Category: News

The Benefits and Risks of Co-Signing for a Mortgage

Thanks to tighter mortgage qualification rules and higher-priced real estate—particularly in the greater Vancouver and Toronto areas—it’s not always easy to qualify for a mortgage on your own merits. You may very well have a great job, a decent income, a husky down payment, and perfect credit, but that still may not be enough. When […]

Read more
The Explosion Of Alternative Mortgage Lending Sources

The value of Canada’s non-bank residential mortgages skyrocketed by more than 10 times in the period 2007-2018, according to Statistics Canada data released last week — a much more rapid increase than residential property values. The data suggest that more and more residential mortgage consumers have been turning away from the big banks and credit unions to […]

Read more
Facts About Alternative Mortgage Lenders

Everyone likes to believe that they will qualify for the best rates and terms when they start shopping for a mortgage, but this isn’t always a reality. Most residential mortgages will fit into three categories: “A” lenders – Chartered banks, credit unions, and monoline mortgage companies. These lenders offer the best rates and terms including […]

Read more