How to Port Your Mortgage When You Move
Factors to Consider Before Porting Your Mortgage You’re planning to move, but your mortgage contract still has a few years left on it. Fortunately, you don’t have to finish paying off your mortgage before you’re allowed to move. In fact, you have a few options, and one of those is porting your mortgage. This option […]
Read more
What Not to Do Between Mortgage Approval and Mortgage Funding
Avoid These Mistakes to Keep Your Mortgage Approval In Good Standing After you’ve been approved for a mortgage, it’s important to understand that you aren’t out of the woods just yet. Being approved for a mortgage does not give you a 100% guarantee that you will receive the funding. There are certain actions you should […]
Read more
The Benefits of Working with a Mortgage Broker as Opposed to a Bank
A Mortgage Broker Offers Help That No One Else Can – Here’s How So, you’re ready to buy a new home, and you are trying to decide between working with a mortgage broker and heading straight to the bank. Both of these options provide different benefits, but only a mortgage broker will dedicate their efforts […]
Read more
Everything You Need To Know About The Mortgage Stress Test
Confused About The Mortgage Stress Test? Here’s How It Works Since 2018, all home buyers in Canada have been subject to a mandatory mortgage stress test. This applies to everyone hoping to get a mortgage, no matter what your down payment might be. Many Canadians find the stress test strict and confusing. Others have difficulty […]
Read more