One of the best-kept secrets in the mortgage industry is the Owner Occupied Rental Program.  Did you know, that anyone can buy and owner-occupied duplex, tri-plex or even a four-plex with only 5% down?  It’s true!  The best part is that many lenders will allow you to use 100% of the rent to help you […]

So, you want to buy a house?   You need information that is accurate and up-to-date.  Many first time home buyers start googling on the internet.  It is very easy to get confused and overwhelmed with the amount of information available.  Fixed rates, variable rates, CMHC, Genworth, 5% down, 20% down, insured, conventional, collateral charges…. […]

Are you tired of the mass media paranoia?  The Housing Bubble! Debt-to-income Ratios! Canada Is On The Verge Of Economic Collapse!  Foreign Investors!  The Stress Test!  The Liberals, The Conservatives, The NDP are destroying our country or province or something or other virtually every day.  It would seem that the sky is falling. Take a […]

Mortgages are simple.  They should be easy to acquire and should have a common-sense based application process.   However, over the last decade, there have been numerous changes.   The regulators have decreased our amortizations from 40 years to 35 to 30 and now 25 (for insured mortgages).  They have curtailed and obstructed small business […]