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Buying a home with challenging credit
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…

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 rules for low ratio mortgages, (Over 20% down payment = low ratio mortgage) The new refinancing rules have been postponed to start taking effect on May 1, 2017,…

First-Time Home Buyer Incentive
“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…

Myths about reverse mortgage
Here you have the Myths about Reverse mortgage. what to expect and what are the real facts Myths: The bank owns the home. People with a reverse mortgage will owe more than their house is worth. Reverse Mortgages are too expensive because the rates are high. A reverse mortgage is a solution of last resort. A…

How to Get Mortgage‑Ready: A Simple Guide for First‑Time Buyers in Ontario
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.
Household credit growth in Canada
Household credit trends in Canada show borrowers shifting toward secure mortgage financing over high‑interest consumer credit, supported by stronger regulations and smarter mortgage strategies.

