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16
Mar

Mortgages and Consumer Proposals

Navigating mortgage options after completing a consumer proposal in Canada can feel daunting, but many people successfully become homeowners again. A consumer proposal is a formal debt restructuring under the Bankruptcy and Insolvency Act, allowing you to repay a portion of unsecured debts over time (up to 5 years). Once completed (i.e., you receive your certificate of full performance), it affects your credit but doesn’t permanently block homeownership.
Here’s a clear breakdown of your options, timelines, and steps to improve your chances.

2
Mar

Spring Mortgage Pre-Approval Tips for Homebuyers in Fort McMurray and Across Alberta

Spring is one of the busiest times of year for homebuyers. More homes hit the market, more buyers are searching, and competition can get intense. That’s why we always recommend getting pre-approved for your mortgage before you start house hunting—it sets you up for success and gives you confidence when making an offer. At Charlene Elliott Mortgages, […]

Check here for mortgage news and updates relevant to you!

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Proudly Rated 5/5 Stars by Our Clients

Five Stars

“I probably would not own a home today, were it not for the expert service provided by Charlene Elliott. Working with Charlene was a pleasure through the whole process of my new mortgage.She was very conscientious and honest, and she continued to search for the most suitable choice until I was satisfied.
Without question, I will seek Charlene’s assistance in addressing future home financing requirements and recommend to friends that they do likewise.”
Jeff Morgan; Fort McMurray, Alberta