Renovate Homes for Sale in Kelowna!

Homes for sale in Kelowna are selling like mad! If you are looking to sell your property this spring, it might be worth it to give the outside of your home a facelift. Curb appeal is everything when it comes to selling your home. For buyers,…
Kelowna mortgage tips

Downpayment Options

Your downpayment refers to the initial payment you make when buying a property through mortgage financing. A downpayment is always required when purchasing, because in Canada, lenders are only allowed to lend up to 95% of the property value,…

If You’re Looking to Sell Your Property, Start Here

If you’ve been thinking about selling your existing property, for whatever reason, it would be in your best interest to connect with an independent mortgage professional before calling your real estate agent or listing it yourself. And while…
Kelowna mortgage tips

Using an RRSP for a Home Purchase

Did you know there’s a program that allows you to use your RRSP to help come up with your downpayment to buy a home? It’s called the Home Buyer’s Plan (or HBP for short), and it’s made possible by the government of Canada. While the…
Kelowna mortgage tips

Difference Between Deposit and Downpayment

If you’re new to the home buying process, it’s easy to get confused by some of the terms used. The purpose of this article is to clear up any confusion between the deposit and downpayment. What is a deposit? The deposit is the money included…

Affordable Houses in Kelowna Hard to Find.

For those who have been paying close attention to the real estate market across Canada, you would know about the high real estate prices. Many folks living in B.C and Ontario are experiencing an extreme lack of affordability. Most people assumed…
Kelowna mortgage tips

Understanding your Employment Status

Chances are if you’re applying for a mortgage, you feel confident about the state of your current employment or your ability to find a similar position if you need to. However, your actual employment status probably means more to the lender…
Kelowna mortgage tips

Protect Your Credit Through a Divorce

Divorces are challenging as there’s a lot to think about in a short amount of time, usually under pressure. And while handling finances is often at the forefront of the discussions related to the separation of assets, unfortunately, managing…
Kelowna mortgage tips

Can you Trust Online Mortgage Calculators?

You’d think an online calculator is a pretty straightforward device, one that you should be able to place your confidence in, and for the most part, they are. Calculators calculate numbers. The numbers are reliable, but how you interpret those…