Kelowna Mortgages Tag

If you’re purchasing a home or renewing your mortgage in the near future you may be wondering “should I get a variable or fixed rate mortgage?”. Almost every home buyer has asked themselves this question at one point. Some studies have shown that choosing a variable...

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...

If you’ve been staying up to date with recent housing news in Canada, you’ve likely heard of the new mortgage stress test. This test is affecting potential home buyers all over Canada. It requires all federally regulated financial institutions to qualify mortgages at a higher...

[vc_row][vc_column][vc_column_text]If you’re considering buying a home, then one of the first things you want to learn about is the different financing professionals. Depending on your personal preference, you can either contact a mortgage lender or a mortgage broker. A mortgage lender works for a financial...

Buying a home is bound to be one of the biggest purchases and investments that you’ll make in your lifetime. If you’re purchasing your first home, there a few important things to keep in mind and take into consideration before you begin the application process....

Penalty calculations, porting restrictions, refinance limitations, fully closed terms, appraisal fees and collateral charges, does this all sound confusing, complicated and, well, costly? The terminology of buying a house can be difficult to navigate, for most people it’s a whole new language. Perhaps the most frightening...