Making small changes can make a big difference to your credit score! Your credit score is a big factor when you apply for a mortgage. It can dictate how good your interest rate will be and the type of mortgage you qualify for. Mortgage Professionals are experienced helping clients with a wide range of credit […]

Are you looking to utilize the equity in your home? If so, read on! Refinancing a home is one of those things where people understand what it is but have trouble explaining how it works. To put it simply, refinancing your home allows you to access the equity you have built up, by changing the […]

Call today to find out your options! With the Bank of Canada holding rates steady this April, the same is not the case for the bond market, which impacts fixed rates. In every interest-rate market there are many factors leading to and increase and we are hoping to provide a little bit of clarity on […]

Great article!  The Canadian mortgage market used to be very simple. We had the big banks, credit unions, and trust companies. However, almost 20 years ago, the Canadian government made three major changes to the Canadian mortgage industry. First, the government and CMHC put their weight behind Canadian mortgages by guaranteeing an insurance payout to […]

Is a Reverse Mortgage a good fit for you? The words reverse mortgage carry some negative connotation. What does it really mean? What makes reverse mortgage different than a regular or demand mortgage in Canada? There are no payments required if 1 applicant lives in the home. Payments can be made if they wish, they […]

Don’t be caught in the ‘portability trap’.  Short Version: The most important question a home-seller must ask their Broker or their banker this Spring: ‘Do I QUALIFY to port my mortgage?’ You must re-qualify to port your mortgage to a new property, and you must re-qualify under stringent new rules. How stringent? Long Version: Let’s […]

Educate yourself before purchasing a unique home. Recently one of the former members of the boy band New Kids on the Block expressed an interest in buying this lighthouse off the coast of Virginia in the U.S. Unique homes can be a lot of fun to own and to live in. However, there are some […]

Take advantage of the equity in your home with a HELOC! A HELOC, or, Home Equity Line of Credit, can be one of the greatest gifts you give yourself. Borrowing money against your home as you accumulate equity through a shrinking mortgage or an increasing property value- something almost many people in the Vancouver and Toronto markets […]

Be sure to choose your realtor wisely after all purchasing a home is one of the largest purchases you will make in your lifetime. Finding the best realtor for you involves doing some leg work. It can be overwhelming, kind of like choosing which ice cream you want to try! You go to the ice […]

Please read this important article if you own properties that you are not the primary resident of (not living there for more than 6 months of the year) or properties that are not being occupied by a tenant when the property owner is not there. On Monday, the provincial government announced it is making some […]