Your dream home isn’t always within reach when it comes to buying a house for the first time. This can lead many first-time homebuyers wanting to wait and hold off for another year before going forward and making an offer on a place. But will you be chasing a dream forever?   Should you wait […]

Read More →

Is it time to renew your mortgage?   Learn what a mortgage renewal entails and what you should do before signing on the dotted line.   3-6 months before your mortgage term is complete, most lenders will send you a mortgage renewal notice in the mail. The notice will ask you to check a box to […]

Read More →

Just because the timing doesn’t work currently, doesn’t mean you have to lose hope about buying a home. Here are some common reasons people don’t receive mortgage approvals right away and ways to increase their chances of being approved for a mortgage in the future.   Start by asking why you didn’t qualify for the […]

Read More →

It is essential to fix issues on your credit bureau before applying for a mortgage. Here are some tips to improve your credit and increase your credit score. The best time to start working on your credit is now, 6-12 months before you apply for a new mortgage. If you’ve had severe credit challenges, it […]

Read More →

Looking to get pre-qualified for a mortgage? Or wait, should you get pre-approved instead? If you are like most people, you find the two terms confusing. Not knowing the difference between being pre-qualified and pre-approved could cost you your new home!    Here is the difference: A mortgage pre-qualification allows a buyer to get an idea of what […]

Read More →

Saving a down payment to buy a home can be the biggest challenge first-time home buyers’ face. In Canada, the minimum down payment is five percent of a home’s purchase price that is under $500,000. If the home’s purchase price is over $500,000, the requirement is five percent on the first $500,000 and ten percent […]

Read More →