Misconceptions of a CHIP Mortgage
Many homeowners have beliefs about how a CHIP Mortgage works but are not clear on the main benefits and protection offered by the...
Mortgage Pre-approval is Not What You Expect
Although going through the pre-approval process is more important than ever, the actual term ‘pre-approval’ is often misleading. It...
Why They’re Not Really In The Mortgage Business
Often, when we talk to you about mortgages, Mortgage Professionals will provide you a set of choices involving banks, credit unions and...
But They Said It Was Portable…
The question most often asked: ‘Is my mortgage portable?’ The answer most often given: ‘Yes.’ This answer is increasingly wrong. In...
Additional Financing with a "Blend and Extend" Mortgage
Prepayment Privileges You need additional financing. Do you prepay your existing loan? We remind readers that commercial mortgage...
Documents you need to qualify for a mortgage
Being fully pre-approved means that the lender has agreed to have you as a client (you have a pre-approval certificate) and the lender...
Housing Is No Longer A Canadian Growth Leader
OSFI has announced steps to reduce risks in the uninsured mortgage space. Siddall pointed out that these measures apply only to the...
Mortgage Payment Options… Which is the Best Option for Your Situation?
Once your mortgage has been funded by your lender, you need to decide on how frequently you want to make your mortgage payments. Most...
Mortgage Insurance 101
When you purchase a property, you may be a little overwhelmed by all the insurance offers related to the purchase of said property....
I've never heard of that lender before
One of the benefits of working with an independent mortgage professional; compared to getting your mortgage through a single institution,...
