1/3

Why the Property Matters

When looking to qualify for a mortgage, typically a lender will want to review four main areas of your mortgage application. Income, credit, downpayment/equity, and the property itself. So if you currently own a home, and are looking to upsize, downsize, take on a renovation challenge, or purchase a fixer-upper as an investment, it’s good … Continued

Read Article

Does it really make sense to pay down your mortgage quicker?

Growing up, most of us were told that you need to pay down your mortgage debt as quickly as you can. At first glance, this makes complete sense. Why wouldn’t you want to pay down the largest debt of your life? However, with interest rates so low there might just be a better place to … Continued

Read Article

The Guise of Mortgage Portability

Is my mortgage portable? The answer is probably yes. Is it easy to port my mortgage? The answer is probably not. When you’re selling your existing home and buying something else, porting your mortgage involves transferring the remainder of your current mortgage term, outstanding principal balance, and interest rate to that new property. Although this … Continued

Read Article

If your down payment is under 60% of the purchase price, you will need mortgage insurance on your loan. We will determine the size of this premium and automatically include it in the calculations.

Subscribe to our newsletter

Providing solutions for over 16 yrs in the industry. Big Bank Experience – in financial advisory roles – specialized in real estate lending. More content here.