Mortgage Blog
How do I Qualify for a Mortgage?
January 9, 2019 | Posted by: Laurie Anne Faulkner
How do I Qualify for a Mortgage? In Canada, if you have good credit, a permenant income, a minimum down payment of 5% and the property you choose qualifies to the lenders guidelines you are wel ...
read more95% Loan to Value Spousal Seperation Mortgage
March 30, 2017 | Posted by: Laurie Anne Faulkner
Going through a Separation or Divorce? Your home can be the asset that gives both partners a fresh start. For many separating couples, their home is their most important asset. That’s why see ...
read moreProperty Transfer Tax – British Columbia
March 22, 2017 | Posted by: Laurie Anne Faulkner
Property Transfer Tax You pay Property Transfer Tax when you purchase or acquire an interest in a property. The tax must be paid when you register changes to a certificate of title with the Land Titl ...
read more
How Much Is The 1st Time Buyer Property Transfer Tax Rebate?
March 21, 2017 | Posted by: Laurie Anne Faulkner
First Time Buyer Property Tax Rebate Amounts Property Transfer Tax -You pay property transfer tax at the time you register a property at the land title office. The maximum rebate a qualified purch ...
read more
New CMHC and Genworth Mortgage Loan premiums
March 17, 2017 | Posted by: Laurie Anne Faulkner
Increase in CMHC and Genworth Mortgage Loan Insurance Premiums MArch 17, 2017 Increase in CMHC and Genworth Mortgage Loan Insurance Premiums Key Facts Mortgage loan insurance helps protect lenders ...
read moreHome Buying and Closing Costs
February 22, 2017 | Posted by: Laurie Anne Faulkner
When buying a home, especially upon purchasing your first home you will need to budget for extra expenses that will occur aside from your down payment. Some of the expenses related to buying a home ar ...
read more
First Time Home Buyers Property Transfer Tax Program Feb 22, 2017
February 22, 2017 | Posted by: Laurie Anne Faulkner
The First Time Home Buyers’ Program is designed to help British Columbians purchase their first home. Under the program, eligible purchasers can claim an exemption from Property Transfer Tax if ...
read more
Bring your SIN Number to your Closing Appointment in BC or you Can Not Close
September 7, 2016 | Posted by: Laurie Anne Faulkner
SIN Number needed before Lawyers can register your new property at Land Title in BC. When the BC Liberal government introduced their foreign buyer tax last month they also added a small detail ...
read moreWorking with a Mortgage Broker
July 3, 2016 | Posted by: Laurie Anne Faulkner
Why Consult a Mortgage Broker? Using a Mortgage Broker to arrange your financing has a multitude of advantages: Today’s mortgage market offers more choices than ever before, making it ti ...
read more
New Minimum Downpayment Calculator
March 8, 2016 | Posted by: Laurie Anne Faulkner
On February 15 2016, mortgages insured by CMHC will have new down payment rules. See if your new mortgage will be effected by these changes. What’s the price? We’ll show you if the new do ...
read more