Navigating the Mortgage Process as an Immigrant or Non-Resident
Moving to a new country or being a non-resident can bring both excitement and challenges. If you're considering purchasing a home in Canada, it's essential to understand the unique aspects of the mortgage process for immigrants and non-residents. As a mortgage agent in Orangeville, I specialize in assisting individuals like you. In this blog, I'll provide valuable information and guidance to help you navigate the Canadian mortgage process with confidence.
CLICK HERE TO READ THE FULL ARTICLE »
Homebuyers to Face More Stringent Mortgage Stress Test After June 1
Original Article Source Credits: Canadian Mortgage Trends, https://www.canadianmortgagetrends.com/
Article Written By: Steve Huebl
Original Article Posted on: 8th April 2021
Link to Original Article: https://www.canadianmortgagetrends.com/2021/04/homebuyers-to-face-more-stringent-mortgage-stress-test-after-june-1/
CLICK HERE TO READ THE FULL ARTICLE »
10 Things First-Time Homebuyers Should Consider Before Buying Property Outside the City
Original Article Source Credits: HGTV, https://www.hgtv.ca
Article Written By: Doug Murray
Original Article Posted on: March 3, 2021
Link to Original Article: https://www.hgtv.ca/real-estate/photos/things-homebuyers-should-consider-before-leaving-the-city-1946255/
CLICK HERE TO READ THE FULL ARTICLE »
Odds of a Bank of Canada Micro Rate Cut Diminish Following Rate Decision
Original Article Source Credits: canadian mortgage trends, https://www.canadianmortgagetrends.com
Article Written By: Steve Huebl
Original Article Posted on: January 21, 2021
Link to Original Article: https://www.canadianmortgagetrends.com/2021/01/odds-of-a-bank-of-canada-micro-rate-cut-diminish-following-rate-decision
CLICK HERE TO READ THE FULL ARTICLE »
Paying off your mortgage faster
Original Article Source Credits: Canada.ca , https://www.canada.ca/
Article Written By: NA
Original Article Posted on: 2020-09-15
Link to Original Article: https://www.canada.ca/en/financial-consumer-agency/services/mortgages/pay-mortgage-faster.html
CLICK HERE TO READ THE FULL ARTICLE »
The Big Banks and Their Penalties
CLICK HERE TO READ THE FULL ARTICLE »
Mythbuster: Shopping Around For The Best Mortgage Rate Will Hurt My Credit Score
Quite often, Clients are hesitant to start a mortgage application because there is a belief that it will negatively impact a credit score. This article is intended to “clear the air” on this common misconception.
CLICK HERE TO READ THE FULL ARTICLE »
Downpayment Assistance Programs to Help Achieve the Home Ownership Dream
If you’ve ever questioned whether you can get into the housing market with little savings, there are options available! Many people are unaware, but there are programs in different counties and regions throughout Ontario to help residents achieve their dream of home ownership with various grants.
CLICK HERE TO READ THE FULL ARTICLE »
What NOT to Do Before Your Mortgage Closing Date
Lenders are watching your every financial move from your approval point until your closing date. Just because you've been approved and signed all your mortgage documents, does not mean the Lender will not take away the approval - read your terms and conditions! If you are looking for a new vehicle or credit products, or want to dispute a payment, wait until AFTER your mortgage closes, or you risk losing your approval.
CLICK HERE TO READ THE FULL ARTICLE »
A Decade of Mortgage Tightening
If you have not been through the mortgage financing process within the last 5-10 years, brace yourself for a majorly different process! Here's a brief timeline of the mortgage rule changes that have occurred in Canada since 2008. We are all extremely curious to see if 2019 brings more rules, or finally some softening.
CLICK HERE TO READ THE FULL ARTICLE »