Category Archives: Mortgages

lowest interest rate mortgage

3 Reasons You Shouldn’t Always Choose The Mortgage With The Lowest Interest Rate

Finding a mortgage is about a lot more than just finding the lowest interest rate mortgage. If you were buying a new car, would you buy the lowest priced car on the lot? I hope not. If you did, you… Read More

Sean Cooper

February 18, 2019

Blog,Mortgages
buy a home

5 Reasons To Buy A Home In The Offseason

Looking to buy a home? With Canada currently in a deep freeze, buying a home is probably the last thing on your mind! Most of us wait until the springtime when the nice weather returns, but by doing that you’re… Read More

Sean Cooper

January 31, 2019

Mortgages
reverse mortgage

What Is A Reverse Mortgage?

Guest written by HomeEquity Bank You may already have a good sense of what a traditional mortgage involves: you take a loan for a property you’d like to purchase from a bank or other lending institution and agree to repay… Read More

HomeEquity Bank

November 14, 2018

Blog,Mortgages

What Does My Credit Score Need To Be To Get A Mortgage In Canada?

Buying a home is one of the most important (and expensive) decisions that you’ll ever make in your life. If you’ve decided to take the leap into homeownership, congratulations! Depending on where you live, it may be a tough process,… Read More

Barry Choi

November 6, 2018

Blog,Mortgages
difference between mortgage term and mortgage amortization

What’s The Difference Between Mortgage Term And Mortgage Amortization?

When you’re a home buyer or home seller, it’s important to know your mortgage lingo! While you don’t have to be able to calculate mortgage payments in your head, it helps to have a basic understanding of how mortgages work.… Read More

Sean Cooper

October 30, 2018

Blog,Mortgages
mortgage mistakes

The Top 10 Mortgage Mistakes Commonly Made By Canadians

I’ve seen a lot of borrowers make a lot of mortgage mistakes in my 11 years in the business. Mortgage shoppers tend to follow similar patterns. They “overstress” mortgage features that matter minimally and they “understress” contractual terms that matter… Read More

Robert McLister

August 13, 2018

Blog,Mortgages
Mortgages for Less than Perfect Credit

Mortgages For Less Than Perfect Credit

Credit scores are a very important factor in qualifying for mortgages in Canada and in determining the rate you’ll get. Finding mortgages for less than perfect credit can also be difficult – but we’ve got the tips and tools you… Read More

Stephanie Overholt

July 26, 2018

Blog,Mortgages
choosing the right mortgage provider

How To Choose The Right Mortgage Provider

Picture this: you’ve been house hunting for months when you come across ‘the one.’ You make an offer on your dream home and it’s accepted. Congratulations, you’re almost a homeowner! But what about choosing the right mortgage provider? After all… Read More

Sean Cooper

June 28, 2018

Blog,Mortgages
common home-buying mistakes

5 Common Mistakes Made by First-Time Home Buyers And How to Avoid Them

Buying a home the first time can be intimidating. I know this firsthand. When I was 27 years old, I bought a home in Canada’s second priciest real estate market, Toronto. Buying a home involved a lot of moving parts.… Read More

Sean Cooper

May 11, 2018

Blog,Mortgages
big bank or mortgage broker

Big Bank Or Mortgage Broker: The Ultimate Guide To Choosing A Mortgage

You’ve found the perfect home. Now all you need to do is find that perfect mortgage! This leads us to the classic conundrum for many Canadians looking to buy a home: should you choose a big bank or mortgage broker?… Read More

Rachel Surman

March 29, 2018

Blog,Mortgages