Mortgage Blog, toronto mortgage news
Learn the key mortgage qualification guidelines every Canadian homebuyer should understand. This guide explains how lenders assess income, credit, and down payment requirements so you can prepare confidently for your home purchase or refinance.
Buying a home involves more than just the purchase price. Learn about the 10 essential closing costs—from inspections and legal fees to insurance and land transfer taxes—that every Ontario homebuyer should budget for. Stay informed and prepared before signing on the dotted line.
I’m pleased to share that I’ve officially joined a new mortgage brokerage here in Ontario. This move allows me to offer my clients an even stronger lineup of lenders, more competitive rates, and faster, more flexible mortgage solutions — all while continuing to provide the same personalized service you’ve come to expect. This change is…
The Dufferin County Home-ownership offers you up to $72,500.00 for the down payment so you can buy your home. Is an affordable housing program and might provide you with an interest-free down payment assistance loan of up to Ten percent (10%) of the cost of an eligible home, to a maximum of $72,500.00. The Dufferin…
Getting mortgage‑ready means more than just saving for a down payment. It’s about understanding what lenders look for — from credit history and debt ratios to income stability and documentation. This guide walks you through practical steps to strengthen your financial profile and prepare for a smooth mortgage approval.
Share the benefits of trusted mortgage advice with your friends and family! When you refer someone to our Ontario mortgage services, you’re helping them access personalized guidance, flexible solutions, and expert support — and you’ll earn rewards for every successful referral. It’s our way of saying thank you for spreading the word and helping others find the right mortgage fit.
The Market Is Shifting in Your Favor 3-Bedroom Homes Are Opening Up — Are You Ready to Move? Opportunity knocks. Be ready to answer. The Window Is Opening — But Only for Those Who Are Ready If you’ve been waiting for the right time to buy a home, this might be it.Across cities just outside…
The County of Simcoe Affordable Homeownership Program offers 10% down payment assistance to help eligible renters become homeowners. Learn about purchase limits, income requirements, repayment rules, and how to apply for this Ontario housing support 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 home. The program will assist eligible applicants with a down payment (up to 10% of the purchase price to a maximum of $20,000.) for the…
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 moderate income earners realize the dream of owning their first home. The purpose of the B-home Homeownership Program to: Make first time home ownership a…
Now you can be easily approved for a Homeowners Loan, for up to 40,000 without mortgaging your house. Advantages: Easy and quick application Easy and quick approvals Easy and quick funding Almost any purpose Up to 24 months to repay Low interest rate
The Dufferin County Home-ownership offers you up to $72,500.00 for the down payment so you can buy your home. Is an affordable housing program and might provide you with an interest-free down payment assistance loan of up to Ten percent (10%) of the cost of an eligible home, to a maximum of $72,500.00. The Dufferin…
Buying a home with challenging credit, may lead to stress, then stress may lead to uncertainty which may lead to fear. A person or couple buying a home with challenging credit should not have to face uncertainty nor fear, however, this may be a traditional mistake and very understandable by those living in the situation…
“As of September 2nd 2019, Canadians interested in the First-Time Home Buyer Incentive can submit their applications for a shared equity mortgage with the Government of Canada.” (National housing strategy) (For distribution and Canadians knowledge) The First-Time Home Buyer Incentive helps qualified first-time home-buyers reduce their monthly mortgage carrying costs without adding to their financial…
Your credit Your credit is a factor with a big influence when trying to obtain a mortgage loan learn an easy form to keep it safe All your activities made through your lines of credit like credit cards, telephone companies, bank loans, students loans and specially mortgage loans, are registered in your very personal file…
The Federal Government incentive is designed to help those qualifying first time home buyers to reduce their monthly mortgage carrying costs without adding to their financial payments. The “Shared Equity Mortgage” is home buying incentive available from September 2, 2019, for home purchases with a closing date not earlier than November 2, 2019. This limited…
How to refinance credit cards? Most credit cards grant credit without having an estate as collateral, then, the risk offered by the borrower is high, as a consequence the interest rates are high too. Equity lines of credit require an estate as collateral, then the risk offered by the borrower is low, as a consequence…
We are experiencing a different home market than others that we have had in the past, many factors influence our capacity to become home-owners. If you or someone you know are a person that is thinking about becoming a home-owner this article may be a great channel to seize the opportunities ahead of us or…
Stress test mortgage qualifying rate The office of the Superintendent of Financial Institutions Canada has introduced a new Stress test mortgage qualifying rate coming to effect on January 1, 2018. “Quote: (http://www.osfi-bsif.gc.ca/Eng/osfi-bsif/med/Pages/B20_dft_nr.aspx) OSFI is setting a new minimum qualifying rate, or “stress test,” for uninsured mortgages. Guideline B-20 now requires the minimum qualifying rate for uninsured…
The following is a smart edition prepared by CHMC and the Government of Canada and distributed to help advise our Mortgage Edge clients about the importance of managing a mortgage. We all receive advice on how to manage our homes, our business, our time, and now you can learn about how to manage your mortgage…
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