Buying a Home in Canada in 2025: Why Now Might Be the Best Time

By: Devon Jones0 comments

If you’re a first-time homebuyer, a newcomer to Canada, or a self-employed individual, buying a home is a challenge. However, 2025 is shaping up to be one of the...

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What Are Closing Cost?

By: Sunlite Mortgage0 comments

What Are Closing Costs? Closing costs are the fees and expenses required to finalize a real estate transaction. They cover various services and administrative processes, ensuring the legal transfer...

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Should I File a Consumer Proposal and Then Refinance My Mortgage?

By: Sunlite Mortgage0 comments

You’re not alone if you’re a homeowner drowning in debt and unsure whether to file a consumer proposal and refinance your mortgage. Many Canadians face mounting unsecured debts and...

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Second Mortgage Qualification Requirements in Canada

By: Sunlite Mortgage0 comments

What are the second mortgage requirements in Canada? Securing a second mortgage in Canada can be an intelligent way to access your home’s equity for debt consolidation, renovations, or...

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Complex Mortgage Solutions for Home Buyers

By: Sunlite Mortgage0 comments

Buying a home can be challenging, especially if you need complex mortgage solutions for home buyers with unique financial circumstances that don’t fit traditional lender requirements. Many factors can...

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What New Mortgage Rules Mean for First-Time Buyers

By: Sunlite Mortgage0 comments

For years, first-time home buyers in Canada have faced significant challenges due to high property prices, limited housing supply, outdated mortgage down payment rules, and rising interest rates. Home...

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Getting a Mortgage in a Consumer Proposal

By: Sunlite Mortgage0 comments

The last couple of years, with high inflation after the pandemic, have financially frustrated some homeowners. There has been a high delinquency rate for loans, credit cards and mortgage...

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Will the Bank of Canada cut interest rates this year?

By: Sunlite Mortgage0 comments

Last fall, when the Bank of Canada (BOC) signalled that it was likely done raising interest rates and would start reducing rates in 2024, Bay Street traders, economists, car...

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How to Qualify for a Home Equity Line of Credit (HELOC)

By: Devon Jones0 comments

If you’re a homeowner looking to access funds for home improvements or other expenses, a home equity line of credit (HELOC) may be a good option for you. But...

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