107, 2022

Pre-Qualified VS Pre-Approved

July 1st, 2022|Uncategorized|0 Comments

The Difference Between Pre-Qualified & Pre-Approved Not everyone get’s pre-qualified first. Usually, the mortgage broker will go through a 50/50 state, where they decided whether being pre-qualified is the best fit for the client or if they should move straight to pre-approval. This all varies regarding what the client has in mind for a mortgage. From there,

2606, 2022

How Much Down Payment Is Needed

June 26th, 2022|Uncategorized|0 Comments

How Much Down Payment Do I Need? A down payment is the amount you put towards the purchase of a home. Then your lender deducts the down payment from the purchase price of your home. Your mortgage then covers the rest of the price of the home. The minimum down payment you need depends on the purchase

2506, 2022

Late Mortgage Payments

June 25th, 2022|Mortgage Payment|0 Comments

Late mortgage payments are not a fun topic on top of the pandemic that has been a source of worry for people in a variety of different ways. It has brought up health concerns, anxiety increases, financial concerns and much more. Inflation is up to 6.8%, gas prices are soaring drastically, and the cost of living seems

2006, 2022

Guide To Getting A Mortgage In 2022

June 20th, 2022|Bank of Canada, Getting a Mortgage, Mortgage Broker, Rates|0 Comments

Guide To Getting A Mortgage A mortgage is a type of loan that is used to purchase or refinance property. A few basic features of a mortgage include the purchased property, which is always used as collateral, and regular payments to the lender are required. Mortgages can sometimes cover the cost of property taxes and insurance premiums.

1506, 2022

How Do 2 Interest Rates Affect Your Mortgage

June 15th, 2022|Uncategorized|0 Comments

How Interest Rates Affect Your Mortgage Mortgage Interest Rates have been increasing for the last couple of weeks. Making it more challenging for people to afford a mortgage, and perhaps get the rate they wanted or saw weeks prior to the changes. These changes are causing huge amounts of inflation, worldwide. Relationship Between Inflation and Mortgage Rates

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