Buying your first home is a significant milestone! While you’re thinking about your affordability and what type of home you want to own, we have some exciting updates around first-time homebuyer benefits: New or Pre-Construction Homes: Did you know? First-time buyers looking to purchase a new build or pre-construction home are eligible for 30-year amortization. This […]
Navigating the mortgage landscape can be daunting, especially if you have bad credit. But the good news is that it’s not impossible to secure a mortgage even with a less-than-stellar credit score. In this blog, we’ll explore your options and provide tips on how to increase your chances of getting approved. Understanding Bad Credit In […]
With the Bank of Canada rate decreases throughout the summer and into September, I thought this would be a great opportunity to update you on what this means for your mortgage. If you’re on a variable-rate mortgage, this will result in a slight decrease in your mortgage payments to match the current rates giving you more […]
As a local Mortgage Broker in Fort McMurray, I’ve had the privilege of watching our community flourish. With its unique blend of economic opportunities, community spirit, and natural beauty, Fort McMurray is an exceptional place to consider when purchasing a home. Here are some compelling reasons to make Fort McMurray your next home. 1. A Growing […]
When your mortgage renewal date is coming up, it’s a great idea to touch base with your mortgage broker. Here’s why consulting your broker can save you money, reduce stress, and help you make better choices. 1. Get Better Rates and Terms Mortgage brokers have access to many lenders and can often find better rates […]
When it comes to securing a mortgage, self-employed individuals often face additional challenges compared to traditional employees. Lenders may view self-employment as riskier due to fluctuating income and less straightforward financial documentation. Lets go over some tips to help you navigate the mortgage process application and make securing your mortgage as straightforward as possible! First, […]
Imagine a world where your property tax bill doesn’t loom over you like a financial storm cloud at the year’s end. Enter the Tax Instalment Payment Plan (TIPP), your ally in financial planning. This program transforms the daunting task of paying property taxes into a manageable, bite-sized process. Why Choose TIPP? The TIPP Advantage: The […]
Refinancing your mortgage can be a beneficial financial move, but it may not align with everyone’s long-term goals. Let’s go over the top 5 factors you need to be taking into consideration when refinancing your mortgage. 1. Interest Rates – Current Rates Vs Your Existing Rate: Compare the current market rates with the rate on your existing […]
When you’re trying to get a mortgage, you might hear the term “co-signer” come up. A co-signer is someone who agrees to share the responsibility of the loan with you, meaning they’re also on the hook if things go wrong. Their financial details, like credit score and income, help make your application look better, which […]
Being on the path to purchasing your first home is one of the most exciting and most rewarding moments in life! To help make the mortgage process smoother, one of the things you can do is to get pre-approved for your mortgage. Getting pre-approved doesn’t commit you to a single lender, but it does guarantee […]
100% recommend Charlene for mortgage broker needs. Melany, Charlene’s assistant was extremely responsive and honest when it came to the finances we needed for our dream home! The process to getting approved wasn’t as gruelling as some make it seem thanks to Melany & Charlene!
