Monthly Archives: Monday August 29th, 2016

Renegotiate your mortgage before it comes up for renewal

Monday August 29th, 2016

Renegotiate your mortgage before it comes up for renewal

Karine contracted a mortgage loan three years ago and there are two years remaining before the end of the term. Her mortgage interest rate is 4%. During a discussion with a colleague, she learns that the current interest rates for a 5-year mortgage term are around 3.9%. She is aware that the rates have been […]
Read more

Changing jobs during the mortgage application process has its risks!

Monday August 15th, 2016

Changing jobs during the mortgage application process has its risks!

Changing your job in the middle of your mortgage application (purchase, refinancing, renewal or investment) can cause you some serious problems. In order to obtain your mortgage approval with all the conditions having been met, your employment status cannot be ‘probationary’. Therefore, if you change your job just before negotiating your mortgage, you will have […]
Read more

The 10-point case for working with a mortgage broker.

Monday August 8th, 2016

The 10-point case for working with a mortgage broker.

1. Get expert advice on your financial options. Because we are independent mortgage brokers, we are not tied to a specific product range or a particular lender. Our only goal is to help you secure the best financing possible for your property. First, we take the time to get to know you and then work […]
Read more

Tired of paying rent?

Monday August 1st, 2016

Tired of paying rent?

Are you tired of paying the mortgage of your apartment building’s owner? Are you ready to make the leap and become a homeowner? You might feel totally ready, but, in my opinion, the first step you need to take before you go home or condo shopping is to get yourself pre-approved. A pre-approval allows you […]
Read more