Income Levels and Mortgage Qualification

Income Levels and Mortgage Qualification

This month, we’re focusing on income — the same thing your lender will focus on! Below we explore the type of home and mortgage you can get at different income levels, how to get it, and what the monthly payments would look like. As you’ll find out, homeownership...
How Employment Influences Your Mortgage Application

How Employment Influences Your Mortgage Application

This month we’re exploring the different ways your employment situation affects the mortgage application process. As you find out in our last blog, there are a lot of myths surrounding what you need to have but we’re all about finding solutions — regardless of how...
Mortgage Myth-Busting: Common Employment Assumptions

Mortgage Myth-Busting: Common Employment Assumptions

It is no secret that the pandemic has created a lot of fluctuation in the employment market. From job losses to people re-evaluating what they want to do for work, there’s lots of change… to say the least. How does change in one’s employment situation affect...
Popular Savings and Investment Vehicles

Popular Savings and Investment Vehicles

In our last blog, we looked at two different stories of people looking to use their investment earnings as part of their down payment. There are many different savings and investment vehicles to choose from, so we’ve put together a list of some of the most popular...
When Crypto Goes Wrong

When Crypto Goes Wrong

The results from the Finder’s Global Investing Adoption survey revealed that roughly 40% of Canadians invest in stocks. What about other investment vehicles and burgeoning trends like crypto? In this month’s blog story, we look at two stories that compare and...
Top Seven Ways to Save for Your Down Payment

Top Seven Ways to Save for Your Down Payment

In our last blog, we looked at a story of a couple looking to save up for a home purchase and needed to know how it could be done. There’s no one way to save that works for every person’s situation, here are seven ways to help get you started! 1. Debt Elimination It’s...
How to Save for Your First Home

How to Save for Your First Home

Finishing off the fourth quarter of 2021, the median sale price for a single-detached home in Ottawa rose to $681,000 and $550,000 for a townhouse or row-unit. These are big numbers for anyone to wrap their head around. That’s why this month’s client story shows how...
Qualifying for a Mortgage When You’re Self-Employed

Qualifying for a Mortgage When You’re Self-Employed

From 1976 to 2018, the number of self-employed Canadians went up from 1.2 million to 2.9 million respectively and account for roughly 15% of total employment. Whether you’re a sole proprietor or an incorporated business owner, there are different factors that lenders...
Top 13 Financial Literacy Tips and Tricks

Top 13 Financial Literacy Tips and Tricks

For financial literacy month, we’ve compiled 13 tips tied to various aspects of the mortgage application and lending process to go alongside the stories from our last blog — because getting the best deal has nothing to do with luck! 1. Different debts You might have...