by debtcancel | Sep 14, 2021 | Credit Health, Mortgages
When buying a home, there is nothing worse than having your mortgage broker or lawyer call and say “there is a problem”. If you have found your dream home and negotiated a fair price, and you have supplied all the documentation to your broker, you probably assume...
by debtcancel | Aug 18, 2021 | Credit Health, Mortgages
When conventional lenders (such as banks or credit unions) deny mortgage financing, it can be easy to feel discouraged. However, it is important to remember that there is always an alternative! If you’re seeking a mortgage, but your credit score is damaged in some way...
by debtcancel | Jul 15, 2021 | Credit Health, Mortgages
As a first-time buyer, I am here to give you some tips on homebuyer mistakes to be on the lookout for so you can avoid them for the best experience possible! Thinking You Don’t Need a Real Estate Agent You might be able to find a house on your own, but there are still...
by debtcancel | Jul 8, 2021 | Credit Health, Mortgages
As you may have heard, the Bank of Canada recently changed the stress test rules as of June 1, 2021. With these changes, now both insured and uninsured mortgage borrowers will be subject to a stricter stress test when qualifying for their mortgage. The new qualifying...
by debtcancel | Jun 8, 2021 | Credit Health, Mortgages
When it comes to mortgages, it is easy to focus on the rates and your current situation, but the reality is that life happens and when it does, rates won’t be the only thing that matter. At the end of the day, a mortgage is a contract between you (the homeowner) and...
by debtcancel | May 19, 2021 | Credit Health, Mortgages
The term “rate hold” may be something you are familiar with if you have worked with me in the past. If not, it is a term that all prospective buyers should know!A rate hold is offered by the majority of lenders to clients who are purchasing a new home and need a...
