You Can Now Apply For Your Mortgage Online

You Can Now Apply For Your Mortgage Online!!!

We have had the capability for a long time to take online applications but have been reluctant to introduce new technology into the mortgage origination process. We introduced a lot of technology to assist clients in the mortgage process and for our office to manage workflow and documentation ...Read more...
Commentary On Our Current Market Conditions and How To Take Advantage Of Current Market Low Interest Rates

Commentary On Our Current Market Conditions & How To Take Advantage Of Current Market Low Interest Rates

First off, on behalf of our entire team, we hope everyone is safe and healthy during a confusing time with the impact COVID-19 is having on the entire world.   In relation to the impact on Canadian's Mortgages, we are now obtaining historical low interest rates for both fixed ...Read more...
10 Great Reasons to use a Mortgage Broker

10 Great Reasons to use a Mortgage Broker

By Scott Westlake0 comments
Here are 10 great reasons why you should consider a Mortgage Broker for your next Mortgage!   Be it purchase, refinance, renewal, residential, commercial, private or construction - here are 10 reasons why you need a Mortgage Broker in your corner.   To connect with one of ...Read more...
What the Bank of Canada recent rate announcement means to buyers

What the Bank of Canada recent rate announcement means to buyers

By Scott Westlake0 comments
The Bank of Canada maintained its target for the overnight rate of 1.75% for the tenth consecutive time. Demand remains robust in Quebec because of their strong labour market and in Ontario and British Columbia population growth is boosting housing demand.     With no change ...Read more...
Canadas First Time Home Buyer Incentive Program for First Time Home Buyers

Canada's First Time Home Buyer Incentive Program for First Time Home Buyers

By Scott Westlake0 comments
We have been inundated with questions on the New, First Time Home Buyer Incentive Program. Please see details below along for links to relevant information.  As always our brokerage and team will be leading the way with new initiatives and helping make home ownership ...Read more...
Minimum Down Payment Requirements

Minimum Down Payment Requirements

By Scott Westlake0 comments
Explanation of minimum down payment requirements:   Purchase price between $1 - $500,000 = 5% minimum down payment    Example - a purchase price of $400,000 is a minimum down payment of $20,000   Purchase price between $500,000 - $999,999 = Blended down payment    The ...Read more...
How To Know When You Are Ready To Buy A House

How To Know When You Are Ready To Buy A House

By Scott Westlake0 comments
Signs you are ready to buy a house!   1. You have enough for your down payment -The minimum down payment to purchase a home in Canada is 5% and this should be a natural starting point.  Being able to save for the down payment shows the discipline needed for home ownership ...Read more...
5 REASONS WHY REALTORS WANT YOU TO HAVE A PRE-APPROVAL

5 REASONS WHY REALTORS WANT YOU TO HAVE A PRE-APPROVAL

By Scott Westlake0 comments
In the embedded link there are 5 great reasons to have a pre approval and why your realtor wants you to have one in place.   I might add, that not all pre approvals are created equal.  A top realtor in our area called me asking about a pre approval a client received from ...Read more...
Powered by RWARDZ