The short answer to this question is yes, but the long answer is much more detailed. Many benefits come with using home equity to purchase a home, but there are many considerations involved. As with any mortgage loan or line of credit, you need to...
The road to owning a home can be daunting, especially if it is your first time. Like any other significant financial investment, buying your first home is exciting but challenging. Once you have decided to embark on your first home buying journey, some careful planning and...
Many older Canadian homeowners may have built up substantial equity in their homes, paying off all of most of their home loans. As they get older, they may wish to use the equity of the home for things like retirement accommodations, health care needs, a...
As a top-level mortgage broker on Canada’s West Coast, John Antle is often asked about the best ways to get pre-approved for a mortgage. Many people shopping for their first home in Canada do not realize that the home buying process most often should begin...
Justin and Susan are a young couple who purchased their first home in Kelowna BC a number of years ago. At the time, it was perfect. They had enough space for the two of them to live and enjoy life comfortably. The payments may have...
Most great Kelowna mortgage brokers will tell you the hunt for a home shouldn’t begin with contacting a realtor, it should start with a mortgage lender who can help you prequalify for a mortgage. Obtaining a mortgage pre approval means you know exactly what your home...
[vc_row][vc_column][vc_column_text]The 2018 BC budget proposed a new tax for people who speculate on residential real estate in the province of British Columbia. It is aimed at buyers who flip houses and capitalize on the increasing housing prices. The speculation tax is based on a housing...