by Admin | November 19, 2025 | Mortgage Terms, Mortgages, Personal Finance
… Here’s How to Hack Your Payment Schedule (Without Breaking the Bank) If you’re like most homeowners, the thought of shaving years — and thousands of dollars in interest — off your mortgage is pretty appealing. You want that debt gone sooner so you can enjoy more...
by Allen Ehlert | November 18, 2025 | Mortgage Terms, Mortgages, Personal Finance
… How Different Income Sources (Including Overtime) Impact Your Mortgage Approval in Today’s Economy Once upon a time, mortgage applications were simple: you worked a 9-to-5 job, had a steady salary, and lenders barely batted an eye. Fast forward to today’s economy —...
by Admin | November 17, 2025 | Lender, Mortgages, Personal Finance
… Even Without Much Credit History Moving to Canada is a huge life decision. New culture, new career, new weather (get ready for winter!), and, for many, a big dream: owning a home. But if you’ve only been here a few years and don’t have much of a Canadian credit...
by Admin | November 16, 2025 | Lender, Mortgages, Personal Finance
… Here’s What Lenders Really Think About Your Income If you’re earning your keep on commission — whether you’re slinging homes, closing car deals, or working your tail off in any other commission-heavy gig — you already know that explaining your income isn’t...
by Allen Ehlert | November 14, 2025 | Lender, Mortgages, Personal Finance
… Here’s How CMHC’s Enhanced BFS Program Can Help You Buy a Home If you’re self-employed in Canada, you already know the drill: your income looks fantastic before your accountant works their magic. After write-offs and deductions? Not so much. That’s why so many...
by Allen Ehlert | November 13, 2025 | Home Specifications, Lender, Mortgage Terms, Mortgages, Personal Finance
… and why you might not be entitled to see it If you’ve ever gone through a mortgage process and found yourself wondering, “Wait, I paid for that appraisal—why won’t the lender give me a copy?” you’re not alone. This is one of the most common sources of confusion and...
by Allen Ehlert | November 12, 2025 | Mortgages, Personal Finance
…The Mortgage Matchmaker: Finding the Right Fit for Your Payments and Your Future Let’s face it—mortgages aren’t exactly cocktail-party conversation. But if you’re like most homeowners, you’ve probably asked yourself more than once: “Am I really getting the best deal...
by Allen Ehlert | November 11, 2025 | Mortgages, Personal Finance
… What If You’re Living in a Home but Not on the Mortgage or Title? When you’re diving into the world of mortgages, the term “shelter costs” gets thrown around a lot. It sounds straightforward, right? Just your housing expenses. But what if you’re an adult—or maybe a...
by Allen Ehlert | November 11, 2025 | Mortgage Terms, Mortgages, Personal Finance
… Allen Ehlert’s Secret Weapon for Stress-Free and Reduced Risk Moves If you’ve ever bought and sold homes at the same time, you know it can feel like trying to juggle with oven mitts on. Point-to-point moves are fraught with danger, and they never come off without a...
by Allen Ehlert | November 11, 2025 | Mortgage Terms, Mortgages, Personal Finance
… The Sneaky Trap That Looks Like a Gift If you ask a friend who has a mortgage what kind of mortgage they have, they will probably say, “I don’t know, a mortgage, what do you mean what kind? You mean fixed or variable?” NO! I mean what KIND of mortgage do you have,...
by Allen Ehlert | November 10, 2025 | Mortgages, Personal Finance
… From “I Do” to “I Don’t”: Why an Alternative Lender May Be Your Best Friend in Divorce Divorce isn’t just about splitting furniture and deciding who gets the dog. It’s about reshaping your financial life — often at lightning speed — and sometimes, the big banks just...
by Allen Ehlert | November 9, 2025 | Mortgage Terms, Mortgages, Personal Finance
… What EDD Means and Why It Matters You’ve probably heard the phrase “the devil’s in the details”—and in the mortgage world, that detail often shows up as something called EDD, or Enhanced Due Diligence. It sounds intimidating, almost like you’re being audited, but...
by Allen Ehlert | November 8, 2025 | Economy, Mortgages, Personal Finance, Real Estate
… Why We Fear What We Asked For You’ve probably heard it for years: “We need more homes, so prices will come down and things will finally be affordable again!” Sounds logical, right? Build more houses, prices drop, everyone wins. But here’s the kicker—prices are now...
by Allen Ehlert | November 7, 2025 | Mortgages, Personal Finance
In Ontario, Canada, in general, marriages that are legally recognized in the jurisdiction where they took place are typically considered valid in Ontario. For example, if you were married in the United States, and the marriage is legally recognized in the United...
by Allen Ehlert | November 7, 2025 | Mortgage Terms, Mortgages, Personal Finance
… How Banks Could Make Collateral Mortgages Better for Canadians Collateral mortgages have become the default product for many of Canada’s largest banks. The concept isn’t inherently bad—it’s just designed more for the lender’s convenience than for the borrower’s...
