Help Centre

Checking your credit historyWe understand people’s worry when it comes to pulling credit bureaus....

Missed paymentIf you miss a mortgage payment, call us or your lender as soon as your realize....

Down payment When purchasing your primary residential home - In Canada, 5% of the purchase...

Gifted down paymentYes. If your family is gifting you some or all of your down payment, you can...

DepositYes. A deposit is a financial commitment towards the purchase of a home. The deposit you...

Gifted Down Payment Transferring gifted down payment can go very smoothly if done correctly. It...

show us the money When a lender is reviewing down payment, they must see the money has been...

Additional fees when purchasing a homeBesides from your down payment, when purchasing a home, you...

Commission No need to whip out your best negotiating skills! When a Mortgage Broker is arranging...

Breaking your mortgage contractThis depends if you have a fixed interest rate mortgage, or a...

Get the truth behind mortgage penalties When a homeowner breaks their contract before the term...

No fee to use a mortgage brokerNo! If you are trying to secure traditional, residential mortgage,...

Commission Mortgage Brokers are paid in accordance to the mortgage amount. Each lender deicides...

What really is a mortgage?A mortgage is a loan secured by a piece of property. A bank or lender...

Mortgage Amortization and termA mortgage amortization is spread over a longer period i.e.: 25 or...

Mortgage Insurance Mortgage default insurance is a premium added onto mortgages if the buyer...

Renewing your mortgageNo. If your term is up, you should call your broker and see if the renewal...

Renewing my mortgageWith most lenders you can renew your mortgage up to 120 days before your...

Fixed Rate MortgagesA fixed rate mortgage is when you sign up for the same interest rate over the...

Variable rate mortgagesA variable rate mortgage is when your interest rate increases or decreases...

Porting your mortgagePorting you mortgage is when you take your current mortgage with you to a...

Become mortgage freeIf you’re looking to payoff your principal faster, depending on your lender,...

Retire with freedomA reverse mortgage is a mortgage that pays you! Pretty sweat, eh? Reverse...

Buying and renovatingIf you find a home that requires a lot of work to be done (mostly cosmetic),...

Construction MortgagesConstruction financing can look a bit different at each bank, but the...

APR or the Annual Percentage Rate is the total cost of the mortgage spread over the amortization...

Lower rates When working with a Mortgage Broker we have access to dozens of lenders which means...

You don’t like saving money, having a direct contact and a personalized...

Bank vs Mortgage Broker In our eyes, it’s a simple answer. Clients want someone who is working...

Canadian Homeowners On average, it takes a Canadian about 20-25 years to payoff their full...

choose the right fit There are many different of mortgage available in Canada and it’s important...

Lets bridge the gap A Bridge Loan can also be known as Interim Financing . A bridge loan is...

Time Flies When deciding on your mortgage term length, it is important to consider these...

One is not like the other Lines of credit and mortgages have similarities and big difference’s...

How to know the time is rightThe right time to buy is different for everyone. It might not always...

Qualifying for a mortgageIf you are paying child or spousal support, that yearly amount will be...

Securing a mortgageIf you have an accepted offer and you’re ready to secure financing (assuming...

Use a mortgage broker today!YES! A mortgage broker is a free, individualized service that will...

GDS & TDSGDS (gross debt service ratio) is a percentage of the household income being allotted...

Get Pre-Qualified!Your mortgage broker will start by filling out a mortgage application with you....

Mortgage Broker vs Mortgage SpecialistMortgage Broker 2. In BC, a mortgage broker is...

Co-Signer VS GuarantorWith the current costs of homes, interest rates higher than the last few...

Lets save you money Why use a Mortgage Broker you ask? Why would you not. More and more...

Lets Talk Value An appraised value of a home is determined by an ACC accredited appraiser. The...

The Logistics You need to use a Lawyer or Notary because final mortgage documents are legally...

A Balloon Payment is when the outstanding balance is added to the payment in your regularly...

Set a payment frequency that works for you Once you secure a mortgage, you will start making...

Payoff your mortgage faster with accelerated bi-weekly payments YES! Yes, accelerated bi-weekly...

Renewal, we can help with that The time has come to decide if you should renew with the same...

How low can you go When working with a Mortgage Broker, we do the shopping for you to assure you...

A new era of mortgages It used to be that a borrower would have to sit down in the bank or...

But they’re my bank!There are a few different reasons why your bank might not be offering you the...

Let our client reviews answer the question Is it worth it to use a Mortgage Broker? Us and over...