Searching for a new home can be daunting. There are many steps in the homebuying process, but the very first step is to obtain a mortgage pre-approval. By doing so, you can be certain on the amount you have available to purchase the home of your dreams. Once you...
For most Canadians, buying a house is one of the most important investments made in a lifetime. Buying a house essentially requires two things – having a down payment and getting a good mortgage which ultimately requires a good credit...
When you choose to work with a mortgage broker you gain access to unlimited financial advice that can have a huge impact on your financial situation. That's one reason to use a mortgage broker and here are six more to...
When buying a new home, you have to assess how much you can afford. The monthly mortgage payment will depend on a number of factors, such as family income and total expenses. This includes car loans/lease, credit card payments and other expenses...
First time mortgage doesn’t mean only the first home home that you buy. It can also mean the primary lien on the property you are planning to buy. It’s not about the level of home buying but the property itself. The term mortgage is a security for the lender.