Mortgage
First-Time Home Buyer Guide to Getting a Mortgage in Canada
Learn the essential steps to secure your first mortgage in Canada, from pre-approval to closing, with guidance on down payments, the stress test, and CMHC insurance.
Purchase
Articles about purchase under Mortgage.
Mortgage
Bi-Weekly Versus Monthly Mortgage Payments in Canada: The Real Dollar Savings
Discover how switching from monthly to bi-weekly mortgage payments can save you thousands in interest and shorten your amortization period.
Mortgage
Accelerated Bi-Weekly Mortgage Payments in Canada: How Much Faster You Pay Off Your Home
Learn how switching to accelerated bi-weekly mortgage payments can help Canadian homeowners pay off their mortgage years earlier and save thousands in interest.
Mortgage
Accelerated Biweekly vs Monthly Mortgage Payments in Canada: How Much Can You Save?
Switching from monthly to accelerated biweekly mortgage payments can save you thousands in interest and shave years off your amortization in Canada. Understand the math and find out how much you could save.
Mortgage
Understanding Your Mortgage Amortization Schedule in Canada
Learn how each mortgage payment is split between principal and interest, and why understanding your amortization schedule helps you save money over your loan's lifetime.
Mortgage
Mortgage Broker or Bank: How to Choose in Canada
Deciding between a mortgage broker and going direct to your bank? Learn the key differences, pros and cons of each option, and which route typically saves Canadian borrowers money.
Mortgage
Open Versus Closed Mortgages in Canada: Which Flexibility Is Worth the Higher Rate
Learn how to choose between open and closed mortgages in Canada by weighing prepayment flexibility against interest rate costs.
Mortgage
Investment Property Mortgages in Canada: How to Qualify and What Lenders Require
Investment property mortgages require at least 20% down, pass the OSFI stress test, and prove you can carry both properties, lenders count only 50-80% of projected rental income.
Mortgage
Mortgage Brokers vs Banks: How to Compare Your Options in Canada
Compare Canadian mortgage brokers and direct bank lending to find the best mortgage rate and service for your home purchase or refinance.
Mortgage
Bridging Loans in Canada: Buying Your Next Home Before Selling
Compare bridging loans, HELOCs, and other strategies for buying your next Canadian home before your current property sells.
Mortgage
Open Versus Closed Mortgages in Canada: 7 Key Differences You Need to Know
Open and closed mortgages differ primarily in flexibility and cost. Open mortgages let you prepay or break your mortgage anytime without penalties, but carry higher interest rates. Closed mortgages lock you in for the full term with lower rates but charge significant penalties if you need to exit early.
Mortgage
A First-Time Home Buyer's Guide to Getting a Mortgage in Canada
A complete guide for first-time home buyers in Canada covering mortgage qualification, down payments, the stress test, and key programs that can help.
Mortgage
How to Lock in Your Mortgage Rate for an August Closing in Canada
Learn the strategy for securing the best mortgage rate when planning to close on your home purchase in August, including timing, rate hold mechanics, and decision points for Canadian buyers.
