Mortgage Blog

Category: First Time Homebuyer (9 posts)

What first-time homebuyers can expect with the new tax-free First Home Savings Account

What first-time homebuyers can expect with the new tax-free First Home Savings Account

April 28, 2023 | Posted by: Brie Robertson

Since it was proposed in the 2022 Federal Budget, we’ve learned more details about this exciting new program aimed at helping first-time homebuyers purchase a home.  The bill is currently ...

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Who should get a mortgage pre-approval?

Who should get a mortgage pre-approval?

June 29, 2022 | Posted by: Brie Robertson

A mortgage pre-approval can be an important part of your pathway to building wealth, giving you a real-world picture of your options: that is, your opportunities as well as your limitations. A mortga ...

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 “Conditional on financing”: the most important part of your offer

“Conditional on financing”: the most important part of your offer

March 1, 2022 | Posted by: Brie Robertson

When you find the condo or house of your dreams and want to make an offer, do you need a financing condition? Unless you can pay cash for the home, then yes you do. That little phrase – “c ...

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5 ways to improve mortgage qualifying success

5 ways to improve mortgage qualifying success

September 14, 2021 | Posted by: Brie Robertson

Whether you are a first-time buyer or looking to renew or refinance your mortgage with a new lender, getting a new mortgage can be stressful. That’s why you should get yourself mortgage ready we ...

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Show me the money! What you need to know about your downpayment.

Show me the money! What you need to know about your downpayment.

March 23, 2021 | Posted by: Brie Robertson

You’ve got your downpayment and you’re ready to go. Congratulations! Soon you’ll need to verify that downpayment for your mortgage approval.  It’s required by all lenders ...

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Get the best mortgage rate: Five Tips to “financial fitness”

Get the best mortgage rate: Five Tips to “financial fitness”

January 12, 2021 | Posted by: Brie Robertson

When the time is right for you to buy a home, make sure you are financially fit and eligible for the best possible mortgage rates. Here are our top five tips to boost your “financial fitness&rdq ...

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Homeownership trend - buying with a friend

Homeownership trend - buying with a friend

June 24, 2020 | Posted by: Brie Robertson

An interesting new homebuying trend emerging among millennials is home purchases that are completed with a friend. It’s a creative solution to the housing market given tough qualifying rules and ...

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Need a Bigger Downpayment?

Need a Bigger Downpayment?

February 10, 2020 | Posted by: Brie Robertson

New mortgage rules might mean that you need a bigger downpayment than you expected. Here are some of the sources that can be used: A financial gift (or loan) from a parent/blood relative RRSPs (up ...

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Home Appraisals 101

Home Appraisals 101

January 14, 2020 | Posted by: Brie Robertson

When you get a new mortgage, an appraisal of the subject property is often required by your lender. An appraisal is an unbiased determination by an accredited appraiser of the estimate of the current ...

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