Mortgages are one of the largest financial commitments most Canadians ever make and understanding the pros and cons of open and closed mortgages is critical for making the right choice. Knowing whichRead More…
Having a good credit score is essential if you want to take out a mortgage, but with so many factors affecting your score, it’s hard to know exactly how to improve it.Read More…
Buying a home can be an intimidating experience, especially for first-time buyers. But with the right information and assistance, it doesn’t have to be. Across Canada, first-time homebuyer programs offer incentives toRead More…
Refinancing your mortgage in Canada can be a great way to save money, reduce your monthly payments, and pay off your mortgage faster. With the right refinancing options, you could save thousandsRead More…
Are you considering buying a home? Owning a home is one of the biggest financial investments you can make in your lifetime, and it’s important to make sure you’re ready to makeRead More…
Mortgage stress tests have become a common part of the home buying process in Canada. The stress tests are designed to ensure that potential homeowners are able to afford their mortgage paymentsRead More…
Are you looking for ways to lower your mortgage payments in Canada? With the current economic climate, many Canadians are struggling to keep up with their mortgage payments while also dealing withRead More…
Mortgage default insurance is a type of insurance that protects a lender in the event that a borrower defaults on a mortgage loan. In Canada, the majority of homebuyers must purchase mortgageRead More…
A Home Equity Line of Credit (HELOC) is a loan secured by the equity in your home. It is a flexible loan that allows you to borrow money using your home asRead More…
Qualifying for a mortgage in Canada can be a daunting process. To help make the process easier, here are some tips to help you understand the criteria for qualifying for a mortgageRead More…