How Long Does It Take for a Mortgage Approval in Canada?

Posted On Dec 17, 2024

If you’re applying for a mortgage, one of the first things you’ll want to know is how long it takes to get approved.The short answer is that it can vary, but on average, mortgage approvals in Canada take anywhere from 2 to 10 business days...

Which is Better, a Line of Credit or a Mortgage?

Posted On Dec 17, 2024

When it comes to borrowing money, two popular options are a line of credit (LOC) and a traditional mortgage. Each has its benefits and drawbacks, and the right choice depends on your financial goals and needs.Key Differences Between a Line of Credit...

Is It Better to Borrow More on a Mortgage?

Posted On Dec 17, 2024

Borrowing more on a mortgage can be a smart financial move—but only when done strategically. Understanding the difference between good debt and bad debt is key. Good debt helps you build wealth or improve your financial situation, while bad debt...

Which bank offers the lowest mortgage rate in Canada?

Posted On Dec 17, 2024

One of the most common questions I hear is, "Which bank has the lowest mortgage rate?" While it’s natural to focus on rates, the truth is that finding the best mortgage is about more than just numbers on paper. Here’s why working with a mortgage...

What Is the Best Free Mortgage Calculator Online?

Posted On Dec 17, 2024

When it comes to understanding your mortgage payments and planning for homeownership, having the right tools can make all the difference. One of the most helpful tools available is a mortgage calculator. While there are many free calculators online,...

How Much Deposit Do I Need for My First Home?

Posted On Dec 17, 2024

If you’re a first-time homebuyer in Canada, one of the first questions you’re likely asking is, "How much deposit do I need to buy a home?" Understanding the minimum down payment requirements and saving enough can feel overwhelming, but breaking...