Did you know? The Canadian government has recently introduced a First Home Savings Account (FHSA) . This account is specifically designed to help first-time homebuyers save for their down payment without having to pay taxes on the interest earned on their savings. This is something you would discuss further with your financial planner but here is some […]

With the current interest rates and economic scenarios, many Canadians may be looking for ways to bring in some extra cash. One option for this is to put your home equity to work and consider renovating your basement into a legal income suite! You can do this by using a secured credit line (home equity […]

When it comes to homeownership, many of us dream of the day we will be mortgage-free. While most mortgages operate on a 25-year amortization schedule, there are some ways you can pay off your mortgage quicker if that is a goal of yours. 1. Review Your Payment Schedule: Taking a look at your payment schedule can be […]

Written by Mich Sneddon, CPA, CA – Reverse Mortgage Pros Having completed many reverse mortgage files, there are some questions that I find I get often. Here are 8 most common reverse mortgage questions that people in Canada have regarding reverse mortgages. 1. If I have an existing mortgage on the property, can I get a […]

While the mortgage process can be daunting, we have broken it down into 5 easy steps to help you get started! Plus, I am happy to help guide you every step of the way so it is even easier to make your dreams of home ownership happen. Collection: When it comes to a mortgage application, […]

Get Pre-Approved Having your mortgage pre-approved is an important step in the process and benefits you in three ways: Pre-approval helps verify your budget and allows your real estate agent to find the best home in your price range. Quick Tip: Don’t forget about the closing costs! These range from 1 to 4% of the […]

In a world with an abundance of options, it can be hard to know which way to turn to ensure that you make the best decision for your future. Fortunately, a mortgage agent can help! With access to numerous institutions including big banks, credit unions and trust companies, we are familiar with a vast array […]

If you’ve received cash or if you have saved a large sum of money over the years, it may be tempting to pay off the mortgage loan early. Paying off the mortgage early is an option, although it is important to look at your financial situation, the loan’s interest rate, and how close you are […]