Blog 30 Apr 2019 First-Time Home Buyer with No Down Payment Being a first-time home buyer has many challenges in todays mortgage environment. In recent years, the Introduction of the mortgage “stress test” has but an added strain on the purchasing power of most first-time home… nkad3
Blog 15 Apr 2019 Recent Inquiry – First Time Home Buyer Question from caller: “I am new to Canada, is there a way I can get a mortgage?” Fortunately for many people who are in this situation, there is a “new to Canada” program that is… nkad3
Blog 15 May 2019 Proof of Income for Self-Employed Mortgage Mortgage approvals for those with stable employment have always been straight forward. These applicants for the most part, provide job letters and paystubs to confirm their income. As long as the information checks out through… nkad3
Blog 15 Jun 2019 Recent Inquiry – Urgent Mortgage Question from caller: “My purchase is closing is next week, and I need a mortgage from a mortgage broker urgently because the bank did not follow through. Can you help?” This might just be the… nkad3
Blog 31 May 2019 What To Do Before Shopping For a Mortgage Knowing what to do before shopping for a mortgage is just as important as knowing which features you want in a home before asking your Realtor to show you houses! If you dismiss this step,… nkad3
Blog 28 Feb 2019 Recent Inquiry – First Time Home Buyer Question from caller: “I was a previous home owner, but I was wondering if could be considered as a first-time home buyer again? This is a very great question because there are different programs that… nkad3
Blog 20 Nov 2018 Is An Interest Only Mortgage Right For You? An interest only mortgage is right for you if it needs to be right for you. Yes, I agree that this sounds very wishy washy, but let me explain further. An interest only mortgage is… nkad3
Blog 15 Nov 2018 How Can I Prepay a Mortgage? What is Mortgage Pre-payment? Though not offered by all banks/lenders, it can really come in handy to utilize the option to prepay a mortgage (if/when the option in available). However, to avoid confusion, this blog will focus on two… nkad3