Help us speed up the approval process and get you ready for your application process. Purchase Refinance Proof of Down Payment MLS Listing Signed Purchase Agreement Identification Income Verification Void Cheque Income Verification Your Most Recent Mortgage Statement A Void Cheque Identification
The mortgage world has definitely changed over the last year with what seemed like new mortgage rules coming out monthly.
Happy 2017! Thinking of buying your first home or a new home in 2017? Here are a few things to keep in mind when applying for a mortgage this year. Complete your Taxes Your mortgage broker and lender will ask for your Notice of Assessment that you receive after submitting
If you have heard about the changes just announced in an attempt to improve the stability of the Canadian home market you could be left confused or worried about what it will mean for you, but here we will break it down. The “Stress” Test Effective October 17th, 2016, all
Canadian real estate prices remain strong. This is in large part due to a low interest rate environment that not only affects borrowers but investors as well. With low deposit interest rates in Canada, US and Europe, investors are looking for appreciating assets to invest in. Canada with its diverse
The Canadian Mortgage and Housing Corporation (CMHC) recently released its 2016 Mortgage Consumer Survey. The survey consisted of over 3000 Canadians who had undertaken a mortgage transaction in the last 12 months. Results show that 62% of respondents had renewed their mortgage in the last 12 months while only 18%
When applying for a mortgage one of the areas all lenders will look at is your credit, which show lenders your history of repaying debt. Credit scores can range between 300-900 and the higher your score, the better you look to lenders. Having a score above 700 means you are
When choosing a mortgage option that is right for you, planning for the future is an important aspect. Having a mortgage broker walk you through your options can help ensure you choose the best possible solution to fit your specific needs. Know what your five-year plan is and from there
When it comes to mortgage payments, having a strategy to save money can be simple. Here are a couple tips to help you on your way to financial freedom by controlling your mortgage payments. Have a variable rate mortgage? Try paying the monthly payment you would be paying if you
When shopping for a mortgage it’s hard to get “low rates” out of your head. Of course, you would like the lowest rate you can get, but focusing solely on one aspect of your mortgage is a common mistake many people make. Many mortgages with low rates often have a
