5 Things to Consider when Moving – Mortgage Edition!
Get Pre-Approved This will always, always be step one before anything else. You can complete my application on this website and we will go through it together to discuss every option available to you. I will review your income, credit, discuss down payment, current...
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Want to stay up to date on all things mortgage related? Look no further! Sign up for my mortgage newsletter by clicking the link below to be informed about important mortgage news and market information, expert insights and of course money saving tips and advice. I...
Think RRSP Contributions for a more Favorable Tax Return
If you are hoping to maximize your tax return for the 2022 tax year, consider contributing any savings to an RRSP. Your contribution is deducted from your taxable income, potentially helping your tax return grow, or reducing what you will owe in income taxes. Tax...
Metis First Time Home Buyer Plan
One of the most challenging aspects of buying a home is saving for a down payment. If you are Metis, you may be eligible for the Metis Nation - Saskatchewan First time Home Buyers Program. The program helps eligible Metis citizens with a contribution of $15,000 toward...
Foreign Buyer Ban
The start of the new year saw Canada’s new foreign buyer ban officially come into effect. The two year-ban, originally passed by Parliament in June to help address housing affordability challenges, will apply to non-Canadian individuals and commercial enterprises....
New Changes to CMHC’s Underwriting Criteria
There are more changes from CMHC affecting mortgage qualifying coming July 1, 2020. The modifications to the underwriting criteria make it more difficult to qualify for a mortgage for those who have less than 20% for a down payment. The changes include increasing the...
Thinking of Deferring Your Mortgage Payment?
Covid-19 has impacted our economy and financial markets significantly. The government has implemented a mortgage deferral program to help those in need of financial support during this time. A person can now defer his or her mortgage payment for up to 6 months, at the...
How to Qualify for a Higher Mortgage Amount
When the mortgage rules changed for insured mortgages (those with less than 20% down) in October of 2016, the most constant question I had was, “How do I qualify for more?”. Borrowing power for those [...]
How are the New Changes Affecting your Mortgage in Regina
The new rule changes for mortgages set out by the federal government beginning January, 2018 will effect anyone with an “uninsured mortgage”. This means any mortgage in which a person is not paying mortgage default [...]
Top 5 Ways to Improve Your Credit Score
Pay off any outstanding collections. These are debts that haven’t been paid that were sent to a third-party collection agency for them to collect payment on behalf of the creditor. Many companies (not just credit [...]