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Many of our clients often ask about insurance options when taking a mortgage. Like many other forms of insurance, mortgage protection insurance offers a peace of mind in the event of unfortunately life events that…

A mortgage for income property can be different from the mortgage you have on your primary residence but it depends on personal circumstances and goals. For example, you may have a 5-year fixed mortgage on…

As many borrowers come to know, there are few types of mortgage lenders that exist in the world of lending. To simplify things, there are 3 main types: “A Lenders” “B Lenders” Aka “Alternative Lenders”…

A ‘power of sale’ is the legal terminology used for the repossession of real estate by the bank that holds the mortgage. In almost 100% of cases, a power of sale takes place when the…

Thankfully, mortgage rates today (even now in 2017) have remained historically low which is great for Canadians. Unless you’ve owned a home for quite some time, it may be difficult to understand what dictates Canadian…

With all the banking guideline changes that have taken place between 2016 –present, it’s important to speak with a mortgage advisor. When we say mortgage advisor, we don’t mean an advisor that works for any…

An equity take out on your home can be a life saver in times of financial distress, especially if used effectively. In most cases, an equity take out is the only OR cheapest option. Taking…

Today’s real estate market is flooded with first time home buyers, but it’s also flooded with existing home owners looking to upgrade… home owners who may need a bridge loan in order to close a…

We live in an age where we relay on credit for buying things, paying bills and making ends meet. We use things like credit cards and lines of credits to help us pay for things…

Renewing mortgage is one of the easiest steps involved in any mortgage process. You simply choose the renewal rate and corresponding term (1-5 years) and submit the completed form back to your existing institution. Typically…

The goal of every home owner is to pay the banks back with the least amount of interest paid as possible. When it comes to paying off mortgage, there are several approaches’ you can take…

I could confidently say that most home owners/first time home buyers compare mortgage rates solely on the scale or the ‘lowest rate’ and neglect to factor in their long term strategy/goals. When you compare mortgage…