by debtcancel | Aug 31, 2020 | House Tips, Mortgages
Buying a home is one of the largest investments you will ever make! In order to make your home hunting experience the best it can be, there are a few key mistakes to avoid and be aware of before you start your journey:Not Getting Pre-ApprovedOne of the most important...
by debtcancel | Aug 17, 2020 | Credit Health, Mortgages
So, you are looking to purchase a second property! Congratulations! This is a great opportunity for you to expand your financial portfolio and ensure stability for the future. However, before you launch into this purchase there are a few things you should know,...
by debtcancel | Jul 27, 2020 | Credit Health, Mortgages
Did you know the biggest difference between getting your mortgage from a bank vs. a mortgage broker is that the bank only has access to their products, while I, your mortgage broker, have access to hundreds of different lending institutions and mortgage products to...
by debtcancel | Jul 23, 2020 | House Tips, Mortgages
As a Canadian homebuyer or homeowner, your borrowing power is impacted by a few factors. Recent changes to the lending policies announced by CMHC, The Bank of Canada’s qualifying rate and your banks’ Prime Rate and mortgage stipulations are all things to consider when...
by debtcancel | Jun 14, 2020 | House Tips, Mortgages
Getting pre-approved can be a vital step to the home-buying process! But don’t confuse this with pre-qualification; you can get a pre-qualification through the My Mortgage Planner app to determine what you might qualify for. Pre-approval, on the other hand, means that...
by debtcancel | Jun 10, 2020 | Mortgages
There have been recent announcements in the mortgage space and we want to ensure that you are always “in the know”.CMHC announced changes to their mortgage rules, which go into effect on July 1st. These changes include limiting the Gross/Total Debt...
