When it comes to the Canadian housing market, there are lots of options for where to live! From renting an apartment to owning a single-family home, it all comes down to where you see yourself living and what you can afford! The beauty is, there is no right or wrong answer when it comes to […]

Your Credit Rating: The Four C’s. Buying your first home is an incredible step in life, but it is not without its hurdles! One of which is demonstrating that you are creditworthy, which all comes down to your credit rating. This is how lenders and credit agencies determine the interest rate you pay, or whether […]

1. TOO MANY CREDIT CARDS WILL HURT MY CREDIT SCORE Actually, cancelling healthy active cards or accounts hurts more as all of the payment history is lost along with the type of credit granted. The average Canadian has 10 credit sources, having more does not hurt as long as you pay on-time. Along with paying […]

If a buyer can’t obtain a mortgage due to poor credit, employment history, lack of down payment or income — most lenders will consider lending if there is someone to act as co-signor or guarantor for a mortgage. The two options provide different requirements. Co-signer or guarantor for a mortgage, which is best? People often […]

With mortgage interest rates at historical lows, it is a wonderful time for first time home buyers to take the leap into the market. But there are some considerations and preparations to be made before starting the process.   A higher level of bank scrutiny has come into play now that the governance of CMHC […]

Credit card questions, having credit cards vs cutting up your credit cards. My thought of the day….lol Actually I’m sorry to go against the grain, but having credit cards isn’t the issue, having them to their max is the issue.   Credit score, rated by Equifax and Transunion, rate you on exposure but mainly ability […]

Have you ever wanted to buy a home but the kitchen and bathrooms aren’t up to your standards or they haven’t been updated since 1970, call and ask us about the Purchase plus improvement program and how it works and how will it benefit you and your Family’s new home.