Mortgage Tips And Advice

/Mortgage Tips And Advice

Bank of Canada Rate Announcement

Bank of Canada Announcement and Banks Announcing Mortgage Rate Drops is merely coincidence Mortgage Rate Drops, independent of the bank of canada announcement, are expected in the near future due to spring market price wars. You have most certainly by now heard that about the Bank of Canada's Announcement a couple of Wednesdays ago regarding [...]

First Time Home Buyer Vancouver

First Time Home Buyer in Vancouver- helping your children buy With the high cost of buying real estate in the lower mainland of BC, many parents feel obliged to help their children buy their first home. A question that we often get asked is "what is the best approach in helping our children buy their [...]

By | February 3rd, 2015|First Time Home Purchase, Mortgage Purchase Advice, Mortgage Tips And Advice, Uncategorized|Comments Off on First Time Home Buyer Vancouver

Co-signor vs Guarantor for a mortgage

Co-singing for a mortgage vs a Guarantor Today's first time home buyer help tip we will look at the difference between a co-signor and a guarantor for a mortgage. If a buyer is unable to qualify for a mortgage due to poor credit, employment history, lack of down payment or income — most lenders will [...]

By | December 25th, 2014|First Time Home Purchase, Mortgage Purchase Advice, Mortgage Tips And Advice, Uncategorized|Comments Off on Co-signor vs Guarantor for a mortgage

How Self Employed Borrowers Get a Mortgage in Vancouver

Self Employed Let's talk today about self-employed people and what the banks want to see from you in terms of income verification, to qualify for a mortgage.Banks most commonly want to see 2 years Notice of Assessments (NOAs) to prove that you, as a self-employed borrower are filing your income taxes, and are up to [...]

By | January 15th, 2014|Mortgage Tips And Advice|Comments Off on How Self Employed Borrowers Get a Mortgage in Vancouver

Should you Buy Now, Or Later?

Mortgage Terms And Other Factors That Affect the 'Time to Buy'    There are a number of reasons to buy now, and a number to buy later--including mortgage terms, total cost of ownership and overall finances.   Interest Rate, Mortgage Terms and Total Cost of Ownership A good friend of mine was in Ontario a [...]

By | September 20th, 2013|Mortgage Tips And Advice|Comments Off on Should you Buy Now, Or Later?
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