Mortgage Life vs. Term Life Insurance

Do I Really Need It? As homeowners, with a variety of obligations and responsibilities, we know that insurance is an important tool to have in our belt. One of the worst feelings we can have is worrying about the financial burden that our homes can have on our loved ones in the event that we … Continued

The Niagara Region Homeownership Program

Homeownership in the Niagara Region 2022 has been a difficult year for many Niagara residents who are trying to achieve homeownership. In many cases, homeownership is out of reach for many people in Niagara as the prices of homes go up while wages stay stagnant. So what are Niagara residents to do in this day … Continued

Knowing Your Trigger Rate and Trigger Point

Are you a homeowner in the Niagara Region with a variable-rate mortgage? If so, you’ve probably heard of the impact that trigger rates and trigger points are having on homeowners across the country. As the Bank of Canada continues to raise interest rates in Canada, it’s become increasingly important for homeowners with variable-rate mortgages to … Continued

Accelerated Mortgage Payments Make a Difference

Know Your Options Determining your payment frequency type is essential when solidifying your mortgage plans. Knowing all of your options can have a major impact on your long term payment strategy and the overall cost of your mortgage. This is when hiring a mortgage broker that you can trust comes into play.  Payment Frequency Types … Continued

Plan For Your Closing Costs

Plan Ahead  It’s common for a first-time home buyer to overlook their closing costs when budgeting for a home purchase. We’re aware that we’ll need to put down a deposit on a home, but there are also a number of mandatory closing costs involved to make it official. From land transfer taxes to legal fees … Continued

Should You Be Considering Alt-Lending Options in 2022?

Why are many Canadians considering alternative lending options? Alternative Lending (alt-lending) is a quick and convenient solution for many Canadians looking to purchase their first home in 2022.  While traditional banks have strict requirements and long application processes, alt-lenders can typically provide loans much quicker and easier. Acquiring loans for mortgages and refinancing from traditional … Continued

Should first-time homebuyers in Niagara be concerned about Mortgage Default Insurance?

If you haven’t heard of Mortgage Default Insurance before and you’re a first-time homebuyer in Niagara, don’t worry, you’re not alone and I’m here to help explain what this is. Mortgage Default Insurance is often overlooked but can have a major impact on the overall cost of your mortgage. This type of insurance protects the … Continued

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