Mortgage Education, Tips & Advice

News for Canadians is the proposed increase in the mortgage stress test level on June 1, 2021. How will this impact your purchasing power and ability to qualify for a mortgage?

Thinking of becoming a new mortgage agent in Ontario? Passed the REMIC exam? 5 steps on how to prepare for and NAIL the for the interview.

Shopping for a mortgage approval in Toronto? First, calculate your Gross Debt Service and Total Debt Service ratios (Or GDS & TDS).

Thinking of buying a house in Toronto or the GTA? Before you go shopping, learn 3 easy steps to find the maximum price house you can afford.

Learn about the Canadian Mortgage Stress Test 2021 rules and how they apply to get you approved for a Canadian bank mortgage.

5 Tips for Toronto/GTA mortgage agents to get a fast private mortgage approval for their clients. How to get a commitment without an appraisal. Mortgage Agent Training Series.

Toronto & GTA Homeowners: 3 ways of debt consolidation to reduce your monthly payments, and how to determine which option is right for you.

“What’s my best mortgage rate?” This is the top question asked by borrowers shopping for a second mortgage. In this video, you'll learn how a lender determines your mortgage rate. What are they looking for? And why do rates differ so much from lender to lender?

As Halloween approaches, some of us like a good horror story or scary movie. However, none of us would actually like to experience one, especially when it comes to financing a home. Dim the lights, cue spooky music, and prepare for a few bone-chilling stories...

Two RBC Capital Market analysts report Canadian mortgages are at risk of mortgage default. As the COVID-19 pandemic continues to exert financial pressure, homeowners tap into their home equity to help weather the storm.

Since the beginning of the COVID-19 pandemic lock-down in March, 2020, about 760,000 Canadian homeowners have taken advantage of the mortgage deferral options. As we rapidly approach the end of the payment deferral period, what now? Homeowners are scrambling for answers.

When shopping for a second mortgage, the most frequently asked question from Ontario homeowners is, “what is the best mortgage rate I can get?” This article will demystify the decision-making process of private lending.