Mortgage Matters

Fancy new car or a home?

May 16, 2015 / 5:00 am

We all love the smell and prestige of a new vehicle but the attached monthly payment may prevent you from qualifying for mortgage financing. If you are thinking...

Spousal buyout program

May 2, 2015 / 5:00 am

The end of a relationship does not necessarily mean that you will have to sell your home. Your home may be able to give both partners a new start. There have...

Self-employed mortgages

Apr 18, 2015 / 5:00 am

It is no longer as easy as it once was for the self-employed to obtain mortgage financing. A few short years ago you could tell your banker how much you made,...

Investment property options

Apr 4, 2015 / 5:00 am

You may think that you now require a 20% down payment in order to purchase an investment property and in general that is correct but depending on the intended...

Variable or fixed?

Mar 21, 2015 / 5:00 am

The answer – it depends! A variable rate is based on the Bank Prime Rate, which is what financial institutions charge to the consumers. Bank Prime is...

What's the difference?

Mar 7, 2015 / 5:00 am

Assisting you to understand that there is much more to a mortgage than the interest rate is one of the most important responsibilities I have to my clients....

Sisters are doing it for themselves

Feb 21, 2015 / 5:00 am

The latest trend in real estate: professional, single women becoming independent homeowners. It’s not marriage before mortgage any longer. Women are no...

Credit repair action list

Feb 7, 2015 / 5:00 am

As a mortgage broker, it is my business to assist you in getting the best possible rate for your current situation. Unfortunately your credit rating can affect...

First-time homebuyer tips

Jan 24, 2015 / 5:00 am

If you are a first time home buyer then buying your first home is a very exciting time but it can also be stressful and you will have lots of questions –...

The truth about credit card debt

Jan 10, 2015 / 5:00 am

Consolidating your high-interest credit card debt with your mortgage could be a great option if you have sufficient equity in your home. It can reduce your...

Stop paying rent!

Dec 20, 2014 / 5:00 am

It’s a dream we all have - to own our own home and stop paying rent. But if you’re like most renters, you feel trapped within the walls of a house...

The family plan program

Dec 6, 2014 / 6:00 am

This great program is available to enable people to help buy a home for immediate family members who have good credit but may lack the income to qualify for a...

Fall mortgage report

Nov 22, 2014 / 5:00 am

Trends in the housing market are an important driver of the Canadian economy. Housing activity directly drives job creation, in the construction and real estate...

Facing foreclosure?

Nov 8, 2014 / 5:00 am

You could be facing foreclosure if you have found yourself in one of these situations: You are about to miss a mortgage payment because you don’t have...

Should I buy a rental property?

Oct 25, 2014 / 5:00 am

It’s all over the television these days. Programs showing you how you can buy rental properties or put a rental suite in your home to offset your mortgage...

The good, the bad & the ugly

Oct 11, 2014 / 5:00 am

There has been a lot of talk about collateral or re-advanceable mortgages recently. So what is a collateral mortgage? In reality they are a very common form of...

What does a mortgage broker do?

Sep 27, 2014 / 5:00 am

There is still confusion around exactly what I do as a mortgage broker and the services that I offer. Even my friends and family aren’t really sure what I...

Moving up or downsizing?

Sep 13, 2014 / 5:00 am

Are you thinking about moving up or perhaps downsizing? If so there are several things that you should consider regarding your financing and budgeting for...

Grow-ops: What’s up in smoke?

Aug 30, 2014 / 5:00 am

Few communities in Canada have escaped having a grow-op found in their midst. Once busted, the cost to clean up the consequences of having a grow-op in the home...

Four things that can go wrong

Aug 16, 2014 / 5:00 am

Here are four things that can derail your mortgage financing even if you’ve been pre-approved by your bank or a mortgage broker. If you can avoid these...