Mortgage Application
If you want to know what it takes to prepare a successful mortgage application in Canada, you’ve come to the right place.
Bridge Mortgage: Buy a New Home Without Having Sold the Old One
You've found the home of your dreams. The only problem is you haven't closed the sale on your existing property. And, you need the equity in your home to buy the new place. You can't get the money until you…
How to Get a Mortgage with Bad Credit in Canada
The credit score you have will directly affect how or if you can get a mortgage in Canada. If you have a good credit score (680 and above for a home), you’ll be offered competitive credit products. If you have…
Biweekly vs. Accelerated Biweekly Mortgage Payments in Canada: Which One Should You Pick?
Is there a topic that is discussed more amongst Canadians than our mortgages? For those taking on a new mortgage or looking to renew their existing one, you might be wondering what you can do to reduce your mortgage and…
How to Get a Mortgage with a Guarantor in Canada
Considering the state of Canada’s booming real estate market, you’ll need a mortgage if you wish to purchase property. However, tight budgets and low wages can make it difficult to qualify for a mortgage with a high principal. With a…
Is a Joint Mortgage Your Key to Homeownership?
The joint mortgage is pretty common in Canada and continues to grow in popularity. But why? As the cost of housing in Canada surges to new highs, many are being shut out of the real estate market; they are unable…
Should You Co-Sign a Mortgage?
Should you co-sign a mortgage loan? In the last twenty years, home prices have risen a staggering 375% across the country, on average. In some cities, that requires a six-figure down payment. Canada’s housing crisis is making it even more…
How to Get a Mortgage Pre-Approval in Canada
Before you start house-hunting, first you need a mortgage pre-approval. It might sound a little backwards but there's a reason you need one before you do anything else. Applying for a mortgage pre-approval is like asking your lender to go…
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