When is the right time to talk about your Mortgage?
When is the best time to connect with your Agent/Broker to talk about your mortgage? The correct answer is not x number of months before...
Stated income mortgages for self employed
We have had a few clients inquire about stated income mortgages if they are self employed. The number one question: Can I tell the lender...
Pre-Approval vs. Rate Hold
Many clients get confused about what a pre-approval is and what a rate hold is. Typically a pre-approval is a full evaluation of your...
Mortgage Rule Changes for Jan 1, 2018
OSFI announced new mortgage rule changes this week that will be effective January 1, 2018. We have been asked every day since how this...
5 Things to Consider when Purchasing a Condominum
With many of our clients in the GTA looking a condominiums and especially pre-build condominiums there are some things that you should...
What do we mean by "the right mortgage for you"
I was working with some clients recently who asked me to outline the 3 best choices for them. They were refinancing their mortgage and...
What is a pre-payment privilege?
What the Prepayment Privileges Ratio Actually Means When you sign paperwork for your mortgage the prepayment privileges will be part of...
The lowest rate isn't always saving you the most money.
The lowest rate is not always the best product for you In the world of mortgages everyone cares about the rates. That seems to be all...
What you should know about a Variable Rate Mortgage (VRM)
Variable rates are insecure, they are scary, they are only for the most risky of home owners. This is what my parents taught me. This...
Purchase Plus Improvements Mortgage
When a new home buyer is looking at a home they likely find a few things that they want to fix or renovate. A purchase plus improvements...
