There is almost ALWAYS a mortgage solution. New to Canada? Self Employed? Maybe a few credit glitches in your past? You just need to ask the right mortgage consultant. Not everyone can qualify for bank mortgages today. It doesn’t make you a bad person, it makes you a business savvy person getting the best mortgage […]

Moving up the property ladder is an exciting time in your life – having clarity on how the process works is key to your success. 1. Understand the terms of your mortgage and be prepared – get a pre-approval. Just because you already have a mortgage now, doesn’t mean you automatically qualify for a new […]

I receive calls every month from people who want to know how to qualify for a mortgage because they were declined by their bank. In many cases I can help them and in some cases they have to wait – but we identify what they need to do to get in a better situation to […]

The Home Buyers’ Plan (HBP) is a program that allows you to withdraw up to $25,000 from your registered retirement savings plan (RRSPs) to buy or build a qualifying home for yourself or for a related person with a disability . You must be considered a first-time home buyer. You are not considered a first-time […]

In the spring of 2012, after a 15-year roller-coaster ride on the stock market (huge gains and sharp drops) with a net gain of less than 2% on the total contributions made, it was decision time. My wife and I took a hard look at our RRSP investment ‘strategy’, such as it was. Our conversations […]

In hot real estate markets, it’s common for both buyers and agents to consider having no subjects to financing when making a purchase offer. It’s important to realize, however, that no professional is in a position to legally advise you to enter into a real estate transaction with no subjects, especially no subject to financing. […]

Before home buyers go shopping for a home, it is important to know what you can afford before you buy. It is becoming more common for home buyers to make an offer, get declined for the mortgage and the deal collapses. This is stressful for everyone involved, including the buyer, the seller and the realtor. […]

This is a sequel to This vs That, which I published last week on the Dominion Lending Centres website. A good idea always has an encore presentation. Heck, Rambo was so good they made another four movies. Here are a handful of additional terms used in the real estate and mortgage industry and hopefully the explanation will provide […]

Since the September Bullying Ends Here presentation in Whistler, BC, where I had the opportunity to personally meet so many of our Dominion Lending Centres family members, a lot has happened. I am in daily contact with many of the DLC offices throughout the country who are all interested in planning fundraisers, community events and reaching out […]

I have heard from many people that mortgages are boring. I completely agree! If I was building a rocket or a doctor saving a life, that would be exciting. But I don’t build rockets and I’m not a doctor. I just set up mortgages. They’re uneventful, and require a large amount of money you have […]