Credit Scores seem to be the buzzword lately when it comes to talking about money, budgeting, and mortgages. They play a pretty key role for banks and lenders to decide if you qualify for a loan, but what exactly is a credit score? How is it calculated? And what should you be doing to help […]
As we prepare to send our kids back to school, now is a crucial time to start talking to your kids about money. Especially for those starting post-secondary this fall. Once they turn 18, they might notice banks and credit card companies are beginning to offer student credit cards and back to school deals. These […]
Are you in a Variable Rate or a Fixed rate mortgage? Is your interest rate and mortgage still working for you? Today, let’s talk about your options and how we can make sure your mortgage product that worked for you two years ago, is still working for you today!
For homebuyers, saving up the required down payment is often the most challenging part of buying a home. This is especially true for first-time homebuyers who don’t have the equity or proceeds from a previous house’s sale. Once you’ve saved up your down payment, we’re going to need to collect documents from you to prove […]
Is your mortgage up for renewal and you’ve just received a letter from your lender with a renewal offer? Here’s all you need to know before you sign that letter. We want to make sure you’re not leaving any money left on the table, so give us a call before you sign on that dotted […]
Did you know that most lenders will accept your Canada Child Benefit (CCB) as part of your income on your mortgage application? This can be a great addition to strengthen your application if you’re recently separated. But even if you’re not, we can use this income to help your family secure a mortgage that’s affordable […]
Housing prices are breaking records across the country and we expect them to continue to rise throughout the warm summer months. If you’ve been waiting for the so-called bubble to burst, now actually might be the best time for you to make a move and buy a home! Because with interest rates at an all-time low, […]
In the fourth instalment of our series on Divorces and Separations, we’re going to talk about the Separation Agreement. I let all of my clients know that a Separation Agreement is one of the most important documents you need when moving forward, but what is it? Why do we need one? And most importantly, what […]
Now that we’ve determined what the property value is, what’s the next step? Let’s say one of the parties decides they want to stay in the matrimonial home, so we need to do a spousal buyout. How does a spousal buyout work? What happens with the equity that the house has accumulated? Do you have […]
In the second episode of our series on divorces and separations, we’re going to talk about the property and the property value. Does it make sense to stay in the matrimonial home or is it best for you to move? We’re going to look at what you can afford on paper, but also what you […]
