Information alone is not enough. A professional mortgage broker has something far more valuable: years of experience and your needs in mind. They put the information in context, they anticipate the variables and find the best loan for you. This is the kind of help you don’t want to be without.
A pre approval will allow you to: 1. Know the maximum amount of a mortgage you could qualify for 2. Estimate your mortgage payments 3. Lock in an interest rate for up to 120 days, depending on the lender The mortgage pre-approval process may be divided in various steps. It may also be called mortgage… View Article
Learn MorePrepare for Your Mortgage Journey with Mortgages.ca 1. Identification (2 pieces): 2. For Home Purchase: 3. Proof of Income: 4. Proof of Down Payment: 5. If Your Down Payment Was Gifted: 6. Banking Details: 7. Mortgage Approval: 8. Borrower Disclosure: 9. Mortgage Insurance (MPP – Mortgage Protection Insurance): 10. Legal Information: 11. Home Appraisal (if… View Article
Learn MoreThe Registry System provides a concise history of a land parcel’s title, summarizing all recorded instruments in chronological order. Below are important mortgage terms every home buyer should understand before they purchase a home in Canada. These are some of the most common mortgage terms. If you have questions about any of these terms or… View Article
Learn MoreAs we always say – the terms and conditions of each mortgage are more important than the rate itself, as these can be the difference between saving thousands of dollars or not. The pre-payment options of a Mortgage product you select is one of the most important features people need to pay attention to. This… View Article
Learn MoreLand transfer tax is payable on every conveyance of land tendered for registration and every unregistered disposition of a beneficial interest in land, unless specifically exempt under the Act or regulations. The definition of land as defined in subsection 1(1) of the Act is broad and includes lands, buildings, structures, structures to be constructed, fixtures… View Article
Learn MoreProtect Your Mortgage with Mortgage Protection Insurance (MPP) We offer mortgage protection insurance for the balance of your mortgage. Our product is better than any one lender’s coverage and is portable from property to property without having to re qualify – which is unique as it is not tied to any one lender. If you… View Article
Learn More