Shopping around for a great rate on a loan for your mortgage? Consider a mortgage broker and save yourself time, hassle and headache. They’ll do the work for you! What is a mortgage broker? Simply put, it’s an independent, third party that sources the best possible...
What is a credit score? You’ve likely heard about credit scores many times before, but what exactly are they? Simply put, your credit score determines the likelihood of you as a borrower to pay bills when they are due. Your credit score is thus improved when you pay...
Rising home prices may make the thought of saving for a down payment seem intimidating. It doesn’t have to be. With a plan in place and the diligence to follow through, you can reach your goal of a down payment sooner than you may think. 1 – Commit to...
We’re sure you have heard about mortgage pre-approvals. Brokers (ourselves included) strive to make the pre-approval process as simple as possible and give you the confidence needed to start looking for the house of your dreams. But what exactly is a mortgage...
There are many members of our mortgage family with both variable and fixed rate mortgages, but why? Is one not superior to the other? We’ll break down fixed and variable rate mortgages to help you understand the benefits of each, and hopefully provide clarity towards...
The mortgage industry has become a more than $1.5 trillion dollar industry in Canada. As the industry grows so do the options Canadians can choose for a mortgage. Banks, credit unions, mortgage investment corporations, and mortgage brokers now offer everything from...
