by Jamie Cunningham | Sep 7, 2023 | Bills, Blog, Credit, Credit Checks, Debt, Mortgage, Mortgage Broker, Payments, PG Mortgage Broker |
These days, like so many things, your credit score is easily accessible and free. Not so long ago, the only way to see your credit score was to obtain a copy of your credit report, which involved submitting a request and paying for the privilege. In 2014, however,...
by Michelle McCullough | Sep 6, 2023 | Payment Frequency |
When finalizing your mortgage, you’ll need to decide which payment option to choose. The option you choose will determine how much and how often you’ll pay. There are 5 different payment options to choose from: MONTHLY – mortgage payment is withdrawn from your bank...
by Michelle McCullough | Aug 30, 2023 | Down Payment, First Time Home Buyers, Mortgage Broker |
Saving for a downpayment requires discipline and determination. Whether you’re aiming for the minimum downpayment (like most first-time homebuyers) or 20% down, there are some strategies to help you get there. If you are in the “saving up” stage of preparing for...
by Michelle McCullough | Aug 24, 2023 | Down Payment |
To purchase a home in Canada, you need a minimum of 5% downpayment. That’s 5% of the price you pay for the home if your purchase is $500,000 or less. For instance, for a $400,000 home, you need a $20,000 downpayment. What if the house you want is more than $500,000?...
by Jamie Cunningham | Aug 15, 2023 | BC, Bristish Columbia, CMHC, FSHA, Home Improvements, Homeownership, Mortgage Broker |
When buying your first home, don’t leave money on the table! Take advantage of the programs and incentives offered by the federal government that can help you achieve your new home. Tax-Free Home Savings Account (FHSA): This new registered plan combines...
by Michelle McCullough | Jun 2, 2023 | Divorce, Down Payment, First Time Home Buyers, FSHA |
Learning about the new First Home Savings Account (FHSA) program With the market starting to stabilize, and in many markets housing prices starting to rise again, maybe you or someone you know is looking at purchasing their first home before home prices rise too much....
by Michelle McCullough | Nov 3, 2022 | Announcements, Bank of Canada, City of Prince George, Finance |
2022 has already been tough on Canadians’ wallets, and recent economic data shows the pain is unlikely to end soon. Inflation continues to run hot, and on October 26 the Bank of Canada further raised its benchmark interest rate to try to bring it under control....
by Michelle McCullough | Oct 7, 2022 | Announcements, Contest, First National |
What are you most looking forward to in 2023? What exceptional things have you planned? Whatever you have in store, First National has one more! Give yourself the chance to start 2023 exceptionally with a $20K prepayment towards your mortgage by entering First...
by Michelle McCullough | Oct 4, 2022 | BC, Bristish Columbia, City of Prince George, Credit, Debt, Divorce, Mortgage, Mortgage Broker, PG Mortgage Broker, Separation |
Going through a separation or divorce? Your home can be the asset that gives both partners a fresh start. If you have a final separation agreement, then talk to us about how the value in your home and the power of your mortgage can help you both move forward on firm...
by Michelle McCullough | Sep 20, 2022 | City of Prince George, Down Payment, First Time Home Buyers, Mortgage Broker, Mortgage Insurance, PG Mortgage Broker |
We get questions about down payment all the time! So here is the lowdown on how much you need, and how you might get it. How much do you need? Not surprisingly, most Canadian homebuyers purchase a property with the absolute minimum down payment. The thing is, the...
