Financing

Not sure how to put together a down payment? Want to buy a second property? How can you leverage your home equity to pay for your children’s post-secondary education? Dare to dream. You’ll find your answers here.

  1. Get the right advice from your broker today to help you reach your life goals tomorrow!

    by Denis Doucet What you’ll learn What other life goals and projects can I achieve through proper mortgage planning? The important role a mortgage broker can play in helping to bring your goals and projects to life Contrary to popular belief, your life stage and lifestyle are in constant flux. Therefore, it should come as […]

  2. Borrowing more to renovate your home

    by Denis Doucet What you’ll learn Different ways to borrow for renovations Mortgage refinancing: Is it right for you? How to finance major renovations when you buy a house Steps to getting a mortgage to finance your renovations Let’s be honest: it often takes more than vacuuming and Windex to make the bathroom in a new […]

  3. What’s your borrowing capacity?

    by Denis Doucet What you’ll learn Understanding GDS and TDS ratios  Our online tool to simply your calculations  Should we maximize our borrowing capacity? As we begin our browsing of properties, we are confronted with the question “How much can I afford?”.  The question of individual borrowing capacity merits attention and, thankfully, there are simple ways […]

  4. Variable rate mortgages: For who and why?

    by Denis Doucet What you’ll learn Why opt for a variable rate mortgage  Understanding variable rate mortgages  When you should choose a variable rate mortgage  Once the mortgage for your home has been approved, the next step is deciding whether you want a variable or fixed rate mortgage. It is important to take into account your […]

  5. Can I transfer my mortgage?

    by Denis Doucet What you’ll learn Can I transfer my mortgage? Do I have to pay a penalty when I transfer my mortgage? What happens when you want to move and you’re only in the third year of your five-year mortgage? Do you have to pay discharge fees? Here is an overview of what you need […]

  6. Does it make sense to still pay off a mortgage over 50?

    by Denis Doucet What you’ll learn Claude and Diane would like to pay their godson education. Sylvie and Pierre would like to completely repay their mortgage. How to stay as long as you can in your house? Paying off a mortgage after 50 years old is more common than you think. Contrary to what you might […]

  7. How to choose your mortgage term

    by Denis Doucet What you’ll learn What is a mortgage term? How to choose your mortgage term How to pay less interest on your mortgage When you negotiate a mortgage, its term has a major influence on the interest rate. More specifically, a mortgage term is defined as the length of a loan after which you […]

  8. Tiny house, tiny mortgage!

    by Denis Doucet What you’ll learn Is a tiny house right for me? Reduce your debt ratio with a tiny house An affordable secondary home  Where can I build my tiny house How can I reduce my utility bill It’s a growing trend in the United States: tiny houses are winning the hearts of people […]

  9. Mortgage brokers: your best bet when renewing your mortgage

    by Denis Doucet What you’ll learn Shopping for a mortgage online: is it worth it? How your credit rating impacts your mortgage How to reserve the best rate Your mortgage term is coming to an end within the next few months and your financial institution has sent you the renewal document by mail. It’s ‘simple.’ All […]

  10. It pays to pay down your mortgage faster

    by Denis Doucet What you’ll learn Reimburse your mortgage faster Reduce the duration of your mortgage loan Boost your payments Double-up, increase payments, anniversary payments are all viable avenues you can use to accelerate your payments to repay your loan term and balance. Increasing your mortgage payments, even slightly, over a few years can save […]