How to Get a FREE Copy of Your Credit Bureau Think of your credit score as a report card on how you’ve handled your finances in the past. A credit score is a number that lenders use to determine the risk of lending money to a given borrower. There is always someone willing to lend […]

Reading This Could Save You Money (How to Renew Your Mortgage in 5 Easy Steps) If you have a mortgage, chances are unless you win a lottery (cha-ching $$$) you’ll be doing a mortgage renewal when your current term has finished. While most Canadians spend a lot of time, and expend a lot of effort, […]

Get to know Title Insurance Are you officially Mortgage Free? CONGRATULATIONS! That is a monumental milestone to achieve! With that significant accomplishment, you should look at obtaining a Title Insurance Policy. What most people don’t realize is that when you had a mortgage, the lender will likely have had this in place for you. Once […]

What Questions to Ask When Considering a Refinance Many of my clients and friends regularly ask me when or if they should consider a refinance. Here are 4 quick questions that I ask of them. The answer they give me, will very quickly tell me if we should be taking a deeper look at the […]

Why can’t you port your mortgage? Policies are always changing, and when you port a mortgage, a FULL application must be approved and completely underwritten with full, credit, income, property and policy review. It’s a mistake to believe that just because you already had a mortgage, you will easily get a new one. Policies and […]

Documents you need for your mortgage pre-approval Being fully pre-approved means that the lender has agreed to have you as a client (you have a pre-approval certificate) and the mortgage broker has reviewed and approved ALL your income and down payment documents (as listed below) prior to you going house hunting. Many bankers will say […]

Postponement & Standstill Agreements. What you need to know Multiple Lenders are typical Borrowers often have to access funding from more than one lender, to finance their operational requirements. For example, an operating company might have a day-to-day operating lender. They may also have a senior secured lender, a subordinated lender, and any number of […]

Credit Unions – An Alternative Lender Credit Unions are often overlooked as a choice for your mortgage lender – but there are reasons why considering a Credit Union might be well worth your while. One of the primary attractions for Credit Unions is that they are regulated provincially, so they are not restricted by the […]

First Time Home Buyers Your First Home. What a THRILLING thing that is to think about!! One of the best parts about our job is helping individuals purchase their first home. We know that the process can seem daunting at first, but we have an in-depth understanding and knowledge of what steps are required to […]

Growing marijuana and selling your home There is quite a bit of information being passed around about growing marijuana in your home that could or will  prevent the sale of your property down the road. CMHC is Canada’s federally owned mortgage insurer. As of October 25, 2018, their stance on homes that were former grow operations […]