Ready To Buy A Home? How To Assemble A Great Support Team
Ready To Buy A Home? How To Assemble A Great Support Team
Everyone needs a home-buying support team that includes a real estate agent, mortgage specialist, and real estate lawyer. As you search for the right team members, it's helpful to know ...
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First Time Homebuyer? The Government Wants To Give You Money.
First Time Homebuyer? The Government Wants To Give You Money.
How to get your share of government financial incentives available Canadian first time homebuyers. There's lots available, but in most cases you need to ask for what you're entitled to ...
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Good Credit Hygiene Saves Over $100K On Typical Mortgage
Good Credit Hygiene Saves Over $100K On Typical Mortgage
Many services are available to give Canadians free access to their credit scores, but the problem is they all provide different results. No industry standards exist to ensure credit score ...
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Recent Articles

When Do You Need a Co-Signer For Your Mortgage?
When Do You Need a Co-Signer For Your Mortgage?
In 2021, mortgage qualification rules are stricter and homes are more expensive as a whole. In this market, it’s not always easy to qualify for a mortgage on your own ...
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What Is The Impact Of Rising Interest Rates On Mortgage Pre-Approvals?
What Is The Impact Of Rising Interest Rates On Mortgage Pre-Appro...
With inflation in Canada at its highest levels in 18 years, talk has resumed about the prospect of higher mortgage interest rates much sooner than originally thought. And in fact, ...
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7 Things You Need To Know About Bridge Mortgages
7 Things You Need To Know About Bridge Mortgages
If your current home will not be sold prior to buying your next home, you probably need a bridge mortgage. The cost and ability to access such financing can vary ...
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COVID-19

How to Fix or Rebuild Credit Fast in Canada
How to Fix or Rebuild Credit Fast in Canada
Situations often arise where a new mortgage application, or car loan/lease, is impacted by a credit score that's lower than ...
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COVID-19 Impact on Canadians' Financial Well-Being
COVID-19 Impact on Canadians’ Financial Well-Being
Running commentary and news updates on COVID-19's impact on banking, real estate, mortgages, government relief programs, personal credit, and other ...
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COVID-19 EI Benefits and CERB Updates -- Q & A from Social Media
COVID-19 EI Benefits and CERB Updates — Q & A from Soc...
Stay at home orders have forced many Canadians to be temporarily out of work and collecting government benefits for the ...
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COVID-19 Q & A: Is It Possible to Renew a Mortgage While In a Consumer Proposal?
COVID-19 Q & A: Is It Possible to Renew a Mortgage While In ...
A reader asks whether COVID-19 has affected her ability to renew a mortgage while still in a consumer proposal, and ...
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Mortgages 101 -- What You Need to Know Before Applying For a Mortgage
Mortgages 101 — What You Need to Know Before Applying For a...
Most first-time buyers lack sufficient funds to purchase their home outright and require loan financing (a mortgage) to make it ...
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Good Credit Hygiene Saves Over $100K On Typical Mortgage
Good Credit Hygiene Saves Over $100K On Typical Mortgage
Many services are available to give Canadians free access to their credit scores, but the problem is they all provide ...
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What Does a Private Mortgage Cost?
What Does a Private Mortgage Cost?
Private mortgages have a number of costs you may not expect, and different terms and benefits than traditional mortgages. Rather ...
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Private Mortgage FAQs: What Is a Private Mortgage and When Would You Need One?
Private Mortgage FAQs: What Is a Private Mortgage and When Would ...
Despite increasing in market share by nearly 50% in less than a year, most Canadians don't know what private mortgages ...
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How To Bypass Canada's Mortgage Stress Test When It Gives a False Negative
How To Bypass Canada’s Mortgage Stress Test When It Gives a...
Canada's was designed to help ensure Canadians don’t overstep their financial means. However, there are special cases ...
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What is a Consumer Proposal?
What is a Consumer Proposal?
