When you’re preparing to apply for a mortgage, it’s essential to understand what types of income lenders will consider. Many clients are surprised to learn just how varied and complex these sources can be. While traditional employment is the most common income type, there are other streams that may be eligible, though they aren’t all […]
For many Canadians, managing multiple high-interest loans is overwhelming. If your monthly cash flow is tight, leaving you stressed and stretched thin, it’s time to explore a solution tailored for homeowners: debt consolidation. Not all debt consolidation options are the same, but for homeowners, there’s a way to simplify finances, lower payments, and secure a […]
Raising a family while trying to buy a home? It’s no secret that juggling parenting expenses and homeownership can be tricky, but here’s the good news: there are ways to make it work. Canada offers some built-in “boosters” to help parents qualify for a mortgage. From maternity leave income to child support payments and government […]
So, you’re in the exciting process of buying a new home, but here’s the catch—your closing dates don’t quite line up. Sound familiar? That’s where bridge financing comes in, and trust me, it’s a lifesaver. Picture this: you’ve found the home of your dreams, but your current one hasn’t sold just yet. No worries! Bridge […]
Are you feeling the pressure of saving up for a down payment while watching home prices rise? It can be stressful, right? I completely understand, especially when it seems like every time you make progress, the market shifts again. But here’s the good news—you don’t have to wait years to save up that big chunk […]
Let’s talk about porting your mortgage. It sounds complex, but it’s actually a pretty simple concept that can make your home-buying experience much smoother. Porting your mortgage means transferring your existing mortgage—along with its current rate, terms, and balance—from your current home to the new one you’re purchasing. This can be a huge advantage, especially […]