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?

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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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Spousal Buyout Mortgage

By: Devon Jones0 comments

Take Control of Your Future with the Sunlite Mortgage Spousal Buyout Mortgage Navigating the emotional and financial complexities of a separation or divorce is challenging. One of the most...

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How a Mortgage Pre-Approval Can Protect You from Rising Rates

By: Devon Jones0 comments

With interest rates rising, it’s important to lock in a lower rate as soon as possible. You can do this with the right home mortgage pre-approval. Find out how!...

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Should You Spend the Full Mortgage Amount You’re Approved For?

By: Devon Jones0 comments

Before you start shopping for a new home, you’ll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is...

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Should You Refinance Your Mortgage?

By: Devon Jones0 comments

There are a multitude of reasons why a homeowner may be considering refinancing their mortgage. However, before any final decisions are made it is always a good idea to...

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10 Essential Tips for Taking Out Your First Mortgage

By: Devon Jones0 comments

Taking out your first mortgage presents a major financial commitment, possibly the biggest one you’ll ever make, so it’s crucial that you get the best deal available. Getting a...

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Qualifying for a Reverse Mortgage: What You Need to Know

By: Devon Jones0 comments

If you are a Canadian homeowner living in Alberta, British Columbia, Ontario, 55 years old or over, and own your home, you could get up to 55% of the...

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Could a Private Mortgage be an option for you?

By: Devon Jones0 comments

Buying a home in Canada, whether it is your first home, an investment property, a second home, or if you are looking to refinance your mortgage using a Home...

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Understanding Your Credit Score

By: Devon Jones0 comments

There are two credit reporting agencies in Canada that provides credit scores – Equifax and TransUnion. Your credit or (Fico) score is made up of three-digit number that is...

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How to Find the Perfect Mortgage Brokerage for Your Career

By: Devon Jones0 comments

If you are looking at joining a mortgage brokerage, you must do your due diligence. Your questioning should go far beyond asking about commissions and monthly fees. There are...

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