6 costs associated with buying a home
If you’re looking to buy your first house—or your next house—it’s a good idea to plan ahead and consider all the costs associated with buying. Your closing costs represent the things you’ll pay for out of your pocket, as well as the amount of money necessary to...
5 Reasons to get an Alberta Mortgage Pre-Qualification
Ready to buy your dream home? In less than 5 minutes, our online mortgage pre-qualification tool will let you know how much you can expect to borrow. You can shop for your future home with peace of mind. In addition, this will demonstrate to sellers that you are a...
Introducing the interest-only mortgage
Relatively self-explanatory, an interest-only mortgage is one in which your entire mortgage payment goes to interest and does not pay down the principal mortgage amount at all. So at the end of your term, you will owe the same amount as when you got your mortgage. So...
How Your Current Property Can Influence Your Future Mortgage Applications
Before approving you for a mortgage, a lender will typically review 4 areas of your mortgage application: Income Credit Down payment/equity The property itself So if you already own a home, and you want to upsize, downsize, or renovate, or you want to purchase a...