The Ultimate Guide to Determining Your Home’s Value

By: Devon Jones0 comments

Are you wondering how much your home is worth? You’re not alone; the astronomical cost of living, coupled with the current low-income increase environment, has created a groundswell of...

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Home Appraisal Process: All You Need to Know

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What Is a Home Appraisal? A home appraisal is a professional, unbiased third-party assessment of the home’s value. If you’re buying, selling, or refinancing your home, an appraisal will...

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New Mortgage Stress Test: Insured & Uninsured Mortgage

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New Mortgage Stress Test for Insured and Uninsured Mortgages Effective June 1st The Office of The Superintendent of Financial Institutions OSFI has announced that the new mortgage stress test...

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Exploring the Benefits of Using Mortgage Brokers in Canada

By: Devon Jones0 comments

Buying your first home is an exciting and critical step in securing your financial future and should not be taken lightly. You should consider several factors before settling on...

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Impact of Deferred Payments on Credit Report

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Since March of last year, Canadians have withstood the effects of the Covid-19 pandemic. Many people jumped at the opportunity to defer their mortgage payments and credit card payments...

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Canada’s Bank Regulator Proposes Stricter Mortgage Rules

By: Devon Jones0 comments

The Canadian housing market has been under close scrutiny by the federal banking regulators for some time now. they had planned to increase the benchmark rate for the mortgage...

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Mortgage Default Insurance: Enabling Homeownership

By: Devon Jones0 comments

If you are a first-time homebuyer, you would have likely heard of Canada Mortgage and Housing Corporation (CMHC). CMHC is the largest of the three mortgage default insurance companies...

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Apply for the Sunlite Mortgage Scholarship Program Today!

By: Devon Jones0 comments

At Sunlite Mortgage, we are dedicated to helping the next generation meet their academic goals. Choosing your major, school, and deciding how you’re going to pay for all of...

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