Why Should I get a Mortgage Pre-Approval

Why Should I get a Mortgage Pre-Approval

A mortgage pre-approval can be an important part of your pathway to building wealth, giving you a real-world picture of your options: that is, your opportunities as well as your limitations. A mortgage pre-approval will tell you how much you qualify for (you may be...
What Is A Monoline Lender

What Is A Monoline Lender

We are often asked about monoline lenders – who are they, what benefits do they offer, and how do you get access to a monoline lender anyway? Good questions. “Mono” means “one”. So it’s a “one-line” lender that doesn’t do anything else except mortgage lending....
Bank of Canada Rate Hold

Bank of Canada Rate Hold

The Bank of Canada (“BOC”) announced today that it is holding its target for the overnight rate at the “effective lower bound” of 0.25%. Cameron Strong, CEO, Invis Mortgage Intelligence notes that “Canadian mortgage holders can expect no further rate...
Mortgage Deferrals + Ten Tips

Mortgage Deferrals + Ten Tips

We hope you and your family are enjoying good health and finding some measure of happiness in this strange spring. Certainly, many are feeling the financial pressures mount as we work together to conquer this pandemic. The good news is there are strategies that can...
The Lowdown on Downpayments

The Lowdown on Downpayments

We get questions about downpayment 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 downpayment. The thing is, the...