Basement Suites
Basement suites, or secondary suites, are a great way to help manage the costs associated with home ownership. They can also help you qualify for …
Minimum Downpayment
Effective December 15th, 2024, the minimum down payment is changing to 5% for the first $500,000 of the purchase price, and 10% for the remainder …
New to Canada Financing
New to Canada financing guidelines can be complex to navigate for those new to the country and looking to purchase a home. The same can …
Mortgage Pre-Approval and Documents You Will Need
This information post will explain what it means to have a mortgage pre-approval in today’s environment, and the documents that you will need. When it …
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Mortgage Rates and Inflation
Mortgage Rates and Inflation There has been much discussion about mortgage rates and inflation in the news these days. The rate environment of the last …
High Ratio Mortgage Insurance Information
What is high ratio mortgage insurance? Why is it needed? In Canada, you can purchase a home with as little as 5% down. This is …
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Construction Financing
Foundations of Construction Mortgage Financing Building a home is a completely different process than buying an existing built house.A large part of how banks approve …
Writing An Offer Without Subjects
With unprecedented low interest rates and high demand for housing, there is no doubt about it, the real estate market is extremely active and so …
Title Changes
Title changes can happen for a variety of reasons. Some of those reasons include: tax purposes, marriage or divorce, co-signer / requalification changes, or estate …
Portability
If you are in a fixed rate mortgage and need to sell your property before the term is up, you may be able to exercise …