Category: Financing

New Mortgage Rules

This post is an ongoing work in progress because the government keeps tweaking the rules to the mortgage stress test. The most recent change took

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Bridge Loan

What is a Bridge Loan?

Have you ever asked the question ‘what is a bridge loan?’ Unless you’ve been stuck with two homes and you only want one, probably not.

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Affordable Home Ownership

Are you looking at homes and struggling to save for the down payment? The Region of Waterloo’s Affordable Home Ownership Program is just the thing

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Determining Your Mortgage Size

Your mortgage size is determined by three factors; your mortgage payment, the interest rate, and the amortization period. Once you calculate the size of your monthly

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financing

Why Get Pre-approved?

Why do some buyers get pre-approved before looking at property, and others don’t? Why wouldn’t they want to? There are very good reasons for getting a

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Rent To Own, Good Idea?

‘Rent to own’ is a term that comes up pretty frequently in the real estate business. There has always been a bit of mystery surrounding

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