Mortgage Strategies

The stories found here are focused on providing mortgage tips and strategies to help you achieve your goals. Whether that be saving interest, increasing your cash flow, limiting potential mortgage penalties, we’ve got you covered.

Proof of down payment: The biggest hurdle for mortgage professionals

August 2, 2024 1 Comment

For mortgage professionals, verifying a client’s down payment sources can be one of the most challenging aspects of the mortgage approval process.

How a private bridge mortgage can save the day when your home hasn’t sold

July 17, 2024 No Comments

Selling your home while purchasing a new one can sometimes feel like a balancing act, especially when the sale of your current home doesn’t align with your next purchase.

The hidden cost of rising debt: why checking your credit report matters more than ever

July 14, 2024 No Comments

With interest rates and borrowing costs at elevated levels, it’s more important than ever to ensure your credit report is in good standing.

The growing risk of mortgage fraud and how to protect clients

June 27, 2024 1 Comment

Helping to safeguard clients against fraud has become an important component of a mortgage broker’s toolkit, and for good reason.

Mortgage payments: Understanding timing and avoiding confusion

June 26, 2024 No Comments

Mortgage payments can sometimes be a tricky topic for some homeowners, leading to confusion about when payments are due and what time period they cover.

Are longer mortgage terms the solution to Canada’s payment shock challenges?

June 23, 2024 No Comments

Payment shocks at renewal due to shorter mortgage terms have become a growing concern. This has led some to question whether adopting longer mortgage terms would provide greater financial stability.

Canadians not negotiating their renewal rates

Borrowers leaving money on the table by not negotiating their mortgage renewal rates

June 12, 2024 2 Comments

According to a recent survey conducted Mortgage Professionals Canada, Canadians are doing less haggling at renewal, despite most facing higher interest rates.

Why you shouldn’t fear a credit score drop when applying for a mortgage

May 14, 2024 No Comments

In the complex world of home financing, a common concern among our clients involves the impact of credit inquiries on their credit scores.

The prospect of halal mortgages in Canada: What you need to know

April 25, 2024 3 Comments

Since Ali Najaf moved from Pakistan to Vancouver as a student in 2012, he has earned a degree, landed a job in human resources, and gotten married.

Preparing for the next wave of renewals: Manulife’s unique solutions

April 22, 2024 No Comments

The mortgage industry is in the midst of a transition in Canada, and Manulife is ready to evolve with it.

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