You know what a mortgage is. So here is another important question. You can’t just get whichever amount of money you would like. You need to qualify, you need to be pre-approved for the mortgage. This is an important first step in the process of...
You have purchased a home. The moving day is fast approaching. Have you considered all the costs? We decided to write this blog post to help every homebuyer budget for the costs - the obvious and the hidden ones - related to moving. What are the...
We all know the homebuying process is a complex task. From saving for a downpayment to finding the home of our dreams many steps need to be taken. We often tell people to budget on a monthly basis and to try to cut on certain...
The home buying process can be exciting and very stressful at the same time. You know, you are preparing to make perhaps the biggest investment of your life and you want to make sure you get the house of your dreams that you work so...
People often wonder why they should consider working with a mortgage broker when banks can do mortgages as well. We certainly get asked this question a lot. The truth is: there is a BIG difference between the two. Similar to the “house hunting process” where...
Dear readers, This week’s blog post is - again - another letter from me. As we take the first steps into this new adventure, I am very excited to share with you what we are doing as a team to ensure we achieve our true potential...
Dear clients (and readers), I have decided to create this week’s blog post as a letter to you all. The reasoning is simple: I believe in building relationships with everyone I work with and I like to add a personal touch to all the work I...
Ever since its implementation in January 2018, the mortgage stress test has been itself a source of stress for many potential homebuyers. Now, anyone who needs to qualify for a mortgage from a regulated lender needs to take this test. Again, just to review, this...
It is safe to assume that being a homeowner is almost everyone’s dream. We work hard to save for a downpayment, we make that house a priority on our list of goals, and we survive the entire process. Awesome! Unfortunately, getting the keys to our...
Perhaps the most used term when it comes to mortgages, but one many people still don’t really understand. What are interest rates? We want to pay the lowest percentage possible. But do we know what they actually are and how this percentage is calculated? You are...