Category: Mortgage Products
Using your RRSP for a Down Payment
If you’re a first-time buyer with a home purchase in your near future, you might want to consider taking advantage of the Federal government’s Home Buyers’ Plan (HBP). In a nutshell, the HBP allows each buyer (provided they’re both first-timers) to use up to $25,000 of their RRSPs as a down payment towards a home [...]
Count-down to New Mortgage Rules
With just a few weeks to go before the new mortgage rules take effect, do you know how they might affect you?
New Mortgage Rules for Canadians: What you need to know.
If your planning on purchasing a home, taking equity out of your existing home, or even applying for a Home Equity Line of Credit with your bank, there are some changes coming up for Canadians that you should know about and, depending on how they affect your plans, may bump up or push back your [...]
Thinking About Buying Your First Home? Consider These Questions
You’re considering buying your first home, an exciting step no matter where you are in life. From a university graduate, to a newly married couple, to someone who is later on in life and ready to root down somewhere, buying your first home is exciting, but at the same time nerve-wracking experience. How do you [...]
RRSP Contributions vs. Paying Down Your Mortgage: What’s Best for You?
For most people, taking control of your finances and paying down debt is high on the list of New Years resolutions and while planning a budget to pay down debt is a great starting point, most people forget to think of their nest egg and future plans in the here and now because, let’s be [...]
Credit Score Secrets
An interesting article provided by Yahoo! Finance outlines a lot of the things that nobody thinks about with respect to your credit score.
Clarification to Government Rule Changes
The announcement by the department of finance on February 16th left some room for interpretation. CMHC has recently announced clarification to the announcement. Read for details.
Banks vs Non-Bank Lenders
A Brief Analysis of Banks and Non-Bank Lenders. Is one more risky than the other? Find out more with this article!
Are you Self Employed?
Most of our Mortgages for Self Employed borrowers are at the best interest rates on the market!
Many Self Employed borrowers are unable to verify their income the same way as an employed borrower. Most Self Employed people write-off many of their business expenses and because of that have low taxable incomes.
Fast Home Equity Loans
The Equity you have in your home, being the difference between your remaining mortgage balance and the market value of your home, is sometimes the best if not the only way you can qualify for a loan.
