Mortgage Articles

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Guide to Mortgage Penalties

Understand mortgage penalties in Canada before breaking your mortgage term. Learn about IRD, fixed vs variable rate penalties, and ways to minimize costly fees

Get a Mortgage Agent with a Strong Online Presence

Finding a mortgage agent with a strong online presence is important especially in today’s digital world. A strong online presence is indicator of a mortgage agent’s credibility, expertise, and client-centered approach

Housing as Income Percentage

Financial planners generally advise spending no more than 28% to 30% of your gross monthly income on housing. This guideline is known as the "front-end ratio" and primarily covers housing expenses like mortgage payments, property taxes, homeowner's insurance, and...

Accessing Your Credit Score

In Canada, understanding and monitoring your credit score is crucial for managing your financial health. This score, a numerical representation of your creditworthiness, impacts various aspects of your financial life, from securing loans to negotiating better terms on...

Mortgages: You Better Shop Around

When shopping for a mortgage it is important to think like a bank. Don’t pay the loyalty penalty, get the advantage of having Allen Ehlert shop the market and get you your best mortgage

Property Tax Calculations

Understanding property taxes and their calculations in Canada is essential for homeowners, prospective buyers, and real estate professionals alike. Property taxes are a significant source of revenue for municipalities and directly impact local services and...

10 Commandments of Mortgages

Looking to buy your new home is an exciting experience. All the possibilities. You look and you look and you look. You go to open houses, have your realtor take you into house after house, then all of of sudden you walk into one house and bang it hits you, home! You...

Canadian Mortgage Lenders Exposed!

Do you know the 10 different types of lenders available to provide mortgages in Canada? Chartered banks are just one. Discover which is best for you!

Lenders Don’t Like Condotels

Condotels, or condo/hotel hybrids, have piqued the interest of many Canadians, particularly those seeking a flexible investment opportunity. Learn what they are, their key features, and if they are an investment right for you!

Basis Points: Key to Smarter Mortgage Decisions

Learn what basis points are, why they are used and their impact on the mortgage application process.

Flex Down Mortgages

Aug 13, 2025

If you’ve got the income to buy a home but your savings account is looking a little… let’s say “light,” you might feel like homeownership is still miles away. The good news? That’s not always the case. With a Flex Down mortgage program, you can borrow your down payment — legally, transparently, and with the lender’s blessing — to get you into your first home sooner.

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Book: “The Program”

Part 1 – Building Your Down Payment
Part 2 – Mortgage Payoff Strategies
Part 3 – Building Wealth Through Real Estate

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