So you’ve saved up some cash, done the necessary research, and excitedly informed your family of your intention to purchase a beautiful property. All that’s left to do is secure a mortgage. However, when it comes to mortgage financing, there are many questions you may have but often find answers difficult to come by. Therefore, Jackie at The Mortgage Girl wants to arm you with the most accurate information available to help you purchase a home. To do this, I’ve answered some of the most frequently asked questions about mortgage financing.

Did you know that in addition to working with a mortgage broker, there are a few steps you can take to guarantee your mortgage is approved on the first go? That’s right! By preparing yourself and understanding what is required during a mortgage application, you can improve your chances of acquiring the mortgage finance you need.

Original Article Source Credits: MoneySense, https://www.moneysense.ca/

Article Written By: Erin Pepler

Original Article Posted on: 3rd May 2021

Link to Original Article: https://www.moneysense.ca/spend/real-estate/ways-to-finance-home-renovations/

Original Article Source Credits: Canadian Mortgage Trends, https://www.canadianmortgagetrends.com/

Article Written By: Steve Huebl 

Original Article Posted on: 7th June 2021

Link to Original Article: https://www.canadianmortgagetrends.com/2021/06/the-latest-in-mortgage-news-have-home-prices-peaked/

Original Article Source Credits: The Globe & Mail, https://www.theglobeandmail.com/

Article Written By: Diana Lawrence

Original Article Posted on: 8th June 2021

Link to Original Article: https://www.theglobeandmail.com/real-estate/article-is-now-the-time-to-invest-in-an-income-property/

Original Article Source Credits: Better Dwelling, https://betterdwelling.com/

Article Written By: NA

Original Article Posted on: 10th June 2021

Link to Original Article: https://betterdwelling.com/canadian-real-estate-markets-will-cool-but-dont-rule-out-a-correction-desjardins

Original Article Source Credits: Edmonton Journal, https://edmontonjournal.com/

Article Written By: Joel Schlesinger 

Original Article Posted on: 4th June 2021

Link to Original Article: https://edmontonjournal.com/life/homes/fearless-first-timers-albertas-new-homebuyers-less-stressed-than-rest-of-nation

Original Article Source Credits: Canadian Mortgage Trends, https://www.canadianmortgagetrends.com/

Article Written By: Steve Huebl 

Original Article Posted on: 9th June 2021

Link to Original Article: https://www.canadianmortgagetrends.com/2021/06/bank-of-canada-holds-rates-says-high-inflation-will-be-temporary/

Buying a house is a significant transaction that usually requires financial backing in the form of a mortgage. However, to acquire a mortgage, you need to prove your ability to repay the money you borrow. For this, you must provide certain documents that state and support your financial capacity. In addition to this, you must also refrain from certain activities that could alter your financial health.

Original Article Source Credits: CBC, https://www.cbc.ca/

Article Written By: Bobby Hristova 

Original Article Posted on: 28th April 2021

Link to Original Article: https://www.cbc.ca/news/canada/hamilton/hamilton-real-estate-broken-rules-1.5996591

Original Article Source Credits: Canadian Mortgage Trends, https://www.canadianmortgagetrends.com/

Article Written By: Ross Taylor 

Original Article Posted on: 27th April 2021

Link to Original Article: https://www.canadianmortgagetrends.com/2021/04/a-pre-approval-does-not-guarantee-a-mortgage-approval/

Original Article Source Credits: Financial Post, https://financialpost.com/

Article Written By: Clayton Jarvis 

Original Article Posted on: 7th April 2021

Link to Original Article: https://financialpost.com/moneywise/5-common-mistakes-canadians-make-with-their-mortgages

Original Article Source Credits: Canadian Mortgage Trends, https://www.canadianmortgagetrends.com/

Article Written By: Steve Huebl 

Original Article Posted on: 3rd May 2021

Link to Original Article: https://www.canadianmortgagetrends.com/2021/05/first-time-home-buyer-incentive-2-0-now-available/

Original Article Source Credits: Financial Post, https://financialpost.com/

Article Written By: Murtaza Haider and Stephen Moranis 

Original Article Posted on: 3rd May 2021

Link to Original Article: https://financialpost.com/real-estate/heres-why-the-state-of-mortgage-lending-isnt-precarious-despite-fear-mongering-about-housing-markets

Original Article Source Credits: Loans Canada, https://loanscanada.ca/

Article Written By: Zoocasa

Original Article Posted on: NA

Link to Original Article: https://loanscanada.ca/mortgage/working-with-a-mortgage-broker/

Original Article Source Credits: Canadian Mortgage Trends, https://www.canadianmortgagetrends.com/

Article Written By: Steve Huebl 

Original Article Posted on: 9th March 2021

Link to Original Article: https://www.canadianmortgagetrends.com/2021/03/mortgages-lead-credit-growth-as-delinquency-rates-decline/

Original Article Source Credits: Better Dwelling, https://betterdwelling.com/

Article Written By: NA

Original Article Posted on: 19th March 2021

Link to Original Article: https://betterdwelling.com/canadas-real-estate-industry-is-forecasting-lower-prices-from-here

Original Article Source Credits: Canada.ca, https://www.canada.ca/

Article Written By: NA

Original Article Posted on: 29th December 2020

Link to Original Article: https://www.canada.ca/en/financial-consumer-agency/services/mortgages/preapproval-qualify-mortgage.html

Original Article Source Credits: CBC, https://www.cbc.ca/

Article Written By: NA

Original Article Posted on: 16th March 2021

Link to Original Article: https://www.cbc.ca/news/business/bank-of-canada-likely-cutting-bond-purchase-1.5951580

Gone are the days when making a large down payment means you are rewarded with best mortgage rates due to recent Federal Government rule changes. What?!?! Prudent savers are now being charged higher, not lower rates! Read on to find out if you should buy now with a minimal down payment or keep saving.