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What to do Before Listing Your Home

Deciding to list your home for sale is a big decision. And while there are many reasons you might want/need to sell, here are 3 questions you should ask yourself; and have answers to, before taking that step.  What is my plan to get my…
Kelowna mortgage tips

Not All Mortgages are Created Equally

A no-frills service or product is where non-essential features have been removed from the product or service to keep the price as low as possible.  And while keeping costs low at the expense of non-essential features might be okay when…
Kelowna mortgage tips

Understanding Payment Frequency

You’ve most likely heard that there are two certainties in life; death and taxes. Well, as it relates to your mortgage, the single certainty is that you will pay back what you borrow, plus interest. With that said, the frequency of how often…

Mortgage Advice to Help You Through a Separation

With the latest stats claiming that about half of marriages end in divorce and with around three-quarters of Canadians being homeowners, it’s important to know how to handle your mortgage if you decide to separate. Here’s a quick list of…

Finance Your Home Renovations

If you’re looking to do some home renovations but don’t have all the cash up front to pay for materials and contractors, here are a few ways to use mortgage financing to bring everything together. Existing Home Owners - Mortgage Refinance Probably…
Kelowna mortgage tips

4 Signs You’re Ready for Homeownership

Buying your first home is a big deal. And while you may feel like you’re ready to take that step, here are 4 things that will prove it out. You have at least 5% available for a downpayment. To buy your first home, you need to come up…
Kelowna mortgage tips

What is a Second Mortgage?

If you're not all that familiar with the ins and outs of mortgage financing, the term "second mortgage" might cause a bit of confusion. Many people incorrectly assume that a second mortgage is arranged when your first term is up for renewal…
Kelowna mortgage tips

Standard or Collateral Charge Mortgage. What’s best for you?

When arranging mortgage financing, your mortgage lender will register your mortgage in one of two ways. Either with a standard charge mortgage or a collateral charge mortgage. Let’s look at the differences between the two. Standard charge…
lower mission real estate in kelowna

How To Avoid An Accidental Home Purchase

Buying a property might actually be easier than you think. So, if you have NO desire AT ALL to qualify for a mortgage, here are some great steps you can take to ensure you don’t accidentally buy a property. Fair warning, this article might…