The County of Simcoe Affordable Homeownership Program

The Affordable Home-ownership Program aims to assist low-to-moderate income renter households, in Simcoe County, to purchase an affordable home by providing 10% down payment assistance in the form of a Read More …

The County of Wellington Affordable Homeownership program

The county of Wellington Affordable Homeownership Program The county of Wellington Affordable Homeownership program was established to provide households with an interest-free loan to assist them in purchasing their own Read More …

The County of Brant Homeownership Program

In partnership with the Government of Canada, the Province of Ontario, the City of Brantford and the County of Brant, the B-Home Program has been developed to assist low to Read More …

UBER income for Mortgage

Are you an UBER driver? This is very important for you! Are you not but you happen to know someone who is? Whisper this to him/her. Being UBER a fairly new Read More …

New qualifying federal mortgage rules changes

On October 3rd, 2016 Bill Morneau, Minister of Finance announced “Preventative measures for healthy, competitive and stable housing market”. The intention is to address the growing household debt and rapidly rising house Read More …

New rules affecting low ratio mortgages

New rules affecting low ratio mortgages The new rules affecting low ratio mortgages or mortgages backed by portfolio insurance are effective from November 30th, 2016. The following are new mortgage Read More …

New rules affecting high ratio mortgages

The new rules affecting high ratio mortgages are effective from October 17th, 2016. The following are new mortgage rules for high ratio mortgages, (under 20% down payment = high ratio Read More …

A Co-signer story

Considering co-signers to help your mortgage may be a very smart thing to do in regards to money-saving, however, this advantage may come with some potential risks that may end Read More …

Gifted down payment

Gifted down payment Gifted down payment are funds given to a mortgage applicant by an immediate family member to be used to qualify for a mortgage or simply to lower the Read More …

Downpayment from RRSP’s

down-payment from RRSP’s If you as a first-time home-buyer are planning to buy your home this year and are facing the question of where will you get the down payment Read More …

Home purchase assist program

Home purchase Assist program from First Swiss Mortgage Corporation First Swiss Mortgage will lend a second up to 95% LTV, that client can use to reduce the first mortgage amount Read More …

Financial character

Financial character Financial character is the mental and moral group of qualities presented by an individual in regards to his/her behaviors when it comes to his/her financial agreements. Your credit score Read More …

35,000 home buyers plan

35,000 home buyers plan Raising the amount allowed to be borrowed from your RRSP’s savings account from 25,000 to 35,000 to be used as a home down payment is a “Plan” that Read More …

Home sale prices in Ontario

Home sale prices in Ontario Is it really worth it to buy a house? That is a question that some renters that I have come across with have or had, Read More …