Consumer proposals are an important part of the Canadian insolvency process, and are the main alternative to filing for bankruptcy ...
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Using Home Equity Loan to Pay Off CRA Tax Debt
Using Home Equity Loan to Pay Off CRA Tax Debt
Tax arrears Is a debt that can't be negotiated away, with a creditor you can't afford to ignore. It's never ...
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Mortgage Pre-Approval In Canada: What It Is & How To Get It
Mortgage Pre-Approval In Canada: What It Is & How To Get It
Mortgage pre-approval is used by lenders to “vet” borrowers and estimate spending ability for a home purchase. Seven factors determine ...
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First Time Home Buyers Ontario: Everything You Need to Buy Your First Home
First Time Home Buyers Ontario: Everything You Need to Buy Your F...
In this primer for first time homebuyers, we examine how you know you're ready to take the leap, 7 steps ...
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Can You Be Denied A Mortgage Renewal? Mortgage Renewal Advice From ASKROSS.ca
Can You Be Denied A Mortgage Renewal? Mortgage Renewal Advice Fro...
Canada's and a new international accounting standard -- IFSR 9 -- are creating tremendous uncertainty for mortgage ...
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mortage renewal 700450X THUMBNAIL (1)
Mortgage Renewal Tips For Ontario
Auto-renewing your mortgage is easy, but can be a very poor financial decision. These top 3 tips will ...
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Alternative Mortgage Lenders Explained
Alternative Mortgage Lenders Explained
The media paints alternative lenders as shadowy, less-than-reputable lenders who prey on desperate homebuyers. We look at the important role ...
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Buying a Home After a Consumer Proposal
Buying a Home After a Consumer Proposal
Buying a home after a consumer proposal is a real possibility, but you must prepare for the credit history challenge ...
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Two Ways To Pay Off Your Consumer Proposal Early
Two Ways To Pay Off Your Consumer Proposal Early
Once your consumer proposal is approved, a new reality sets in and you adjust to a life of better budgeting ...
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The Myths About Co-Signing For a Mortgage
The Myths About Co-Signing For a Mortgage
What makes a strong mortgage co-signer? Not a great job, nor huge equity with tiny mortgage, nor a fantastic credit ...
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Private Second Mortgage Solved Big Problems
Private Second Mortgage Solved Big Problems
Private mortgages are great tools for solving specific types of problems. Homeowners who need to consolidate debts or pay off ...
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Early Pay Off Of Consumer Proposal Led To Best Mortgage Possible
Early Pay Off Of Consumer Proposal Led To Best Mortgage Possible
When the bank said 'no' to because of a consumer proposal, switching to an alternative lender and paying ...
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You Must Review Your Credit History Before a Mortgage
You Must Review Your Credit History Before a Mortgage
Discovery of errors on a at the last minute could have cost homebuyers the home they wanted if ...
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Why Refinancing Makes Sense
Why Refinancing Makes Sense
Refinancing your mortgage can be a great tool to achieve many different financial goals, from saving money by lowering your ...
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All Articles

mortage renewal 700450X THUMBNAIL (1)
Mortgage Renewal Tips For Ontario
Auto-renewing your mortgage is easy, but can be a very poor financial decision. These top 3 tips will help you get the ...
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Alternative Mortgage Lenders Explained
Alternative Mortgage Lenders Explained
The media paints alternative lenders as shadowy, less-than-reputable lenders who prey on desperate homebuyers. We look at the important role that alternative and private ...
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getting a mortgage after a consumer proposal
Getting A Mortgage After A Consumer Proposal
Suppose you were in a consumer proposal and it’s now completely paid off. You have received your completion certificate from the trustee and now ...
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Buying a Home After a Consumer Proposal
Buying a Home After a Consumer Proposal
Buying a home after a consumer proposal is a real possibility, but you must prepare for the credit history challenge. 3 scenarios for buying ...
