Blog

buyer_premiere

Who wants to be a mortgage broker??? I do, I do!

One of the hardest things I have to do in my job is to explain why someone does not qualify for a mortgage. Why do I have to use a particular equation or can't use the income, or why will...
home_reno

Which renovations add the most value to your home?

Are you looking to buy a fixer upper?  Or want to upgrade your existing home to improve your quality of life or accommodate a new way of living? If so, it’s worthwhile to understand which home renovations can help boost...
2021_01_news1

Home sales hit record in 2020, Canadian Real Estate Association reports

I want to start by apologizing for the number of information emails you may have received from me lately. In our continued effort to offer a smooth process for my clients, I adopted a new system, and like anything new,...
Wrapping Your Head Around Mortgage Penalties

Wrapping Your Head Around Mortgage Penalties

You can scarcely go a week without hearing about mortgage rates in the news. There always seems to be something better out there! In the words of MoneySense magazine: “Being a homeowner with a mortgage can feel a bit like...
Mortgage Porting Explained

Mortgage Porting Explained

Porting your mortgage: The ability to move your existing mortgage to your new home. Why port your mortgage? The only reason to port your mortgage to your new home is to save paying the penalty. That's it. If you have a...
Purchase Plus Improvement

Purchase Plus Improvement

You've found the perfect home, but... Oh, that kitchen needs so much work. The carpet needs to be pulled up. The windows are so old. How can we afford a new roof, furnace, or cooling system? It would be perfect...
How to Consolidate Your Debt and Save

How to Consolidate Your Debt and Save

Financial stress is the worst. It's a heavy monkey to carry on your back. Are you looking for a simple way to pay off credit card debt faster? There are solutions. One of the keys to paying off credit card...
Mortgage Repayment Options Explained

Mortgage Repayment Options Explained

So you've got you're mortgage approval, now the lender gives you the choice of several repayment options.  You've heard about the standard monthly payments but what's semi-monthly or accelerated bi-weekly?  Which one can save you the most amount in interest...
What does it mean to refinance

What does it mean to refinance?

“My friend rolled their car loan and other debt into their mortgage. Can you do that for us?” When someone says this to me, I know what they really want to do is use the equity they’ve built up in...
the five cs

The Five “C”s of Credit

If you're a newcomer to Canada, self-employed, working on commission, or have a poor credit history, you may think your chances of qualifying for a mortgage are slim. Think again! The trick is to see yourself through the eyes of...