When considering buying your first home, I am sure you will have many questions. I hope to give you some insight to what lenders are most importantly looking for when qualifying for a mortgage. 1. What’s the best rate I can get? The rate that you receive depends on a number of things. I get a […]

Are you an adult with an aging parent(s) and are you concerned about your parents’ ability to remain financially independent? Today, Canadian adults have many responsibilities, including the concern for their children’s well-being, as well as their parents’ quality of life and their debt. As life expectancy rises for the senior demographic, there is a […]

In the News: 15% Property Transfer (bonus) Tax for Foreign Buyers in B.C. Short Version “Good intentions can often lead to unintended consequences” – Tim Walberg As Canadians we no longer appear to be a people that keeps our word. Review the official policy here. Long Version The BC government is increasing the PTT by a 15% […]

Sometimes we forget what great tools we have from our Private Mortgage Lenders. 1. Construction mortgages for the smaller home builder, loans based on each property or blanket several and payout the mortgages as they sell. 2. Are you a builder already and have standing inventory that you’d like to take some money out of […]

Pre-approvals are certainly beneficial. However, they can also be very disappointing if you are not prepared to know what they actually mean. They DON’T mean… They don’t mean that you have a mortgage.Until there is a Purchase Agreement (a written up contract to purchase a property) actually submitted to a bank and a commitment from […]

So you’ve graduated from high school and off to university or college. Before you start, take the time to set down some goals and a budget for your financial future as a post secondary student. Your parents have probably been telling you to put aside some money from your part time job into savings. However, […]

In today’s market, variable and fixed rates are not too far apart. This makes most people think that the fixed rate is the way to go as it’s often viewed as the safest option. Many believe that variable rate mortgages are for the daring and at any time your rate could double leaving you high […]

When I meet with my clients, I explain that I believe my role is to get them the mortgage that fits their goals and plans, while saving them the most amount of money over the lifetime of their mortgage. This takes into consideration what you might be offered at renewal time by the lender or […]

Knowledge is power! With education comes limitless possibilities. Are our kids learning the essentials in life? Are they being empowered to make life-changing decisions when they enter into the real world of economics? The education that most kids in senior secondary school receive these days focuses on biology, math, physics, chemistry, English, physical education, social […]

The level of documentation required for the average mortgage these days can be very frustrating. It can seem endless, very nitpicky and annoying because we are able to purchase a vehicle with just a paystub. There are a few reasons for the increased documentation requirements. The first is that the banks are mandated by the Anti-terrorism […]