by Karen Wotherspoon | Jun 7, 2024 | Announcements, Homeownership, Mortgage
Private mortgage options have become increasingly more popular thanks to stringent stress test mortgage qualification rules required by traditional lenders such as banks, increased inflation and higher interest rates. It’s just one more option your mortgage agent can...
by Karen Wotherspoon | Mar 1, 2024 | Blog, Mortgage
For many homeowners, securing a mortgage is a significant financial milestone. But, it’s just as important to regularly review and optimize that mortgage. This is where your mortgage agent becomes even more invaluable – proactively looking out for your best interests...
by Karen Wotherspoon | Feb 2, 2024 | Announcements, Homeownership, Mortgage
Owning a home is a major milestone for many Canadians, but the financial hurdle of coming up with a sufficient down payment can be a significant barrier. To address this, some aspiring homeowners turn to the concept of a gifted down payment – a strategy that can make...
by Karen Wotherspoon | Sep 1, 2023 | Blog, Mortgage
When mortgage qualification rules tighten up and/or interest rates rise, you may require a mortgage co-signer to qualify for the loan amount required to get you into your new home. Additionally, if you’re experiencing difficulty meeting traditional lender...
by Karen Wotherspoon | Aug 18, 2023 | Blog, Homeownership, Mortgage
With all of the rate increases over the past year – following several years of historically low rates – many mortgage borrowers are concerned about increased mortgage payments, regardless of whether they’re currently in a fixed-rate or variable-rate mortgage. In many...
by Karen Wotherspoon | Aug 4, 2023 | Blog, Mortgage
During the red-hot Canadian real estate market spurred by the pandemic where bidding wars were pretty much expected, it was virtually impossible to get an Offer to Purchase accepted that contained important conditions to protect the buyer when making among the largest...
