Are Smaller Units the Answer to Creating Affordable Housing in Kelowna?

If you’ve ever looked at purchasing housing in Kelowna, you’d know that finding something affordable is a rarity. Real estate prices have soared in the Okanagan over the last few months. With the average single-family home price sitting…
Kelowna mortgage tips

Will Collections Impact Your Mortgage

A question that comes up from time to time when discussing mortgage financing is, “If I have collections showing on my credit bureau, will that impact my ability to get a mortgage?” The answer might have a broader implication than what you…
Kelowna mortgage tips

Before You Co-Sign a Mortgage

So you’re thinking about co-signing on a mortgage? Great, let’s talk about what that looks like. Although it’s nice to be in a position to help someone qualify for a mortgage, it’s not a decision that you should make lightly. Co-signing…
Kelowna mortgage tips

Lowering Your Overall Cost of Borrowing

If you’re like most Canadians, chances are you don’t have enough money in the bank to buy a property outright. So, you need a mortgage. When you’re ready, it would be a pleasure to help you assess and secure the best mortgage available.…
Kelowna mortgage tips

Pay Down Your Mortgage Faster

Being a homeowner is excellent, having a huge mortgage isn’t. So, if you have a mortgage that you’re looking to get rid of as quickly as possible, here are four things you should consider doing. Accelerate your payments Making the change…

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…