The Blog

If you’re looking to buy a home in Edmonton chances are you’re going to need a mortgage – but what type of mortgage is right for you? What kind of mortgages are there even to pick from? Do I go with an Edmonton mortgage broker or go straight to the bank? Purchasing a home can […]

November 19th, 2015

Home Buyer’s Plan: Understand Your Investment Brad and Brenda have been putting some money in their RRSPs investments for the last four years. Their last statement shows that they have $12,500 in their RRSP’s savings, and they also have $5,000 in the bank in their savings account. They decided to buy a starter home in […]

November 16th, 2015

  That Oh So Important Financing Condition There you are, sitting down with your realtor and preparing an offer to purchase for that amazing home that you just looked at this afternoon. You get to the point in the conversation with your realtor about the need for a financing condition and you’re trying to remember […]

November 15th, 2015

Many of us make them but do we know exactly what our monthly mortgage payments are made up of. Whether you get your loan from an Edmonton mortgage broker or the bank itself, it’s a good idea to know where you’re money is going. So where exactly do all those numbers come from? How much […]

November 12th, 2015

4 Costly Mortgage Mistakes of those New Home Buying “Incentives” It’s exciting! Brand new shiny homes, opulent new appliances and granite countertops followed by massive marketing with deep discounts, rebates, cashback, free tvs, offers to pay your strata and mortgage payments? Developers are throwing in these incentives to entice buyers and many are getting shocked with […]

November 12th, 2015

What You Need To Know About Deposits & Down Payments On A Purchase When you write a contract to purchase a home, in the offer you’ll need to include a deposit amount, which you’ll agree to pay upon subject removal. This amount will then form part of the down payment upon closing. This amount does […]

November 11th, 2015

Buying a Second Home There are a growing number of families living in Vancouver, moving to the region, who are choosing the option of buying a second home in the lower mainland or in one of the many great locations throughout British Columbia. When it comes to mortgage financing, there are many lender programs available […]

November 9th, 2015

Rate Hold vs. Pre-Approval mis-con-cep-tion (noun) – a view or opinion that is incorrect because it is based on faulty thinking or understanding; mistaken notion; an erroneous conception. With not knowing how to start this particular blog post, I decided to look for some images that might summarize the topic best – What is the […]

November 8th, 2015

Mortgages can be confusing enough without knowing exactly what your banker or broker is talking about when they’re giving all the important figures you should be paying attention to. Terms like amortization period, GDSR, or blended payments. Brush up on some mortgage terminology so in your next meeting with a broker you can look like […]

November 5th, 2015