Tag: mortgage broker

The Home Buying Process in Edmonton: Start to Finish

Are you ready to buy a home? The idea of buying a home is appealing and exciting. However, it is a huge investment and one that should not be rushed…

The Benefits and Risks of a 5% Down Payment

The standard guideline for a down payment on a new home is anywhere from 5%-20% – but that’s a large amount of money for many individuals, especially first-time homebuyers. A…

5 biggest first time home buyer mistakes

In this blog post, we will be going over the 5 biggest mistakes first-time homebuyers make in Canada. Prepare and Research The single biggest first-time homebuyer mistake that we see…

Webinar – Buying A Home In Edmonton – January 31, 2021

Our first Home Buyer Education seminar of 2021! We are excited to bring you some great information! Some Topics Include: Buyer Safety Process and costs involved Mortgage basics and how…

Mortgage Default Insurance Explained

In June CMHC announced big changes to the way they underwrite mortgage applications which include three significant changes which will be outlined below. Increase in Minimum Credit Score The increase…

Why should you work with an Edmonton Mortgage Broker?

Becoming a homeowner can be an exciting time but the process can take long and arduous. Securing a mortgage is an important first step in the home buying process but…

Types of Mortgages in Canada

There are many mortgage options to choose from and it is important to pick the one that works best for you. The different types of mortgages have features that meet…

2020 CMHC Canadian Mortgage Qualification Changes Explained

Effective July 1st, 2020, there will be some changes coming to the qualification criteria for insured mortgages and it will be harder to qualify for a mortgage again. On June…

Is it a Good Time to Buy A Home? – Buying A Home During COVID 19

A Q&A with Jim Dhillon and Sunny Vig of questions they have been receiving about buying and selling homes during COVID-19 Is it a good time to buy right now?…

Understanding How Your Credit Score Affects Your Mortgage Rate

Credit and Homeownership: Understanding How Your Credit Score Affects Your Mortgage Rate While your credit score might not determine your value as a contributing member of society, it does have…