May 16, 2017

Home purchases in Canada require a minimum down payment of your own funds to be put towards the purchase. It is important that during the discussions with your Mortgage Agent that you are open and honest pertaining to your down payment. Be upfront about your down payment and where it is coming from. This will…

April 6, 2017

In today’s ever increasingly competitive Toronto housing market, it is becoming very difficult to find exactly the home you are looking for. Whether you are a first time home-buyer, or looking to up-size, don’t be put off by the inability to find exactly what you had dreamed of. Think about buying a fixer-upper. This will…

March 6, 2017

Getting a mortgage has been made easier by some lenders in the Canadian mortgage market. Many lenders are offering a Flex-Down mortgage product that allows people to get in to the housing market, without having to save up their entire down payment. You will be able to qualify for the same low rates that you…

February 17, 2017

The New to Canada Mortgage plan allows potential home buyers that have immigrated to Canada within the past five years the opportunity to buy a property with as little as 5% down. This program is based on the fact that Canadian Mortgage Insurers, such as Genworth, are willing to provide New to Canada borrowers with…

January 30, 2017

Every Canadian should be aware of their credit score. Your credit score measures how risky you are to a bank or financial lender. Essentially what they are looking to find out is that you have a demonstrated record of paying your financial obligations. Once you have obtained your report, read it carefully to find out…

January 30, 2017

We are rapidly coming to the end of the year. For me, 2016 has flown by! If you’re planning on buying a home in 2017, here are a few New Year’s Resolutions that you should take on in order to reach that goal this year. 1 | Make a realistic and accurate budget. You have…

January 30, 2017

No one likes to think of worst-case scenarios, but there are some things that we should definitely have a contingency plan in place for. We back up music libraries on our computers just in case it dies, or we bring a rain coat to the Toronto FC game just in case the weather doesn’t cooperate….

January 30, 2017

In my opinion, the number one goal of a mortgage broker is to become a trusted advisor for my client. It is important that I am continually educating and informing my client throughout the entire home buying process. An important distinction to make is the difference between the pre-approval process and the actual approval process. The Pre-Approval Now,…