by Allen Ehlert | October 17, 2025 | Commercial, Mortgage Terms
…Knowing Your Place in Line If you’ve ever been involved in a commercial deal where there’s more than one lender, you’ve probably heard someone mention a postponement agreement. And while it sounds like a bureaucratic delay tactic, it’s actually one of the most...
by Allen Ehlert | October 16, 2025 | Commercial, Mortgage Terms
… How Hitting Pause Can Save the Deal In the world of commercial real estate lending, not every disagreement needs to turn into a showdown. Sometimes, the smartest move isn’t to fight for control—it’s to take a breath, stand still, and let cooler heads (and structured...
by Allen Ehlert | October 2, 2025 | Mortgage Terms, Mortgages, Personal Finance
… What You Really Need to Know Before You Borrow Against Your Home There’s a lot of buzz out there about second mortgages. You hear about people using them to pay off debt, help kids buy homes, or fund renovations. They sound like a simple solution — and sometimes...
by Allen Ehlert | September 27, 2025 | Mortgage Terms, Mortgages, Personal Finance
… or how little white lies turn into whoppers! Let’s be real — in real estate, everyone plays a role. The realtor sells the dream, the lawyer protects the paperwork, but when it comes to vetting the financials, that’s where I step in. As a mortgage agent, it’s my job...
by Allen Ehlert | September 21, 2025 | Mortgage Terms, Mortgages
…Why Your Mortgage Isn’t Final ‘Til It’s Funded” You’ve done everything right—you got pre-approved, made your offer, provided every bank statement and pay stub under the sun. The lender issues a written mortgage commitment and you think, “Phew, we’re done.” Not so...
by Allen Ehlert | September 16, 2025 | Mortgage Terms, Mortgages
…“When’s the Ink Dry After Your Offer Is Accepted” You’ve got the house. The offer’s accepted. You’ve told your family, picked out paint colours, and maybe even started scoping out where the Christmas tree’s going to sit. But now comes the part that isn’t quite as...
by Allen Ehlert | September 11, 2025 | Mortgage Terms, Mortgages, Personal Finance
… What They Really Mean — and How Not to Get Burned If you’ve ever been through the mortgage process, you’ve probably heard people throwing around words like pre-qualification, pre-approval, commitment, and funding like they’re all interchangeable. Spoiler alert:...
by Allen Ehlert | September 7, 2025 | Mortgage Terms, Mortgages, Personal Finance
… When Love Ends but the Mortgage Remains It’s no secret that life doesn’t always go the way we planned. About half of all marriages in Canada end in divorce. And even more common than divorce these days? Couples splitting up after living common-law. In fact,...
by Allen Ehlert | September 2, 2025 | Home Specifications, Insurance, Mortgage Terms, Mortgages, Personal Finance
Let me guess — you bought a home, told the lender you’d be living in it, and now life’s thrown you a curveball. Maybe you’re getting separated.Maybe you’ve been relocated for work.Maybe you just see an opportunity to turn your place into a rental. So...
by Allen Ehlert | August 29, 2025 | Mortgage Terms, Mortgages, Real Estate
Are you looking to buy a house with your partner or a friend? Getting a joint mortgage could be the solution you’ve been searching for. A joint mortgage allows multiple individuals to pool their financial resources to qualify for a mortgage, making it an ideal...
by Allen Ehlert | August 28, 2025 | Mortgage Terms, Mortgages, Personal Finance
Some Canadian lenders may consider foreign income when underwriting a mortgage, but there are strict guidelines and additional documentation requirements. Many will not. Whether a lender accepts foreign income and the limitations on accepting such depends on their...
by Allen Ehlert | August 27, 2025 | Mortgage Terms, Mortgages, Personal Finance, Real Estate
The world of home improvement is filled with terminology that often gets misused. One of the most common sources of confusion? The difference between remodeling and renovating. While the terms are frequently used interchangeably, they represent distinct types of home...
by Allen Ehlert | August 19, 2025 | Mortgage Terms, Mortgages, Real Estate
When it comes to property ownership, joint tenancy is a legal arrangement that brings individuals together as co-owners. In this form of ownership, all partners have equal rights over the property, and if one owner passes away, their share is automatically passed on...
by Allen Ehlert | August 16, 2025 | Mortgage Terms, Mortgages, Personal Finance
…. Unlocking Your First Home: How the FHSA Can Fast-Track Your Down Payment Buying your first home in Canada can feel a bit like trying to run a marathon with a backpack full of bricks—every step toward that down payment seems heavier than the last. But here’s the...
by Allen Ehlert | August 15, 2025 | Mortgage Terms, Mortgages, Real Estate
… Resident, Non-Resident, Emigrant, Non-PR, and Everything In-Between If you’ve ever sat down to talk mortgages and thought, “Why is my residency such a big deal? I live here, don’t I?”, you’re not alone. The thing is, in Canada, there’s more than one way to be...
