Below you'll find a list of all posts that have been tagged as “kelowna mortgage broker”
If you’re hoping to buy a condo or a townhome, it’s important to understand the strata and what it entails. In this blog post, I’ll cover everything you need to know about buying a property with a strata. From what strata fees are, what documents look like, subjects including stratas and how they are paid. Once you finish reading this, …
Have you ever typed “What Mortgage Can I Afford in BC” into Google? A lot of people have, which is why I’m writing this post. I know how much the world, housing prices and the mortgage approval process have changed over the years. Since I became a broker, over 10 years ago, everything has changed! In this blog, I’ll discuss …
Receiving a financial gift is a fantastic way to help secure a down payment. But, there are some important steps to follow. In this blog, I’ll go through everything you need to know about gift letters in Canada in 2022. Let’s get started! What is a gift? A gift is an amount of money that is gifted to you …
Qualifying for a mortgage in Kelowna is possible and within reach for you. When it comes to qualifying, finding a mortgage broker near you and securing your perfect home, I’m here to help! In this blog, I’ll go over some frequently asked questions (FAQs) about qualifying for a mortgage in Kelowna. 1. Where can a down payment come from? …
Are you currently looking to buy a home but aren’t sure how to qualify for a mortgage? There are two types of mortgages you can go with – a fixed mortgage or a variable rate mortgage. If you’re new to the home buying process and are finally saying goodbye to renting, you may not know the difference. In this blog …
Are you close to the end of your mortgage term? When you choose a fixed or variable rate mortgage, you choose a term where you are guaranteed a certain discounted rate at the bank from 6 months to 10 years. Once that term is near completion, normally your bank will send you a letter stating your renewal date and the …
Who should you go with for a mortgage, your bank or a mortgage broker? That’s the question I’ve been asked the most in the past eight years of being in business! I never get tired of answering it though because a lot of people don’t know the benefits of using a mortgage broker compared to just going with their bank. …
Choosing the right mortgage broker is a huge decision during the home buying process. There are several big-ticket items that people should consider when deciding on who to use as their mortgage broker. In this article, I’ll share 5 things to consider and share where I place on all of these as well. 1. Education and experience. When you …
Buying a property is a big deal. It takes many experts in your corner to ensure you get it right, active throughout the homebuying and mortgage processes. There’s a substantial financial commitment, plenty of legal documentation, complex negotiations and, at times, stress. To ensure your homebuying journey runs as smoothly as possible, you’ll want to build a solid team of …
Every time you’re in the market for a new mortgage, it’s beneficial to spend as much time considering your options as you did for your very first mortgage. This will ensure you save the most money possible throughout your mortgage term. A number of different factors such as the rate, term, amortization period, and prepayment will determine which mortgage is …
