Do you know how much you can afford?
Buying a house is an exciting and stressful time. On one hand, you are BUYING A HOUSE!! You will have a place that you can call your own, and a long term investment. Investing in your future is exciting! On the other hand, you probably…
Are Variable Rate Mortgages Really THAT Scary?
Are variable rate mortgages really that scary? This is a loaded question. Before I can answer this question, I want to explain what a “Variable Rate” actually is. What is a Variable Rate Mortgage? A variable rate mortgage is a type of mortgage you would…
REALTORS: 3 things your mortgage lender should be doing for you
As a Real Estate agent, you deal with clients that have not been pre-approved for a mortgage. Some of you work with a Mortgage Broker, and some of you may work with a bank. This is obviously a great opportunity to refer your client to…
Minimum Down Payment When Buying a Home
What is the minimum down payment when buying a house in Canada? This is one of the most common questions I hear as a mortgage broker. Most people know that as a first-time homebuyer, you can put as low as 5% down on a home….
DO NOT make this mistake when applying for a mortgage!
I see it time and time again. A client comes in to get pre-approved, hears some great news (you can buy a house!), and then they make the ultimate mortgage mistake… From the time that they got pre-approved to the time that they made an…