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The Mortgage Gal

Good time for pre-approval?

May 25, 2020 / 11:00 am

If you are laid off right now due to the virus, or maybe working from home with your life a bit upside down, looking into mortgage pre-approval might be the...

Interest in home-buying up

May 11, 2020 / 11:00 am

The mortgage world evolves daily, even during what we used to think were normal times. We are continuing to adapt the way we do business to protect everyone...

Still can get a mortgage

Apr 27, 2020 / 11:00 am

Trying to buy a home has changed a little over the last month. Depending on who you are working with, arranging your mortgage financing has changed very little....

Coping during a pandemic

Apr 13, 2020 / 1:00 pm

I hope you and your family were able to enjoy a quiet Easter weekend close to home, and that your loved ones are safe and accounted for. During the last few...

Mortgage-deferral pointers

Mar 30, 2020 / 11:00 am

Generally, by the time I sit down to write I know what I want to talk about. In between columns, I usually find a common theme – something jumps out at me...

The virus and your mortgage

Mar 16, 2020 / 11:00 am

The uncertainty of Covid-19 and its potential impact dominates many conversations. And grocery stores. Speculation as to how this pandemic will affect us and...

Mortgage stress test change

Mar 2, 2020 / 11:00 am

Effective April 6, 2020, we will be using a slightly different number to qualify borrowers who are purchasing or refinancing a home. The federal government is...

Not all stratas are equal

Feb 17, 2020 / 11:00 am

I talked about buying strata properties in a previous column. After a few recent escapades with condo purchases, I think I’d like to talk about it again....

Mortgage closing challenges

Feb 3, 2020 / 11:00 am

Sometimes we run into bumps at closing time. Even when clients are organized and take care of everything they need to, last-minute issues may arise that make...

Mortgage up for renewal?

Jan 20, 2020 / 11:00 am

An active spring mortgage market means that five years later there are many mortgages up for renewal. The majority of clients initially sign a five-year...

Avoid a collapsing deal

Jan 6, 2020 / 11:00 am

Over the last few months, several of our clients have walked away from the homes they were purchasing because of items that were uncovered by thorough home...

Changing with the times

Dec 23, 2019 / 11:00 am

The holiday season means different things to different people. For some it is a time of: Joy Reverence Celebration. For others, it’s a time of family...

Improving your credit score

Dec 9, 2019 / 11:00 am

As we move into the holiday season, mortgages are not top of mind for most of us. However, over the last few weeks, I’ve noticed that our housing market...

Not all lenders are equal

Nov 25, 2019 / 11:00 am

Last week, a client asked why I chose a particular lender for them. It was a great question, so I spent some time breaking down why we went the route we did....

Get mortgage insurance

Nov 11, 2019 / 11:00 am

I’ve touched on mortgage insurance before, but after a few conversations the last two weeks, I feel it is worth revisiting. When you are working on your...

Creative financing

Oct 28, 2019 / 11:00 am

Part of what we do as mortgage brokers is explore options for clients. This past week, I worked with two families whose financing had been declined by their...

Support those who back you

Oct 14, 2019 / 11:00 am

Every once in a while I read something that really seems to hit home. Last, week I came across something on Facebook that I’d like to share with you. This...

Get title insurance

Sep 30, 2019 / 11:00 am

When you get down to the nitty-gritty of buying a home, you need to make a lot of decisions in a short time. Regardless of how prepared you are, it can feel a...

Do your paper work

Sep 16, 2019 / 11:00 am

“Why do they need that?” “It wasn’t like this the last time I bought a house.” One of the common frustrations shared by mortgage...

Info for first-time buyers

Sep 2, 2019 / 11:00 am

Last week, I sat in on a webinar hosted by CMHC that covered more information about the First-Time Home Buyer Incentive Program. The intent of the plan is to...

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