What’s the difference between a Pre-approval and a mortgage approval?
Before we get too excited, let's make sure we're all on the same page: a pre-approval is NOT the same as a mortgage approval. Here's the scoop:
Being truly retirement-ready is not just about savings
As Canadians approach retirement, they often anticipate a shift - less work stress, more freedom, and cherished time with family. However, financial anxiety looms over many. Are their savings really enough to support their retirement dreams?
Getting the Down Payment Down
A down payment is one of the most essential aspects of every mortgage application and new home purchase. In Canada, home purchases require a minimum cash payment from your own funds that is put towards the purchase. This is your down payment and is considered your stake in the deal.
All About Reverse Mortgages
While there are many different mortgage options out there, there is one type of mortgage available for seniors: a reverse mortgage. This article will be your comprehensive guide to reverse mortgages, what they bring to the table, and how they may be beneficial.
The Mortgage Financing Process
The number one question for any potential homebuyer or someone new to the mortgage process is “what does this process entail?”. The following is a simple outline to give you an idea of the process and help you understand what to expect as you embark on your home buying journey!
5 Approval Roadblocks: What you Should Know
When in the process of buying a home, there is nothing worse than having your mortgage broker or lawyer call and say “there is a problem”.
Are you unsure or not happy with the options you’ve seen?
Sometimes the first option isn’t the one. 💔
Let us take a second look—no applications, no commitments, no risk. We’ll see if we can find you a sweeter deal that’ll make your wallet do a happy dance!