Getting out of debt can be a stressful process. There are so many avenues to explore and the real challenge is finding the right solution to your specific needs. Many Canadians get into this situation due to an unforeseen life event (loss of your job, health issues, family health complications, etc.) and can no longer […]

Collateral Charge – What you need to know If you own your home, or are searching for your first home, I’m sure many of you have heard about this term at some point. I wanted to make a blog post dedicated to the topic to hopefully shed some light on what they are, and why […]

Many clients think that once they are pre-approved, they can write an offer on a house without a subject to financing clause on their real estate contract. However, this is a big misconception about pre-approvals. Going through the pre-approval process in itself is very important. It allows me to sit down with you and take a look […]

I’ve read a few articles recently that talk about RRSP loans and potentially using the tax refund towards a down payment on a home. From the sounds of it, this seems like a great idea! You get to contribute to your RRSP’s, pay less tax, get a big refund, and then have money to put […]

How does the Credit/Beacon Score number work? ·         This three digit number is a statistical formula that takes your personal credit information from your credit report ·         Scores range from 300 – 900 ·         The ‘Beacon Score’ is branded by Equifax ·         Everything counts: age, address, phone number, dependents, length of employment with same employer […]

Over the past year, I constantly get asked: “What’s the difference between a fixed rate and a variable rate?” I want to shed the light here on the differences between the two, and hope to give you a better understanding of both of them.   Fixed Rate: Your interest rate stays the same throughout the length […]