An insight into differences of A LENDERs, B LENDERs, and PRIVATE LENDERs People will often ask if a mortgage is with an A or B lender; however, few are aware of what these terms mean. The big banks will often refer to themselves as A lenders (which they are) with all others being B lenders […]

There are 9 million Millennials in Canada, representing more than 25 percent of the population. Born between 1980 and 1999, the eldest are in the early stages of their careers, forming households and buying their first homes. Buying a home is a daunting process for anyone, but especially so for the first-time homebuyer. This is […]

Mortgage [ˈmôrɡij] NOUN With a residential mortgage, a home buyer pledges his or her house to the bank. The bank has a claim on the house should the home buyer default on paying the mortgage. In the case of a foreclosure, the bank may evict the home’s occupants and sell the house, using the income […]

Tips for an easier and smoother home-buying process Mortgages are complicated—we get it! But there are steps that you as a home-buyer can take to make the process a much smoother one (plus let you walk away with the sharpest rate!) 1. Use a Broker This should be the first step you take when getting […]