A mortgage is a huge financial responsibility, but it helps fulfill the homeownership dream for many home buyers. However, applying for a mortgage requires a thorough understanding of the housing market, and its rules continually change. As a layperson, going through complex mortgage procedures could lead to confusion and misinterpretation. Therefore, it’s best to enlist a mortgage broker’s services to relieve some of the stress and obtain assistance in applying and submitting necessary documents for a mortgage. 

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

Article Written By:  NA

Original Article Posted on:  NOVEMBER 23, 2020

Link to Original Article:  https://betterdwelling.com/canadian-real-estate-prices-surge-in-growth-except-for-condos/

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

Article Written By:  NA

Original Article Posted on:  2019-09-09

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

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

Article Written By:  NA

Original Article Posted on:  2020-09-15

Link to Original Article:  https://www.canada.ca/en/financial-consumer-agency/services/mortgages/reduce-prepayment-penalties.html

If you shopping for a home, or have worked with a mortgage professional in the past, you’ve most likely heard of rate holds before.

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When your mortgage application goes through the approval process, they are not only looking at you, but also the property in question. In fact, sometimes when an application is denied it has nothing to do with you, and everything to do with the property.