Blog 25 Oct 2019 Benefits of a Variable Mortgage A variable rate mortgage is one of two main types of mortgages that exist today, the other being “fixed” rate mortgages. The main difference between the two is that, unlike… Kristen Godel
Blog 11 Oct 2019 Co-signer. Good or bad idea? Finding a co-signer for your mortgage approval can’t possibly be a bad idea if it helps you achieve your goal, and if the co-signer is aware of the benefits/risks associated.… Kristen Godel
Blog 27 Sep 2019 Credit Scores: What the Heck do I Really Need to get a Mortgage? Credit score (now referred to as ‘FICO score’) requirements for mortgages have changed over the last 24-36 months. So how do you know what credit score is required to achieve… Kristen Godel
Blog 12 Sep 2019 Don’t Be Loyal to the Big Six (Banks) It’s no secret that the “Big Six” banks are juggernauts in the mortgage and real estate sector. But does this mean that they are the best place to get a… Kristen Godel
Blog 23 Aug 2019 How to Pay off Your Mortgage Sooner The lifetime of a mortgage is typically the largest of any kind of loan. Currently, the maximum amortization of a mortgage loans is between 25-30 years, although in the past… Kristen Godel
Blog 09 Aug 2019 Stress Test in a Nutshell What is it? Simply put, mortgage seekers must qualify (on paper) at a rate that is 200 basis points (2%) higher than the contract rate being offered by the bank.… Kristen Godel
Blog 26 Jul 2019 The Power of Credit We often hear the importance of credit when it comes to borrowing, especially when it comes to mortgages. Major banks and institutions of all kinds, relay on a borrower’s credit… Kristen Godel
Blog 15 Jul 2019 Young Buyers Swapping Retirement Savings for Down Payments Isn’t this a scary thought? Younger buyers are thinking shorter term, rather than planning for their retirement. This might mean that we’re a generation doomed to work longer and live… Kristen Godel
