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 […]

CLOSING COSTS Closing costs are a necessity when it comes to purchasing a home. They are not included in down payments, they are not included in monthly mortgage payments, nor are they included in the purchase price of a home, but you are still responsible for paying them, in full. Knowing they exist is half […]

Today’s blog discusses a really important topic. In fact, I think it is one of the most important things you will read when deterining who you want to help you with your next mortgage. 5 year fixed rate mortgages are the norm in Canada and at the time of signing your mortgage documents you never […]

The best part about being a mortgage broker is having access to many programs that banks and credit union may not participate in. The Flex-down program is just such a program. It is a great way for home buyers who are having a hard time saving up for their down payments and closing costs. Closing […]

THE MORTGAGE INSURANCE MARKET & WHOLESALE LENDERS The Canadian mortgage market used to be very simple. We had the big banks, credit unions, and trust companies. However, almost 20 years ago, the Canadian government made three major changes to the Canadian mortgage industry. First, the government and CMHC put their weight behind Canadian mortgages by […]