Buying Your First Home in 2017? – 7 Steps to Maximize Your RRSP Down Payment Are you thinking of buying your first home in 2017? If yes, contributing to your RRSP before the March 1 contribution deadline can help you increase your funds available for your purchase. Follow the 7 steps below so you can […]

35% Down… The New Conventional Mortgage? If you’re looking to buy a new home, one of the most difficult things can be putting together a down payment for the mortgage. So how much do you really need to put together before you can get into the home of your dreams? Let’s take a look at […]

So You Want To Port Your Mortgage? Recently a video appeared on Linkedin and a few other places singing the praises of porting your mortgage and making it seem like a walk in the park. If you have ever done one, then you would know that it is anything but that scenario. Porting is not […]

Getting Strict On Documentation With an increase in concern about fraud, lending institutions are getting strict on documentation for mortgage approval. As part of the mortgage approval process, your mortgage broker will ask for documents to show proof of your income, down payment and possibly other items such as proof of permanent residency and other identification. […]

Optimism For Future First Time Homebuyers December 15th, the B.C. Provincial Government shared that it will begin offering financial assistance to B.C. first-time home buyers in regards to their down payment. They estimate that 42,000 new first-time home buyers will take advantage of this program over the next three years. What the B.C. Government Will […]

Reading This Could Save You Thousands of Dollars!! (AKA How to renew your mortgage in 5 easy steps) What is a mortgage renewal you ask? Each mortgage has a set term which can vary from 1-10 years. Just before the end of your term you will receive an offer from your current lender and you […]

Financing Solution – Home Equity Line Of Credit The Home Equity Line of Credit (HELOC) lets you split up your mortgage debt and borrow against your equity at low rates. The unique feature of this mortgage product is that you can slice the pie (the mortgage balance) into various segments. All of it is registered […]

Be the Sunshine For a Senior This Month As Canadians, February can be one of the hardest months. It’s when the wounds of the holiday credit card bills are still fresh and taxes for the upcoming season need to be prepared. Financial stress may be at its peak. According to Statistics Canada, over 1.4 million […]

What You Need To Know About No Frills Mortgages You’ve been offered an amazing rate and you just can’t believe how much you will save. You’re super excited and getting ready to go sign off on the papers when you randomly run into a mortgage broker and mention the deal you scored. The broker says […]

Top Five Home Renovations That Increase Property Value Looking to increase your homes property value? Here are five of the best renovations you can do to your home to increase property value. These five renovations can sometimes have a return on investment 5-6x what they cost. # 5 Flooring Flooring is one of the most […]