Personal Finance
Securing Your Today and Tomorrow
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...
Fees: Receiving and Sending Money Internationally
When receiving or sending large amounts of money internationally from a Canadian chartered bank, several types of fees may apply. These fees can vary depending on the bank, the transfer amount, the destination country, and the method used.
Understanding Market Rent
Understanding Market Rent: More homebuyers today rely on rental income to qualify for mortgages. If you’re one of them, you’ll often need a market rent report or rent letter to “prove” that income to the lender.
Allowances and Your Mortgage
Discover what an allowance is, the different types of allowances, and how allowances can support your mortgage application.
Understanding Exit Strategies
Understanding Exit Strategies. How getting out of a Private mortgage is more important as getting in.
When a Second Mortgage Makes Sense
Second Mortgage: When it Makes Sense and when and why it can be the better move.
Collateral Mortgage: How Much Collateral to Register?
Learn what a collateral mortgage is and how to determine how much collateral to register on a collateral mortgage.
Mortgage Term: Closed-End Lease
Discover what a closed-end lease is and the options and benefits.
Canada’s Employment Crisis
Mortgage agents are boots-on-the-ground financial professionals who know what is going on in the economy in real time. As I talk to people, I often feel like a counsellor, as people share with me what is going on in their lives and what is happening with their employment situation.
How I Structure Second Mortgages
Second Mortgage Structure: How I treat your second mortgage as a full mocrtgage file with structure, risk analysis and a clear strategy.
10 Reasons Canadians Refinance Their Mortgage
Every year, about 15% of Canadians refinance their mortgage to take advantage of better mortgage terms (reduced rate, amortization, or mortgage feature), improve their financial condition, buy out a partner, or take advantage of an investment or business opportunity.
The 5 C’s of Credit and Your Mortgage
Unlock the secrets to mortgage approval in Canada by mastering the 5 C’s of Credit, crucial for securing your dream home.
Paystub and Your Mortgage
Learn why pay stubs are so crucial when applying for a mortgage. Discover how they are used and how they support your application
Rebuild Your Credit Using Credit Cards
Discover how to use credit cards strategically to rebuild bad or bruised credit.
Mortgage Challenges When You Are a Contractor
Many people today than ever work on contract. They usually are incorporated (especially if they want to work on government contracts), work through a recruiting firm for a client, invoice the recruiting firm for their hours, and pay themselves out of their...
4 Ways To Refinance Your Mortgage
15% of Canadians refinance their mortgage every year. Learn about the 4 ways Canadians refinance their mortgage and discover which approach is right for you.
Featured Publications
Articles
- Extended Amortizations and Hypothetical Calculations
Office of the Superintendent of Financial Institutions (OSFI) - Minimum Qualifying Rate for Uninsured Mortgages
Office of the Superintendent of Financial Institutions (OSFI) - Residential Mortgage Underwriting Practices and Procedures
Office of the Superintendent of Financial Institutions (OSFI) - Guideline on Existing Consumer Mortgage Loans in Exceptional Circumstances Financial Consumer Agency of Canada
Book: “The Program”
- Part 1 – Building Your Down Payment
- Part 2 – Mortgage Payoff Strategies
- Part 3 – Building Wealth Through Real Estate