HOW CAN YOU QUALIFY FOR A SELF-EMPLOYED MORTGAGE IN CANADA?
Applying for a mortgage can be a daunting task, especially for self-employed individuals. The strict approval requirements, which include strong creditworthiness, stable employment and income, and a substantial down payment, can make it challenging for self-employed Canadians to qualify for a mortgage. However, it is…
WHAT DOES A MORTGAGE BROKER DO?
When it comes to purchasing a home in Canada, the journey through the intricate maze of the mortgage process can often feel overwhelming and complex. However, you don’t have to navigate this path alone. That’s where Mortgage Brokers step in as your trusted guides and…
HOW TO PAY OFF YOUR MORTGAGE FASTER: STRATEGIES FOR HOMEOWNERS
Owning a home is a significant milestone, but the thought of paying off your mortgage over a 30-year period may seem daunting. However, there are various strategies you can employ to pay off your mortgage faster, often without spending much extra money. In this article,…
HOW MANY MORTGAGES CAN YOU HAVE IN CANADA?
Owning a property is a significant milestone for many Canadians. However, there are situations where you might need to take out multiple mortgages simultaneously. Whether you’re considering purchasing a second home, investing in rental properties, or exploring other real estate opportunities, it’s important to understand…
The home buyers’ plan: Access the money you need to buy your dream home
The home buyers’ plan is an often-overlooked way to access the money you need for a down payment on a house. If you have been contributing to RRSPs throughout your career, you likely have thousands socked away in retirement. Having these funds is critical for…