Mortgages

The Mortgage Renewal Process Explained

The Mortgage Renewal Process Explained

Has your mortgage come up for renewal? If so, here's what you can expect from the process and some tips on how to make the most of it.

Understanding The Bully Offer In Real Estate

Understanding The Bully Offer In Real Estate

The real estate market can be very competitive. Learn how some homebuyers try to gain an edge by using an aggressive tactic known as the bully offer

Interest Rate Differential (IRD) Mortgage Penalty Explained

Interest Rate Differential (IRD) Mortgage Penalty Explained

Thinking of breaking your mortgage contract? If so, you might have to pay a penalty known as the Interest Rate Differential (IRD).

Advantages & Disadvantages of a Collateral Mortgage

Advantages & Disadvantages of a Collateral Mortgage

A collateral mortgage is a way to finance your home purchase and gain access to a line of credit. Find out if this type of mortgage is right for you!

Joint Tenants vs Tenants in Common: Which is Better?

Joint Tenants vs Tenants in Common: Which is Better?

Co-owning property is a big commitment. Discover the difference between joint tenants and tenants-in-common and how each could affect you.

Personal Debt Service Coverage Ratio: What is it & How to Calculate

Personal Debt Service Coverage Ratio: What is it & How to Calculate

Learn why your personal debt service coverage ratio is important, how to calculate it, and how lenders use it accept or reject your loan application

Closing Costs Explained: A Guide for Buyers and Sellers

Closing Costs Explained: A Guide for Buyers and Sellers

Closing costs add a considerable financial burden when you buy or sell a property. Discover which you must pay and which are optional or negotiable.

A Guide to Bridge Financing

A Guide to Bridge Financing

The gap between house sale closing times presents a challenge for individual homebuyers and real estate companies alike Bridge loans can fill the gap

A Complete Guide to the Mortgage Stress Test

A Complete Guide to the Mortgage Stress Test

First-time home buyers and seasoned property owners alike have to pass the mortgage stress test. Here is everything you need to know!

A Guide to Amortization Periods

A Guide to Amortization Periods

A mortgage amortization period affects many elements within your loan. Explore what you should consider before you decide on which is best for you.

First Time Home Buyers’ Program for BC Residents

First Time Home Buyers’ Program for BC Residents

Purchasing your first home can be exciting, but probably the largest purchase you'll ever make. Learn how the BC First Time Home Buyer's Program can help trim your costs.

What Is The Home Buyers’ Plan?

What Is The Home Buyers’ Plan?

Are you keen on buying your first home but short on money? The Home Buyers' Plan can help by turning your RRSP into your own personal bank.