Each Office Independently Owned & Operated
Posted by: Peter Carstensen
Ways to finance a second property Often the best option is to refinance your current mortgage. Mortgage refinancing means getting a reevaluation of your home and then redoing your mortgage based on the current value. This will allow you to tap into the equity your home has built over the years, and pull out the […]
Read MorePosted by: Peter Carstensen
Mortgages can sometimes feel like endless stacks of paperwork but being prepared in advance can save you time and stress! Getting your mortgage pre-approved is part of this prep process and will make things easy in the long run. To get pre-approved, the lender must have taken you on as a client and reviewed all […]
Read MorePosted by: Peter Carstensen
When it comes to mortgages, one of the most important influencers is interest rate but do you know how this rate is determined? It might surprise you to find out that there are 10 major factors that affect the interest you will pay on your home loan! Knowing these factors will not only prepare you […]
Read MorePosted by: Peter Carstensen
When it comes to the Canadian housing market, there are lots of options for where to live! From renting an apartment to owning a single-family home, it all comes down to where you see yourself living and what you can afford! The beauty is, there is no right or wrong answer when it comes to […]
Read MorePosted by: Peter Carstensen
Have you ever checked out an open house in the neighborhood, which you had no intention of buying? Or checking out listings online for your dream home? Of course you have! We’ve all looked at houses for fun, even just to examine the possibilities! In reality though, it can actually be quite stressful when you […]
Read MorePosted by: Peter Carstensen
Buying a home might just be the biggest purchase of your life—it’s important to do your homework before jumping in! We have outlined the 5 mistakes First Time Home Buyers commonly make, and how you can avoid them and look like a Home Buying Champ. 1. Shopping Outside Your Budget It’s always an excellent idea […]
Read MorePosted by: Peter Carstensen
Saving for a down payment is one of the biggest challenges facing people wanting to buy their first home. To fulfill the conditions of your mortgage approval, it’s all about what you can prove (hard to believe – but some people have lied in the past – horrors!). Documentation of down payment is required by […]
Read MorePosted by: Peter Carstensen
Principal and interest are the two components that make up a mortgage payment. Principal is the portion of your payment that goes towards paying down the outstanding balance of your mortgage. Interest is the other portion of your payment which goes directly into the pockets of your lender and does not contribute to paying down […]
Read MorePosted by: Peter Carstensen
Co-signing on a loan may seem like an easy way to help a loved one (child, family member, friend, etc. ) live out their dream of owning a home. In today’s market conditions, a co-signor can offer a solution to overcome the high market prices and stress testing measure. For example, if you have a […]
Read More