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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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Common Mortgage Pitfalls And How To Avoid Them

Set Yourself Up For Success Throughout Each Step of the Mortgage Process Purchasing a new home can be a lengthy process that involves plenty of hard work. One of the most important steps to ensuring a successful home purchase is securing a mortgage. Since the mortgage plan you select will determine important long-term factors like […]

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The Various Steps of the Mortgage Process From Pre-Approval to Closing

Everything You Need to Know About Obtaining a Mortgage After you’ve found your dream home and had your offer accepted, it may feel like it’s all downhill from here, but in reality, you still have a long road until closing. From getting approved for a mortgage to filling out paperwork and everything in between, we […]

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