The Benefits of Private Lending

The Benefits of Private Lending

The mortgage lending landscape has changed during the past few years. Lenders and insurers have become more discerning when approving mortgage applications. It’s even more challenging to those with some damaged credit and for those who are self-employed. The...
Looking Forward to 2016

Looking Forward to 2016

This past year we saw many challenges in the housing sector. There were the recent changes to down payment minimums; we saw housing prices increase in some areas of the country while in other areas we saw a slowdown of housing activity, in part due to falling oil...
Home Renovation Tips

Home Renovation Tips

Maintenance and repair renovations protect your investment. Renovations have been a growing trend for Canadian homeowners, considering the transaction costs involved in selling and re-buying real estate! Motivations for renovations vary; homeowners consider...
The Advantage of Early Renewals

The Advantage of Early Renewals

A recent survey by the Canadian Mortgage and Housing Corporation (CMHC) found that 60% of Canadian mortgages were renewed before the scheduled date. Here are two good reasons why you should consider renewing your mortgage early: lower your mortgage rate and get ahead...
Happy Canada Day!!

Happy Canada Day!!

Happy Canada Day! As many folks around the country were granted their citizenship around our country and became Canadians, it’s not uncommon to start thinking about the next step in the Canadian dream…home ownership! After going through the overwhelming...
To include or not include…property taxes!

To include or not include…property taxes!

Should you include your property taxes in your mortgage payment? This is often a question that I am asked by prospective homeowners’. Well there are pros and cons to each side of the question. For some lender’s, if a borrower is putting down 5% as a down payment, then...
New to Canada Case Study

New to Canada Case Study

This week’s feature case study highlights the new to Canada program. The immigration process can be completely overwhelming for newcomers, add to that the desire by many new Canadians to really make Canada home by purchasing a new home. The new to Canada program...
Getting Behind on Mortgage Payments?

Getting Behind on Mortgage Payments?

There are times in our lives when the unexpected happens and we find it difficult to cope financially. It could be a job loss, an unexpected illness, the death of a loved one or separation and divorce. There may be enough money to get by for a few months, but soon...