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SHOULD YOU GET MORTGAGE INSURANCE?

What is Mortgage Insurance and What Types of Insurance are Worth Investing In Have you ever felt a bit confused when a bank starts promoting “mortgage insurance” right after you’ve gotten a mortgage? After all, the Canada Mortgage and Housing Corporation (CMHC) requires mortgage insurance on down payments below 20% of the house’s purchase price. […]

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What to Do if You’re Denied a Mortgage Loan

Step Back, Assess What Went Wrong, And Develop A Plan You received your mortgage pre-approval letter, found the perfect home, and learned your offer was accepted. You were all set to take the next steps – closing and moving into your new house – when you got the news: mortgage loan denied. After a lengthy […]

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15 Reasons Why Mortgage Loan Application Get Rejected

Understanding the Most Common Reasons for Rejection Rejection is an inevitable part of life, but when it’s a mortgage loan application that gets rejected, it’s not as easy as “getting over it.” Denied mortgage loans can shake up your future and derail years of planning. Let’s be blunt here: it really sucks! Of course, knowing […]

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Staging Tricks to Look Out for When Buying Your Home

Learn How to Spot a Home’s Disguised Flaws Home staging is an important part of the selling process, but it should be about highlighting what a home has to offer, not hiding clear flaws. When you’re out house hunting, it’s easy to get swept up in beautiful photos, finishes, and furniture. We start to imagine […]

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