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Using Home Equity Loan & Mortgage Refinancing to Pay Off Your Consumer Proposal Early
Using Home Equity Loan & Mortgage Refinancing to Pay Off You...
If you are a homeowner in the middle of a consumer proposal, it's good to know you can get a home equity loan or ...
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Two Ways To Pay Off Your Consumer Proposal Early
Two Ways To Pay Off Your Consumer Proposal Early
Once your consumer proposal is approved, a new reality sets in and you adjust to a life of better budgeting and without credit, it’s ...
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The Joy of Helping Families Find the Right Mortgage
The Joy of Helping Families Find the Right Mortgage
Here, Tenely gives us the highlight reel of the amazing military families that recently walked “through the doors” of Ross Taylor and Associates and ...
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Demystifying Military Moves and Mortgages
Demystifying Military Moves and Mortgages
Demystifying Military Moves and Mortgages. Get the full scoop on a successful move in this VIDEO starring Tenely, mortgage agent and military spouse extraordinaire ...
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The Single Biggest Mistake Made By First Time Home Buyers
The Single Biggest Mistake Made By First Time Home Buyers
Can You Guess The Biggest Mistake First Time Home Buyers Frequently Make? Hint: It’s NOT choosing the wrong paint colour! As a first time ...
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What You Need to Know About Mortgage Co-signing
What You Need to Know About Mortgage Co-signing
Thanks to tighter mortgage qualification rules and higher-priced real estate—particularly in the greater Vancouver and Toronto areas—it’s not always easy to qualify for a ...
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Early Payment of Consumer Proposal a Total Game Changer
Early Payment Of Consumer Proposal A Total Game Changer
This couple from BC tracked us down at AskRoss looking for relief from a large private second mortgage and also a honking big consumer ...
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How to buy a Home in the HOT, HOT, HOT Ottawa Market
How To Buy A Home In The HOT, HOT, HOT Ottawa Market
The Ottawa Region has been on a tear for a few years now, and there is no sign of things slowing down. In fact, ...
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How To Pay Your Property Taxes
How To Pay Your Property Taxes
Property tax bills come in three separate chunks throughout the year. But what is the best–easiest, smartest, fastest way to pay your property taxes? ...
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State of the GTA Market February 2018
State of the GTA Market February 2018
Here we spoke to several real estate agents who are leaders in their respective markets and gained insights of where their local market was ...
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Homeowners in consumer proposal want to renovate their home
Homeowners in consumer proposal want to renovate their home
Homeowners in consumer proposals often find themselves with more options than renters. The strong real estate market might have yielded equity gains which they ...
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What does mortgage stress test mean?
What Does Mortgage Stress Test Mean?
Here we explain the mortgage stress test - what it means, why it exists, and how it affects you the mortgage borrower ...
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Ross Taylor on Winning the 2017 Financial Literacy Leader of the Year Award
Ross Taylor on Winning the 2017 Financial Literacy Leader of the ...
Ross is the reigning Financial Literacy Leader with Mortgage Professionals of Canada. In late 2017, following many years of writing and speaking on financial ...
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ASKROSS Answers: As A First Time Home Buyer, How Do I Use My RRSP For Part Of My Down Payment?
ASKROSS Answers: As A First Time Home Buyer, How Do I Use My RRSP...
A first time buyer with questions about tapping into their RRSP when buying their first home comes up quite often. It’s quite easy actually ...
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ASKROSS Decodes Mortgage Lingo: Loan To Value And High Ratio
ASKROSS Decodes Mortgage Lingo: Loan To Value And High Ratio
Here we explain what “loan to value ratio” means, and also the all important “hi ratio mortgage”. This is when your down payment is ...
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Massive CRA Debt Settled with New Mortgage
Massive CRA Debt Settled with New Mortgage
CRA re-assessed several years old tax returns for this homeowner, and he found himself in a huge mess with a massive tax bill. Fortunately, ...
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