Pre-Qualified vs Pre-approved for a Mortgage

Pre-qualification vs Pre-approved for a Mortgage

Looking to get pre-qualified for a mortgage? Or wait, should you get pre-approved instead? If you’re 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 they […]

What is Title Insurance?

First Canadian Title

Title insurance protects you, the homeowner, against losses associated with title fraud and a variety of other property issues. Title insurance is unlike traditional insurance — it does not just cover things that may happen in the future (e.g. title fraud), but also, property defects that have already occurred in the past, before purchasing your […]

Mortgage Myth Busters

Mortgage Myth Busters

Buying a home is an important decision. I’m here to provide guidance and knowledge to help you plan for a secure financial future through homeownership. With that in mind, here are a few myths about mortgages that are important to understand. Mortgage Myth #1… My bank will give me the best mortgage rate Banks profit […]

Mortgage Brokers Offer Choice

Mortgage Brokers Offer Choices

The next time you’re looking for a mortgage for that new house or you’re up for renewal on your existing mortgage, think about using a mortgage broker. Their services are free and they offer you an abundance of choices the banks simply can’t compete with. Mortgage brokers have access to a vast array of lenders […]

Looking Beyond Mortgage Rates

Looking Beyond Mortgage Rates

It’s easy to get caught up in the idea that comparing mortgage rates will guarantee you the best bang for your mortgage buck. While this may be true for particular situations, there are many scenarios where this strategy is not practical. Here are three reasons why it doesn’t always pay to make a decision based […]

Buying a Starter Home

Buy a home that fits within your budget and is a good starter home.

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 home buyers 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 […]

Mortgage Renewal

Mortgage Renewal

Is it time to renew your mortgage? Before signing a lender’s renewal notice, educated yourself on the renewal process. One mistake could cost you thousands of dollars. 3-6 months before a mortgage term is complete, most lenders will send a mortgage renewal notice in the mail or email information to their clients. The notice will ask […]

Become Mortgage Free Faster

Ways to Pay off Your Mortgage

How many years from now do you want to own your home and become mortgage free? As you may already know, paying your mortgage off the traditional way takes 25 to 30 years and costs about twice the purchase price of your home. Here are some practical ways to pay off your mortgage sooner, build equity […]

Let’s Get Your Mortgage Approval on Track

Mortgage Declined

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 mortgage. […]

Ways to Improve Your Credit Score for a Mortgage

Ways to Fix your Credit Score

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 […]