Blog, First Time Homebuyers
If you are looking to purchase a property in the next while, you probably already know that you need at least 5% of the purchase price as a downpayment. Saving a bigger downpayment, let’s say 10%, certainly increases your chances of securing financing. While...
Blog, Homeownership, Mortgage Tips
https://www.youtube.com/watch?v=Q9EZ0z8FceY Welcome! We’re so glad you decided to make Canada your new home. It can be rewarding, and sometimes challenging to find a place to live that’s comfortable, safe, and affordable. CMHC is here to help! Consider...
Blog, Homeownership, Mortgage Tips
Often times it’s the simple math that will betray you when selling a property. In your head you do quick calculations, you take what you think your property will sell for and then subtract what you owe on your mortgage, and the rest is your profit! Well…...
First Time Homebuyers, Mortgage Tips
https://youtu.be/Tl-e7tIgcl0?list=PLlv-v0mrsq3pCHeE4XyXtT7Bb8RtJNRGZ If you are planning on purchasing a property in the next couple of years, here is a really good video that will explain how you can find some extra money to put away into savings without impacting...
First Time Homebuyers, Mortgage Tips
Thinking of buying a property, but don’t know where to start? Well… that’s where a mortgage pre-approval comes in. Start here. Just like you wouldn’t go into a restaurant without having enough money to buy your meal, so you shouldn’t...
