Navigating the mortgage market can be a complex and daunting task, but with the right guidance, you can make informed decisions that align with your financial goals. Learn about your mortgage options with our blog, featuring insights and expert advice from experienced mortgage broker Sandra Forscutt, helping you explore the key considerations, common pitfalls, and the value of working with a mortgage professional.
Whether you’re facing a mortgage renewal, considering a new home purchase, or looking to refinance, our articles cover a wide range of mortgage options to empower you throughout the process. Discover the latest trends in the mortgage industry, learn how to secure the best rates and terms, and gain the knowledge you need to make confident, well-informed choices.
What you need to know about Mortgage Pre-Qualification vs Pre-Approval.
Welcome To Our Mortgage Educational Blog About:What you need to know about Mortgage Pre-Qualification vs Pre-Approval.Purchasing a home ordinarily requires a significant investment. For a great number of first-time home buyers, their savings and monthly remittances...
Should we take money from our RRSPs, TFSAs or both to make a down payment on our first home?
Welcome To Our Mortgage Educational Blog About:Should we take money from our RRSPs, TFSAs or both to make a down payment on our first home?Are you debating whether to use money from your RRSPs, TFSAs, or both to make a down payment on your first mortgage? Choosing...
Disadvantages of the RRSP Home Buyers’ Plan
Welcome To Our Mortgage Educational Blog About:Disadvantages of The RRSP Home Buyers' Plan The internet is full of information about RRSP Home Buyers’ Plans. There is, however, an information gap when it comes to the disadvantages of the plan. This begs the question:...
Most common questions about the RRSP Home Buyers Plan
Welcome To Our Mortgage Educational Blog About:Most common questions about the RRSP Home Buyers PlanMost people envision becoming homeowners, but this aspiration is faced with several challenges. The biggest hurdle, for instance, has been scrounging enough funds to...
What is the RRSP First Time Home Buyers Plan
Welcome To Our Mortgage Educational Blog About:What is the RRSP First Time Home Buyers Plan?Homeownership is without a doubt a coveted life goal for most people. It not only perks up the quality of life but can also elevate financial stability. However, with the cost...
Adjustable-Rate Mortgage Loans
Welcome To Our Mortgage Educational Blog About:What Are Adjustable-Rate Mortgages?Adjustable-Rate Mortgages, also known as Variable-Rate Mortgages, are among the most popular housing loans offered by lenders in Canada today. They are preferred by most homeowners...
Reverse Mortgages
Welcome To Our Mortgage Educational Blog About:What Are Reverse Mortgages?A reverse mortgage is a loan that allows homeowners to get money from their home equity without them having to sell their homes. Typically, the funds borrowed through reverse mortgages are...
The Risks and Benefits of a 5% Down Payment
Welcome To Our Mortgage Educational Blog About:The Risks and Benefits of a 5% Down PaymentA down payment is a percentage of the purchase price that is required to be paid upfront when a buyer intends to secure a home loan otherwise known as a mortgage. Down payment...
Fixed-Rate Mortgage
Welcome To Our Mortgage Educational Blog About:Fixed-Rate MortgagesA Fixed-rate mortgage, like the name implies, is a home loan that employs a fixed interest rate throughout the mortgage term. In other words, the interest rate remains constant from start to end, and...
Fixed vs. Variable Interest Rate Mortgages
Welcome To Our Mortgage Educational Blog About:Fixed vs. Variable Interest Rate MortgagesFixed and Variable interest rate mortgages are the two major types of mortgages. Lenders make their profit from the interests that are added on loans, so regardless of whichever...
What you need to know about Mortgage Pre-Qualification vs Pre-Approval.
Welcome To Our Mortgage Educational Blog About:What you need to know about Mortgage Pre-Qualification vs Pre-Approval.Purchasing a home ordinarily requires a significant investment. For a great number of first-time home buyers, their savings and monthly remittances...
Should we take money from our RRSPs, TFSAs or both to make a down payment on our first home?
Welcome To Our Mortgage Educational Blog About:Should we take money from our RRSPs, TFSAs or both to make a down payment on our first home?Are you debating whether to use money from your RRSPs, TFSAs, or both to make a down payment on your first mortgage? Choosing...
Disadvantages of the RRSP Home Buyers’ Plan
Welcome To Our Mortgage Educational Blog About:Disadvantages of The RRSP Home Buyers' Plan The internet is full of information about RRSP Home Buyers’ Plans. There is, however, an information gap when it comes to the disadvantages of the plan. This begs the question:...
Most common questions about the RRSP Home Buyers Plan
Welcome To Our Mortgage Educational Blog About:Most common questions about the RRSP Home Buyers PlanMost people envision becoming homeowners, but this aspiration is faced with several challenges. The biggest hurdle, for instance, has been scrounging enough funds to...
What is the RRSP First Time Home Buyers Plan
Welcome To Our Mortgage Educational Blog About:What is the RRSP First Time Home Buyers Plan?Homeownership is without a doubt a coveted life goal for most people. It not only perks up the quality of life but can also elevate financial stability. However, with the cost...
Adjustable-Rate Mortgage Loans
Welcome To Our Mortgage Educational Blog About:What Are Adjustable-Rate Mortgages?Adjustable-Rate Mortgages, also known as Variable-Rate Mortgages, are among the most popular housing loans offered by lenders in Canada today. They are preferred by most homeowners...
Reverse Mortgages
Welcome To Our Mortgage Educational Blog About:What Are Reverse Mortgages?A reverse mortgage is a loan that allows homeowners to get money from their home equity without them having to sell their homes. Typically, the funds borrowed through reverse mortgages are...
The Risks and Benefits of a 5% Down Payment
Welcome To Our Mortgage Educational Blog About:The Risks and Benefits of a 5% Down PaymentA down payment is a percentage of the purchase price that is required to be paid upfront when a buyer intends to secure a home loan otherwise known as a mortgage. Down payment...
Fixed-Rate Mortgage
Welcome To Our Mortgage Educational Blog About:Fixed-Rate MortgagesA Fixed-rate mortgage, like the name implies, is a home loan that employs a fixed interest rate throughout the mortgage term. In other words, the interest rate remains constant from start to end, and...
Fixed vs. Variable Interest Rate Mortgages
Welcome To Our Mortgage Educational Blog About:Fixed vs. Variable Interest Rate MortgagesFixed and Variable interest rate mortgages are the two major types of mortgages. Lenders make their profit from the interests that are added on loans, so regardless of whichever...