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What Is Mortgage Default Insurance?

2016-07-18 | 08:13:49

One cost that can be overlooked by home buyers is mortgage default insurance. So, what exactly is mortgage default insurance and why do you need it? If you’re buying an owner-occupied home with less than 20% down payment, you are required to...

Renewal Time?

2016-07-07 | 08:24:50

A couple minutes could save you thousands of dollars. If your mortgage is coming up for renewal in the next 6 months its a good idea to give us a call and we will send you some mortgage options.  We work with 35 Lenders, including the big banks...

Accelerated Bi-Weekly vs. Bi-Weekly Payments

2016-07-07 | 08:03:23

When signing your mortgage commitment letter you will have to choose your payment frequency. If your goal is to re-pay your mortgage as quickly as possible, then you need to understand how different payment options will affect your repayment schedule...

Residential Market Commentary - Week of July 4th, 2016

2016-07-07 | 07:57:19

Jul 5, 2016, 09:50 AM by Maria Broekhof Thank you First National for your insight....It has been a full business week since the people of the United Kingdom voted to take their country out of the European Union.There was a lot of fear-mongering...

4 Things That Will Kill Your Mortgage Approval

2016-07-07 | 07:55:29

So, you’ve worked hard to save every penny and have managed to finally afford the down payment necessary on a home. You have searched high and low, only to find the house of your dreams at a price you can afford. Though your credit rating is...

Will you die with a mortgage? 10 reasons why more people will...

2016-05-20 | 08:10:55

This is a realty for many people over the age of 55. Many people will go into retirement with a mortgage and some debt.  Chip Reverse Mortgages are a way for some seniors to access the equity they've accumulated in their home as tax...