Monthly Archives: June 2014

How to Qualify for the Best BC Mortgage Rates

No one wants to pay higher interest rates than they have to when they are arranging financing for their home. If you want to qualify for the best BC mortgage rates, you’ll need to understand the factors that lenders consider when making decisions about who will qualify for a mortgage. All of them work in … Read More

The Cash Back Mortgage: Read the Fine Print Before You Sign

How would you like to take out a mortgage that pays you cash after your house purchase closes? A cash back mortgage will do just that, and depending on the lender’s policies will provide you with up to 5 percent of the amount you borrowed. You can use the money for any purpose you like, … Read More

Why You Should Work with a Mortgage Broker

When you are buying a home, there are many details that you need to look after. It doesn’t matter whether you are looking at townhouse as a starter home or are ready to move up to a luxury dream house. This is a major purchase, and you can get bogged down in all the paperwork … Read More

Advantages of Getting a Mortgage Pre-approval

Before you start looking for your first home (or a second home), you’re going to need to get your finances in order. It will make the process run a lot smoother if you know in advance how much home you will be able to afford and what your mortgage payments will be. With a mortgage … Read More

How Your RRSP Can Help You Buy Your First Home

Saving for the down payment for a home can be challenging and the federal government’s Home Buyer’s Plan (HBP) allows you to withdraw money from your Registered Retirement Savings Plan (RRSP) to buy an existing home or build a home. You can withdraw up to $25,000 in a calendar year. Qualifying Homes Under the HBP … Read More