Will the Bank of Canada cut interest rates this year?

By: sunlitemortgage0 comments

Last fall, when the Bank of Canada (BOC) signalled that it was likely done raising interest rates and would start reducing rates in 2024, Bay Street traders, economists, car...

Read More

How a Mortgage Pre-Approval Can Protect You from Rising Rates

By: Devon Jones0 comments

With interest rates rising, it’s important to lock in a lower rate as soon as possible. You can do this with the right home mortgage pre-approval. Find out how!...

Read More

Should You Spend the Full Mortgage Amount You’re Approved For?

By: Devon Jones0 comments

Before you start shopping for a new home, you’ll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is...

Read More

Should You Refinance Your Mortgage?

By: Devon Jones0 comments

There are a multitude of reasons why a homeowner may be considering refinancing their mortgage. However, before any final decisions are made it is always a good idea to...

Read More

10 Essential Tips for Taking Out Your First Mortgage

By: Devon Jones0 comments

Taking out your first mortgage presents a major financial commitment, possibly the biggest one you’ll ever make, so it’s crucial that you get the best deal available. Getting a...

Read More

Qualifying for a Reverse Mortgage: What You Need to Know

By: Devon Jones0 comments

If you are a Canadian homeowner living in Alberta, British Columbia, Ontario, are 55 years old or over, and own your home, you could get up to 55% of...

Read More

Could a Private Mortgage be an option for you?

By: Devon Jones0 comments

Buying a home in Canada, whether it is your first home, an investment property, a second home, or if you are looking to refinance your mortgage using a Home...

Read More

Understanding Your Credit Score

By: Devon Jones0 comments

There are two credit reporting agencies in Canada that provides credit scores – Equifax and TransUnion. Your credit or (Fico) score is made up of three-digit number that is...

Read More

How to Find the Perfect Mortgage Brokerage for Your Career

By: Devon Jones0 comments

If you are looking at joining a mortgage brokerage, you must do your due diligence. Your questioning should go far beyond asking about commissions and monthly fees. There are...

Read More

Muskoka (Parry Sound) Mortgage Refinancing Guide

By: Devon Jones0 comments

There are many reasons homeowners refinance their mortgages. They could be looking to lower your mortgage payment, pay off your mortgage faster, take equity out to purchase another property,...

Read More

The Ultimate Step By Step Guide to Getting a Mortgage Approval

By: Devon Jones0 comments

Regardless of your financial situation, every one envisions the home of their dreams. The mortgage process might seem quite daunting. If you are a first-time homebuyer or trying to...

Read More

How to Obtain a Mortgage Pre-Qualification Letter

By: Devon Jones0 comments

Shopping for a home is can be an exciting event, but it can also be unpleasant. The first stop in the home buying process is talking to your mortgage...

Read More