How to Get a Mortgage With Bad Credit
You had a few financial setbacks when life’s speed bumps tripped you up, but now you’re on the right path and are ready to take the leap into home ownership.…
New Immigrants – Buying your first home.
GETTING PRE-APPROVED BEFORE SHOPPING It’s a good idea to sit down with your mortgage broker/ specialist to discuss your needs and get mortgage pre-approval. Pre-approval means that your lender commits to…
CMHC Mortgage default Insurance
No one wants to inflate a housing bubble by encouraging folks who can’t afford the debt to buy. But many creditworthy first-time homebuyers are paying much more than they should…
BUYING YOUR FIRST HOME; Mortgage Default Insurance
Mortgage default insurance Mortgage default insurance (sometimes called mortgage loan insurance) protects the mortgage lender in case you are not able to make your mortgage payments. It does not protect…
BUYING YOUR FIRST HOME; New Home Buyer Plan
Home Buyers' Plan The Home Buyers' Plan (HBP) allows you to withdraw money from your Registered Retirement Savings Plan (RRSP) tax-free to use for a down payment. You must meet…