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How to Prepare and Save for Your Down Payment on a House

Let Good Planning Lead You To Your Dream Home Have you been saving up to buy a home for years, only to feel like you’ll never have enough for a down payment? If so, you’re not alone. Coming up with a large enough sum for a house down payment is often the biggest obstacle prospective […]

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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 […]

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Choosing 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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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 […]

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