22 Mar

New Credit Reporting and What It Says About You

General

Posted by: Jeff Parsons

New credit reporting and what it says about you and your spending habits may make all the difference between you buying a home now or later. When home buyers contact me to apply for a mortgage, I always review their credit report with them along with the rest of their application, before they start looking […]

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10 Mar

New to Canada and Establishing Credit

General

Posted by: Jeff Parsons

When you are new to Canada and establishing credit, deciding on the best way to create a good credit history can be difficult. You need a good credit rating in Canada if you are planning to rent or buy a home, buy a car or borrow money. By taking some important first steps to get […]

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8 Mar

The Power of Prepayment Options

General

Posted by: Jeff Parsons

Do you have a Mortgage Action Plan (MAP)? If not, it’s time to plan your road MAP to mortgage free living. Every lender provides options, but very few take advantage of them. These mortgage benefits are called PREPAYMENT OPTIONS. The three most common prepayment options are: adjust the frequency at which the payments are made (weekly, […]

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8 Mar

Single Ladies Buying Homes

General

Posted by: Jeff Parsons

It’s becoming increasingly apparent that a greater number of women are now taking the reigns when it comes to home purchases. There’s a growing trend among single women – and, more precisely, professional single women – who are becoming independent homeowners. While many of them may be putting off marriage, they’re not waiting around for […]

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4 Mar

How to Choose the Right Mortgage Term

General

Posted by: Jeff Parsons

Understanding the terms of the mortgage are paramount in choosing the mortgage product that is right for your particular and unique situation. What is the difference between term and amortization? Are terms all the same for every lender? What are the differences of terms from lender to lender? These are just a few of the […]

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29 Feb

Buying vs Renting

General

Posted by: Jeff Parsons

At some point in their lives, most Canadians have probably asked themselves whether it is better to buy or rent a home. Purchasing a home is one of the biggest decisions most people ever make so the impacts of the decision can be HUGE. Ultimately, the decision is a personal choice, but it helps to […]

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29 Feb

Divorce and Your Home

General

Posted by: Jeff Parsons

We all know that marriage isn’t always forever. When a separation occurs, a home is often involved. Since most couples have a joint mortgage – one where both names are on the mortgage and title of the home – when separation or divorce proceedings occur, many wonder what will happen with the home. When the […]

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11 Feb

5 Steps To Obtaining the RIGHT Mortgage

General

Posted by: Jeff Parsons

Here are the steps you need to follow to ensure you get a mortgage that’s right for you! Step One: Pre-Qualify & Strategize! Step one is to get pre-qualified, which should not be confused with the term pre-approved. The big difference is that no approval is ever given by a lender until they have an […]

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9 Feb

Top 8 Benefits of Using a Mortgage Broker

General

Posted by: Jeff Parsons

When shopping for a mortgage, many home buyers enlist the services of a Mortgage Professional. There are several benefits to using a Mortgage Broker and I have compiled a list of the top 8: 1. Saves you time – Mortgage Brokers have access to multiple lenders (over 50!). They work with lenders you have heard of and lenders […]

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