First Responder Mortgage Program

Posted On Jul 21, 2021

I once had the privilege of being a volunteer firefighter with Parkland County. I can tell you firsthand that it takes a special kind of person to fill these roles. When the alarm goes off, after they’ve already worked their full-time job, they...

Soak Up Savings With Low Mortgage Rates This Summer!

Posted On Jul 15, 2021

It looks like it will be a great summer now that Alberta's Open for Summer Plan has begun (and the weather has been amazing!) Hopefully, after an uncertain year or so, we all can relax a bit and continue with plans that were put on hold. If...

Buying a Starter Home

Posted On Jun 29, 2021

How do you know if a starter home is right for you? The decision to buy a home is a big one, and it gets even more complicated when you factor in the choice between choosing a starter home or a forever home. New mortgage rules and restrictions are...

June 1, 2021: New Mortgage Stress Test

Posted On May 21, 2021

It came as a surprise yesterday to hear that the minimum qualifying rate for ALL (insured & uninsured) mortgages will increase on June 1st. The new qualifying rate will be the greater of the borrower's mortgage contract rate plus 2 percent or 5...

The Term "Pre-approval" Can Be Misleading

Posted On May 07, 2021

Although going through the pre-approval process is more important than ever, pre-approvals are often misleading. Here's why you should have the condition "subject to financing" included on your offer to purchase.  A lender must review all...

Conditionally Approved vs Unconditionally Approved

Posted On Mar 16, 2021

Learn the difference between conditionally approved and unconditionally approved. These are two terms that you will hear once you make an offer on a home. Don't be confused by the meanings when the time comes to finalize your mortgage approval...