Mortgages Blog

Reflections And Insights From The Other Side Of The Desk.

With the current interest rates and economic scenarios, many Canadians may be looking for ways to bring in some extra cash. One option for this is to put your home equity to work and consider renovating your basement into a legal income suite! You can do this by using a secured credit line (home equity line of credit or HELOC) to help fund the upfront cash to make changes to your home.
There are still some misconceptions about the CHIP Reverse Mortgage, primarily arising from the belief that they are not regulated. In reality, reverse mortgages in Canada are highly regulated, and HomeEquity Bank is a Schedule 1 Canadian Chartered Bank.
Homeowner Insurance 101. Not all insurance products are created equal. Understand the different insurance products to ensure you have proper coverage.
Applying for a mortgage can be a significant milestone in your life. To increase your chances of securing a favorable mortgage, it's crucial to build a strong application. In this blog post, I will guide you through the essential dos and don'ts when it comes to creating a robust mortgage application. Let's dive in and set you up for success!
Benefits of working with a Mortgage Broker vs. a Bank: Your home financing journey easier. Unique advantages of choosing a mortgage broker.
As a mortgage broker, I understand that purchasing a home is one of the most significant financial decisions you'll ever make. It's a life-changing event that requires careful planning and consideration. Therefore, finding the perfect home requires an exceptional level of expertise and guidance.
When it comes to homeownership, many of us dream of the day we will be mortgage-free. While most mortgages operate on a 25-year amortization schedule, there are some ways you can pay off your mortgage quicker!
Your payment schedule is the frequency that you make mortgage payments and ranges from monthly to bi-monthly, bi-weekly, accelerated bi-weekly or even weekly payments.