Getting the Down Payment Down

Mortgage Tips Esther Otunyenim 1 Nov

Getting the Down Payment Down. A down payment is one of the most essential aspects of every mortgage application and new home purchase. In Canada, home purchases require a minimum cash payment from your own funds that is put towards the purchase. This is your down payment and is considered your stake in the deal. […]

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There’s Always an Alternative

General Esther Otunyenim 22 Oct

There’s Always an Alternative. When it comes down to getting approved for a mortgage, there are a lot of factors and not everyone will qualify. So what are your options if the banks say “no”? When conventional lenders (such as banks or credit unions) deny mortgage financing, it can be easy to feel discouraged. However, […]

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Canada’s Economy Unexpectedly Contracted in Q2

General Esther Otunyenim 20 Oct

Canada’s Economy Unexpectedly Contracted in Q2. Housing Dampened Economy in Q2 This morning’s Stats Canada release showed that the economy unexpectedly contracted in the second quarter by 1.1%, down from the revised 5.5% gain in the first three months of the year. The Canadian dollar dipped on the news to $.7921 as questions of resiliency […]

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Choosing Your Mortgage Broker

General Esther Otunyenim 20 Oct

Choosing Your Mortgage Broker. There is a little doubt that the biggest purchase of your life will be your home. When embarking on your homeownership journey, having the right support and information will make all the difference. Fortunately, a mortgage broker can help! With access to more than 230 lending institutions including big banks, credit […]

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