Be prepared when thinking of buying your first home! As a licensed Mortgage Broker, I am often asked “what do I need to know when buying my first home?” Everyone has their own aims and objects when buying their first home. As a Mortgage Broker, I specialize in making sure your financing is in order […]

Large purchases before applying for a mortgage can affect your chances of getting approved! So you just got a shiny new car, and now you want a shiny new home to go with it. Will that new car payment affect your mortgage pre-approval? The short answer… absolutely it will. Recently, I have encountered many people […]