15
NOV
2013

Tips For Purchasing Commercial Property: Best Mortgage Rates Calgary

Whether you are a business owner who is currently leasing and want to own, or you are a residential property owner looking to expand your opportunities, purchasing commercial property may be an option for you. As with any significant financial decision, it is important to educate...
15
OCT
2013

How Much Should you Budget for Calgary Mortgage Closing Costs?

5. Forget To Budget For Closing Costs Don’t forget to speak with your with your mortgage broker or banker about closing costs. Figure out how you will be able to cover the expenses ahead of time – don’t be caught off guard! The exact list of closing costs will vary from contract...
08
OCT
2013

Don’t Spend Your Calgary Mortgage Down Payment!

4. Spending Their Down Payment It seems silly, but this is a predicament in which many homebuyers find themselves. In Canada, homebuyers are required to provide a minimum of a 20 per cent down payment for an uninsured mortgage, and a minimum of a five per cent needed for an...
01
OCT
2013

What Not to Do Before You Take Possession of Your Calgary Mortgage

3. Taking Out Another Loan or Making a Large Purchase Somewhat similar to point number one, taking out another loan (for example, to purchase a vehicle) while in the pre-approval process can raise red flags for your lender when they check your credit at closing time. By making...
24
SEP
2013

Does Your New Job Affect Your Calgary Mortgage?

2. Changing Jobs Before Taking Possession Since your lender took your salary and employment history into careful consideration when deciding the amount of loan you qualify for, it makes sense that a change in either would cause concern on their behalf. Switching jobs while in the...
14
JUN
2013

Calgary Mortgage Tips: How Can I Save Money?

Even for the savviest investors, it can be tricky to translate economic forecasts into useful information to plan your financial life. The Bank of Canada’soutlook for the 2013 economy recently became rosier, and with that news some financial forecasters in Calgary were certain...
10
MAY
2013

Best Rates, Personal Service: 10 Reasons to Use a Calgary Mortgage Broker

Whether you are in the market for your first home or are interested in making changes to your existing mortgage, using a professional mortgage broker is becoming more and more common. Mortgage brokers are small business owners who rely on personal references and referrals for a...
28
MAR
2013

Your First Calgary Home Mortgage

It’s tough to know when to delve into buying your first home. Calgary and area is a busy part of the world, with a number of people working very long hours – often away from home – and entering the real estate market just isn’t a priority for those with not enough hours in the...