How is your credit score calculated? It is a complex answer and, as such, common myths persist. Today, we are going to help you get a better understanding of your credit score and how to make the grade by busting the most common credit score myths! MYTH #1: TOO MANY CREDIT CARDS WILL HURT MY […]

When it comes to mortgages, it is easy to focus on the rates and your current situation, but the reality is that life happens and when it does, rates won’t be the only thing that matter. At the end of the day, a mortgage is a contract between you (the homeowner) and the bank. As […]

Did you know that the process to purchase a second property depends on whether you’re buying a vacation home or an investment property?  While many of the steps are the same, there are some important differences that are specific to the type of property you’re purchasing. SECOND HOME VS. INVESTMENT PROPERTY A second home (or […]

A down payment is one of the most essential aspects of every mortgage application and new home purchase. In Canada, home purchases require a minimum cash payment from your own funds that is put towards the purchase. This is your down payment and is considered your stake in the deal. Many home buyers understand that […]

Twenty-five or thirty years can sound like an impossibly long time to service a loan – and for many of us, it is. If you are looking to pay off your mortgage faster, here are some tried-and-true tactics to get you to financial freedom that much sooner! 1) Make a Double Mortgage Payment: A double […]