by Team YourMortgageSpecialist.ca | Feb 23, 2022 | Mortgage Advice
Credit scores are inherently tied to mortgage applications. They create a baseline reference for your lender to review whether you are borrowing responsibly. That is to say that wrapped up in your credit score is insight on: how long you’ve been borrowing, whether...
by Team YourMortgageSpecialist.ca | Nov 14, 2021 | Mortgage News
In November 2021, the Government Agency Financial Services Regulatory Authority of Ontario (FSRA) launched a new consumer education campaign designed to remind consumers that all Ontario agents and brokers must be licensed with the FSRA. Part of the consumer education...
by Team YourMortgageSpecialist.ca | Sep 8, 2021 | Mortgage Advice
Alternative lenders are more popular than ever with homeowners. Today, banks are very generalist about their financial services. They are not known for creative solutions that adapt to various career types. This can be discouraging for homeowners who don’t fit into a...
by Team YourMortgageSpecialist.ca | Jul 8, 2021 | Mortgage Advice
Have you heard of ‘HGTV Syndrome’? That’s a reference to the impact that home renovation shows had on new homeowners over the last decade. Stainless Steel appliances, open living spaces, and granite countertops have become expected standards for recent first-time...
by Team YourMortgageSpecialist.ca | Mar 29, 2021 | Mortgage Advice
Mortgage co-signing is becoming much more relevant today. With real estate prices soaring and the introduction of a more stringent stress test in 2018, it is increasingly difficult for first-time buyers to access the residential market. That’s why so many denied...
