Apparently, as per the weather experts, March has a lot of snowfall and surprisingly so does April! Hearing this on the radio gives you a wave of emotions: holy cow, oh great, I wonder how many vacation days I have left and when can I take down my Christmas lights. Good news, those same weather […]

The Spring home buying frenzy is well underway. Many listings are starting to get multiple offers on the offer date. The questions we always get from REALTORs and Homebuyers is “How can we write an unconditional offer?” The simple answer is you really can’t. I know, many REALTORs and many Homebuyers take huge and monumental […]

What usually follows once someone hears the term “Monoline Lender” for the first time is a feeling of suspicion and lack of trust. It’s understandable, I mean why is this “bank” you’ve never heard of willing to loan you money when you’ve never banked with them before? In an effort to help you see the […]

KEEPING YOUR CREDIT SCORE HEALTHY If you haven’t seen your credit score, you’re not alone. Many of our clients don’t know about their credit score or even know what it is when we first meet with them. During our initial consultation, we go over your complete credit report with you. As an added bonus, we’ll […]

REFINANCING IN 2018 Recently there were changes to the mortgage rules yet again, and one of the rule changes was regarding refinancing your home. At one point in the last 10 years you could refinance your home all the way back up to 95% of its current value, which in many cases has put that […]

Our own Pauline Tomkin discusses what you need to know before your mortgage renews. IT is really important to do your due diligence to ensure you are in fact getting the best rate and terms for your personal situation. A 2nd opinion could save you $1000s of dollars in unnecessary interest and fees. Enjoy the […]

Our Ryan Oake explains to be more conscious about your down payment in the blog below. I would like to add that it is very important to review your retirement plan at the same time as your mortgage application. It is key to make sure that the amount of the down payment you do choose […]

Getting a commercial mortgage is a tricky business to begin with. Commercial Mortgage Brokers, do not have any magic wants when it comes to commercial mortgages. We do however have access to alternative lenders. Please read below our DLC Colleague’s blog. Need A Commercial Mortgage? If you’re an entrepreneur, business person or commercial investor then […]

TIPS FOR YOUR VARIABLE RATE MORTGAGE THAT COULD SAVE YOU THOUSANDS With changes to mortgage rules and interest rates on the rise here are some tips for your variable rate mortgage that could save you thousands. Since 2009 the prime lending rate has shifted from a high of 6% down to 2% range remaining fairly […]

In 2008, the Federal Government started making some changes to how mortgage applications are approved in Canada. I think it important to recap some of these changes. Prior to the first rule change: – No down payment required – finance 100% – Maximum amortization was 40 years. – Refinance up to 95% the value of […]