WHAT IS A COLLATERAL MORTGAGE? A collateral mortgage is a way of registering your mortgage on title. This type of registration is sometimes used by banks and credit unions. Monoline lenders, on the other hand, rarely register your mortgage as a collateral charge – which is an all-indebtedness charge that allows you to access the […]

Getting your mortgage approval is a JOYOUS time! However, you are not out of the woods. From the time you get your final approval until possession date, you are on notice. You must keep everything the same. Read today’s blog for more info! 5 WAYS YOU CAN KILL YOUR MORTGAGE APPROVAL So, you found your […]

Today’s blog come from London Ontario. As mortgage brokers one of our primary functions is to help people with not-so-good to bad credit repair it. We have many way to help! However, ever the best remedy is a reasonable and strict budget for your household. We can help you figure out where your excess money […]

Many Manitobans dream about that beautiful sprawling bungalow on 5-10 acres in a peaceful country setting. Our blog today discusses a few things you should consider before taking the plunge. Enjoy… 5 THINGS TO KNOW BEFORE BUYING A RURAL PROPERTY After several years as a home owner, my friend was set to buy the home […]

WHY WE CHOSE A MORTGAGE BROKER For Arthur Dubreuil, the recent purchase of his new house will sound like a similar story for many homebuyers. Looking to upsize to meet the needs of his growing family, the Toronto area resident looked east outside the city for a more affordable option. What he found was a […]

Today’s BLOG is coming from BC! In Manitoba however, we have an extra closing costs for insured mortgages. If you have less tha 20% down. The Province of MB also charges PST on the CMHC/Genworth Insurance premium. Enjoy our blog! 6 HOME PURCHASE CLOSING COSTS When you purchase your home, there are 6 additional costs […]

ALL ROADS LEAD TO JUNE -OUR HOUSE MAGAZINE What do you do when you’re tired of the 9-5 daily grind and want to strike out on your own? For gal pals April Brown and Sarah Sklash, it was obvious – buy an aging motel in the country and renovate it. If it sounds like a […]

Rates are increasing! One thing that I personally would like to stress, is that if you are in a variable rate right now and you are currently paying over 3%, then you need to make a change right now. I hope you enjoy today’s BLOG From Angela! 🙂 FIXED RATES ARE ON THE RISE. ARE […]

HAVING YOUR CAKE AND EATING IT TOO – OUR HOUSE MAGAZINE This article appears in the April issue of Our House Magazine Looking for an escape from her daily job, one B.C.-based custom cake maker has found the perfect recipe for success. Working inside a prison can be one of the most stressful jobs out […]

Today’s blog comes from our colleague Allan Jenson. It’s hard to believe that 100% of home buyers are using a mortgage broker, or at least getting a 2nd opinion about their mortgage. We typically don’t charge for our time, we can almost always get a better rate and term than the bank and we can […]