by Harpreet Sandhu | Mar 6, 2020 | Blog, Economy, Finance, Homeownership
In 2017, the federal government announced a set of strict mortgage qualification rules including the much-talked about, and often-debated, stress test. Implemented for federally regulated lenders, the stress test was created to help alleviate overheating housing...
by Harpreet Sandhu | Jan 17, 2020 | Blog, Economy, Finance, Homeownership, Mortgage
The decision to become a homeowner represents a significant milestone. It’s, therefore, extremely important to consider all your options when it comes to the different types of available homes to ensure you find the right one that fulfills as many of your personal and...
by Harpreet Sandhu | Jan 3, 2020 | Blog, Finance, Homeownership, Mortgage
The most popular mortgage selected by Canadians is the five-year fixed-rate option. While this isn’t always the best choice, it’s definitely the most common. But a lot can happen in five years. What if you need to buy a bigger home to accommodate your growing family...
by Harpreet Sandhu | Nov 15, 2019 | Blog, Economy, Finance, Homeownership, Mortgage
How Can a Co-Signer Help Your Mortgage Approval? If you’re experiencing difficulty meeting traditional lender mortgage guidelines thanks to such factors as a credit blemish or simply because ‘life happened’ (divorce, illness, job loss, etc), you may benefit from...
by Harpreet Sandhu | Oct 18, 2019 | Blog, Finance, Homeownership
Did you know that several lenders today are exclusively offering collateral charge mortgages? This means it’s more important than ever to understand the differences between a collateral and a standard charge mortgage before signing your mortgage commitment. The most...
by Harpreet Sandhu | Sep 20, 2019 | Blog, Economy, Finance, Homeownership, Mortgage
Prior to securing your first mortgage, you considered a number of different factors such as the rate, term, amortization period and other important features. So, before your mortgage reaches its maturity date (in five years or however long it has been set), it’s...
