Mortgage Blog

So, let's talk about the new CRA T3 filing requirements for people who have co-signed on a mortgage. You might be wondering why this is even a thing, and what it means for you. Well, don't worry, because I'm here to break it down for you. First things first, let's quickly go over what a co-signer is...

A Home Equity Line of Credit, or HELOC, as it is commonly referred to is a method of tapping into your home's equity, much like a mortgage refinance or 2nd mortgage; except there are some key differences between them.

A HELOC is a type of mortgage that is still secured by the property; however works ...

Today we are going to discuss the Mortgage Protection Plan (or MPP) and all the great stuff it can do for homeowners like you. Trust me, it's something you definitely want to know about. This plan features optional life and disability insurance to help protect yourself and your loved ones against th...

Mortgage renewals are a reality of most mortgages and is an important step in managing your finances; the importance of paying attention to them should definitely not be overlooked; however, this happens far too often. To start off, let's clarify what a mortgage renewal actually means. When you firs...

When it comes to applying for a mortgage, there are two important numbers that your Mortgage Broker will pay attention to when qualifying you for the mortgage. These are your Gross Debt Service, or GDS, and Total Debt Service, or TDS, ratios. They are commonly referred to as the debt servi...