Non-Resident Financing in the Sea to Sky Corridor

General Jennifer Brophy 23 Nov

Here is what you need to know about foreign buyer financing for real estate purchases in British Columbia, Canada. If you are obtaining a mortgage, you will need a Canadian bank account. Most banks require you to show your identification in person to open an account. Check the bank’s wire transfer policy to find out […]

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Getting the Down Payment Down.

General Jennifer Brophy 7 Jun

A down payment is one of the most essential aspects of every mortgage application and new home purchase. In Canada, home purchases require a minimum cash payment from your own funds that is put towards the purchase. This is your down payment and is considered your stake in the deal. Many home buyers understand that […]

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Banking Regulator Aims To Make It Tougher To Get An Uninsured Mortgage

General Jennifer Brophy 9 Apr

With several Big-Five bank CEOs calling for regulatory action to slow the red-hot housing market, it didn’t take long for the Office of the Superintendent of Financial Institutions (OSFI), the governor of federally regulated financial institutions, to respond. In a news release issued today, OSFI proposed an increase in uninsured mortgages’ qualifying rate to the […]

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10 Reasons you should use a whistler mortgage broker

General Jennifer Brophy 19 Mar

SAVE TIME. When you deal with a mortgage broker, you only have to fill out one application (and we all know those types of applications aren’t exactly fun to complete). The mortgage broker then shops your application to lenders to find you the best product and rate. SAVE MONEY. There’s absolutely no charge for our […]

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What’s ‘up’ with Fixed Rates?

General Jennifer Brophy 9 Mar

Historically low fixed rates have been one of the pandemic silver linings fueling the Canadian real estate market. However, in the last two weeks, we have seen fixed rates creep up twice since the pandemic began as a result of a rising yield on the Canada 5-year bond. The steeper bond yield reflects growing optimism […]

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6 Important Questions to Ask Before a Big Home Renovation

General Jennifer Brophy 10 Feb

6 Important Questions to Ask Before a Big Home Renovation. So you want to make a major home renovation. Congratulations! Now, you’ve got to find the right contractor for the job. While doing a thorough online search or asking family and friends is an important first step, once you find a potential contractor, it’s time […]

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How to ace your credit score 

General Jennifer Brophy 3 Feb

How to ace your credit score  Whether you’re trying to increase your credit score to meet CMHC’s new minimum requirement of 680, need to improve poor credit, or are just aiming for the perfect score of 900, here are a few tips to get you closer to your goal:    Try to use less than […]

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