I get this question a lot and I see quite a few clients coming too me saying they have been pre-approved but received a decline when they had an offer on the table. To get a mortgage you basically need 3 things. Those are down payment, income and credit. Here is how this breaks down: [...]
You may have heard the phrase "mortgage stress test" in the news lately and are wondering what this is all about. It's not a condition that you need to get your health tested to be able to handle the stress of looking and purchasing a home. Basically the Government has put in place a procedure [...]
So you have finally gotten tired of renting and are now serious about looking to purchase a home. This is a big step in a persons life and if you budget correctly you should have no issues. The problem is most people do not do a budget and find themselves constantly worrying about how to [...]
