The price of a single detached home in the Okanagan increased significantly over the past year which may have left many first time home buyers feeling that their goal of…
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The first thing to do is find a lot that suits your home needs. You can either purchase the lot outright or put a specified amount down, determined by the…
Beacon Scores are a single number that summarize your credit situation and show a lenders what kind of risk you’re likely to be as a borrower. Below is a…
Buying a home? Refinancing? Whether you are purchasing a home, or refinancing your mortgage, it will likely be one of the biggest financial investments you will make and securing financing…
Bridge loans are short-term loans that bridge the gap between two different closing dates. They are most commonly used when you sell your home and buy another home with a…
When does your mortgage renew? Renewal time is your opportunity to make changes with your mortgage and not incur a penalty for doing so. Take advantage of the most important…
We live in a country where a good credit history is one of the most important things we can have. Without it you impair or lose your ability to borrow…
As the Coronavirus (COVID-19) continues to evolve and we all adjust to the new realities of life see information below with regards to your mortgage. The majority of lenders are…
Mortgage Stress Test Changes are now on hold. Effective April 6, 2020 the federal government is amending the figure used to stress test high ratio mortgages (borrowers with less…
The FTHBI is a shared-equity mortgage program, meaning the government shares in the gains and losses of your home’s value as it fluctuates over time. Through the incentive, Canada Mortgage…