• Home Purchase/Buying Basics
    Buying a home is a milestone in everyone's life. It symbolizes that you are independent and have achieved the stability of living a relatively comfortable life. Here are a few things
  • This means a couple of things. The most important thing to realize is that the lender will not just fork over a new, lower interest rate. You will be asked to bring in income documentation
Latest Blog Articles

Finance Minister Is Calling For More Stringent Mortgage Rules

Finance Minister Bill Morneau's news release this morning will have a great impact on future home buyers borrowing capacities and lender’s lending policies.

In order to protect and stabilize the ever steaming real estate market in GTA and GVA, the federal government is proposing the following changes to mortgage lending rules:

What Is Collateral Mortgage?

The term of Collateral Charge has been heard by many of us today, yet many of us don’t quite understand it. It refers to how the mortgage is registered on title.

A mortgage, or charge in legal terms, can be registered on title as regular charge or collateral charge, depends on the lender’s instruction to the solicitor.