Below you'll find a list of all posts that have been tagged as “homebuyers”
The Government of Canada placed into effect a very important mandate called Guideline B20. It requires financial institutions and mortgage brokers to provide sound residential mortgage underwriting practices. This was done to reduce the risk of financial loss for lenders. Securing and protect lenders’ finances ultimately reduces the risk and …
When you are a first-time homebuyer, it often feels like every next step of the process is harder than the last one. First, you have to scale the hurdle of saving enough money for the down payment on the home. Then you must get approved for the loan. Finally, you …
The process of obtaining a residential mortgage is best done with the help of a mortgage broker. An expert simplifies a rather complicated process. The Canadian Mortgage and Housing Corporation report a more than a 20% increase in the total value of mortgage originations compared to the same period in 2019. …
