Most first-time buyers lack sufficient funds to purchase their home outright and require loan financing (a mortgage) to make it work. In this article, we cover the basics of getting your first mortgage.Read More

Canada's mortgage stress test was designed to help ensure Canadians don’t overstep their financial means. However, there are special cases where it makes sense to bypass this process, yet still keep affordability top of mind. The question is how to safely bypass the stress test and secure the mortgage financing you need when the banks...Read More

Whether shopping for a new home, have a mortgage renewal coming up, want to refinance or just want to know how much you're able to spend, getting a mortgage pre-approval is well worth it, and can save thousands of dollars or more. The principal benefits are protection against rate increases, and the safety and security...Read More

Mortgage pre-approval is used by lenders to “vet” borrowers and estimate spending ability for a home purchase. Seven factors determine the amount, both for pre-approval and final approval.Read More

In this primer for first time homebuyers, we examine how you know you're ready to take the leap, 7 steps to become a homeowner, and 5 common mistakes that first time homebuyers often make.Read More