Mortgage Blog

Category: Mortgage Advice (24 posts)

Property Transfer Tax – British Columbia

Property 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 ...

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New Minimum Downpayment Calculator

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 ...

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Prevent Identity Theft

Prevent Identity Theft

March 26, 2014 | Posted by: Laurie Anne Faulkner

Preventing Identity Theft Identity theft can cause you huge headaches, but having your house sold without your knowledge is among the worst kind of outcome that can result. Take steps to prevent iden ...

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Mortgage Application Tips- What Your Broker Needs To Know

Mortgage Application Tips- What Your Broker Needs To Know

September 25, 2013 | Posted by: Laurie Anne Faulkner

Mortgage Application Tips- What your Broker needs to Know Your mortgage professional requires certain information before they can approve you for a mortgage loan. Use this list to make sure you bring ...

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Grey Divorce

Grey Divorce

November 23, 2012 | Posted by: Laurie Anne Faulkner

Grey Divorce With more and more people going thru divorce later in life, it is good to advise to make sure both parties know about the family finances and have their own credit established in the e ...

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Life After Divorce: Get your Finances on Track

Life After Divorce: Get your Finances on Track

November 23, 2012 | Posted by: Laurie Anne Faulkner

Financing After a Divorce? Can I get a mortgage on my own?  Can I afford to keep the family home? What do I need to do to organize this?  Getting back on your feet emotionally after a s ...

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Purchasing your Next Home

Purchasing your Next Home

November 19, 2012 | Posted by: Laurie Anne Faulkner

Purchasing your Next Home Time to move to your next home? There are lots of reasons to do so – your family has expanded  or  become  smaller,  your  moving   ...

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What Term Should I Take?

What Term Should I Take?

November 9, 2012 | Posted by: Laurie Anne Faulkner

What Term Should I Take? Selecting the mortgage term that’s right for you can be a challenging proposition for even the savviest of homebuyers, as terms typically range from six months up to 10 ...

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Paying Off Your Mortgage Sooner

Paying Off Your Mortgage Sooner

November 9, 2012 | Posted by: Laurie Anne Faulkner

Paying Off Your Mortgage Sooner How to shorten the length of your mortgage and minimize the cost of borrowing There are many benefits to shortening your mortgage, and thereby paying less for the cos ...

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Refinancing A Mortgage

Refinancing A Mortgage

November 8, 2012 | Posted by: Laurie Anne Faulkner

Refinancing a mortgage refers to paying off an existing mortgage and replacing it with a new one. Mortgage refinances are an excellent opportunity for you to consolidate various debts that may have ...

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Behind On Your Mortgage? I Can Help

Behind On Your Mortgage? I Can Help

November 8, 2012 | Posted by: Laurie Anne Faulkner

Concerned about losing your home? Help is available. Your home is the single most important investment you may ever make. Unfortunately, many people encounter financial difficulties during their liv ...

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New Immigrant Document Check List For Before You Arrive In Canada

New Immigrant Document Check List For Before You Arrive In Canada

November 7, 2012 | Posted by: Laurie Anne Faulkner

Checklist - before you leave you own country If you are planning to purchase a new home upon arrival in Canada here are a few documents you might want to consider gathering before you leave you home ...

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When Does It Make Sense To Refinance?

When Does It Make Sense To Refinance?

November 7, 2012 | Posted by: Laurie Anne Faulkner

When Does It Make Sense To Refinance? Sometimes it’s to take advantage of lower interest rates, but there are many other reasons to refinance. Are any of them right for you? Find out by seeing ...

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Your Next Home

Your Next Home

November 7, 2012 | Posted by: Laurie Anne Faulkner

Time to Move to Your Next Home? There are lots of reasons to do so - your family has expanded or become smaller, your moving from your 1st condo to a home with a yard, moving away from a y ...

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What is the Right Mortgage for you?

What is the Right Mortgage for you?

October 30, 2012 | Posted by: Laurie Anne Faulkner

Today, more than ever, there are numerous mortgage options available. Don’t be confused. I can help you find the best product for your needs and negotiate you the best rate. I will do the rese ...

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How Do Lenders Look at Borrowers?

How Do Lenders Look at Borrowers?

October 30, 2012 | Posted by: Laurie Anne Faulkner

Aside from considering the different options when purchasing a home, you as a home buyer need to understand how lenders look at your “financial situation” when deciding whether to grant mo ...

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Take the Test

Take the Test

October 30, 2012 | Posted by: Laurie Anne Faulkner

Welcome to the City The City is a learning program developed by the Financial Consumer Agency of Canada (FCAC) and the British Columbia Securities Commission (BCSC). It teaches young people financial ...

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Mortgage Rate Analysis

Mortgage Rate Analysis

October 30, 2012 | Posted by: Laurie Anne Faulkner

Is Refinancing Your Mortgage Right for You? Refinancing a mortgage refers to paying off an existing mortgage and replacing it with a new one. Homeowners choose this strategy for a range of reasons, t ...

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Should I Rent or Buy?

Should I Rent or Buy?

October 30, 2012 | Posted by: Laurie Anne Faulkner

Especially when getting into the housing market this is an important question that many prospective home buyers ask. A great starting point is to try out our Rent vs. Buy Calculator to help you determ ...

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Know Your Housing Affordability Level

Know Your Housing Affordability Level

October 30, 2012 | Posted by: Laurie Anne Faulkner

How much home can you reasonably afford? Lenders typical look at your TDS (Total Debt Service) ratio and GDS (Gross Debt Service) ratio as part of their lending guidelines, but there is so much more t ...

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Quick Link to Important Home Owner Web Sites

Quick Link to Important Home Owner Web Sites

October 30, 2012 | Posted by: Laurie Anne Faulkner

1. The Homeowner Protection Office http://www.hpo.bc.ca/homebuyers (HPO) is a branch of BC Housing, a provincial Crown agency The HPO is responsible for: • licensing residential builders and ...

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Moving Checklist

Moving Checklist

October 30, 2012 | Posted by: Laurie Anne Faulkner

When you are facing a move, some practical advice can really be helpful – What you really need are step-by-step tips that will help you chip away at the daunting task of packing, moving and sett ...

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Moving Tips - Don't Stress

Moving Tips - Don't Stress

October 30, 2012 | Posted by: Laurie Anne Faulkner

Moving does not have to be stressful, just follow these easy tips and get ready to enjoy your new home sooner. Arrange early for your moving needs – movers (get estimates before hiring), truc ...

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Know Your Credit

Know Your Credit

October 30, 2012 | Posted by: Laurie Anne Faulkner

Your Credit Rating So, how’s your credit rating these days? Many people don’t realize how important it is to maintain a good credit rating. Nor do they understand what is involved in achi ...

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