What Is The Mortgage Sliding Scale?
And How Will It Affect Your Mortgage Approval? Considering Ottawa’s recent housing prices, it is likely that you will need a higher sum of money, therefore a larger mortgage too. It is also very likely you will come across the term “sliding scale” which might sound terrifying, especially if you’re a first home-buyer. Keep on […]
Read moreCash-Back and No Money Down Mortgages
Everything You Need to Know Before Committing Buying a home is scary – it’s the biggest purchase of your life. Not only do you have to work hard to save up money for a down payment and get approved for a loan, but you also have to think about a lot of other expenses – […]
Read moreChris Allard Featured in CMP Magazine
We are very excited to announce that our very own Chris Allard was recently profiled by Canadian Mortgage Professional (CMP) magazine. CMP is Canada’s leading magazine publication for Canadian mortgage brokers. In the article, Chris discusses the topic of delayed home appraisals and offers advice for other mortgage brokers looking to address the issue with […]
Read moreChoosing the Right Mortgage Payment Frequency
Should I Accelerate My Mortgage Payments? Most potential homeowners look for ways to get the lowest mortgage rates possible. However, the length of the repayment period, called amortization, is often forgotten or overlooked. This affects how long it will take to repay your mortgage, as well as how much interest the bank will collect from […]
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