Category Archives: Achat

Buying a property needing major renovation? Careful planning will bring big savings!

Monday February 19th, 2018

Buying a property needing major renovation? Careful planning will bring big savings!

For over 5 years, you can no longer refinance* a mortgage for more than 80% of the market value of a home. Over the last 15 years, we have noticed that many of our clients return to our offices seeking mortgage refinancing in order to consolidate their debts. Sometimes this would occur only months after […]
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How to purchase an income property when you renew your mortgage

Monday February 5th, 2018

How to purchase an income property when you renew your mortgage

For years, you have been thinking about investing in an income property. Why not take advantage of your mortgage renewal to refinance your property and to provide you with the 15% or 20% down payment needed for such a project? Effectively, refinancing when you renew your mortgage gives you access to the entire mortgage market, […]
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I’m a self-employed worker looking for a mortgage loan, but my declared income isn’t representative. Are there solutions?

Wednesday January 31st, 2018

I’m a self-employed worker looking for a mortgage loan, but my declared income isn’t representative. Are there solutions?

Your declared income isn’t representative of your current income? If this is the case, we’ve got good news: you now have access to a program that could help you buy a property. Mortgage loan for self-employed workers with self-reported income The Business for Self (ALT.A) program allows self-employed borrowers to self-report their income. However, borrowers […]
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The 10-point case for working with a mortgage broker.

Monday January 22nd, 2018

The 10-point case for working with a mortgage broker.

1. Get expert advice on your financial options. Because we are independent mortgage brokers, we are not tied to a specific product range or a particular lender. Our only goal is to help you secure the best financing possible for your property. First, we take the time to get to know you and then work […]
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Do I need to have my mortgage pre-approved if I’m planning to buy a condo?

Monday January 8th, 2018

Do I need to have my mortgage pre-approved if I’m planning to buy a condo?

The short answer is no, but your real estate agent and mortgage broker strongly recommend it. Here’s why: You will be spending a lot of time with your real estate agent because they will be there to help you pinpoint your needs, look at properties, and negotiate with the sellers. It is only normal then […]
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Tired of paying rent?

Monday December 18th, 2017

Tired of paying rent?

Are you tired of paying the mortgage of your apartment building’s owner? Are you ready to make the leap and become a homeowner? You might feel totally ready, but, in my opinion, the first step you need to take before you go home or condo shopping is to get yourself pre-approved. A pre-approval allows you […]
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Another good reason to obtain a pre-approved mortgage.

Monday December 11th, 2017

Another good reason to obtain a pre-approved mortgage.

Patrick is walking around in the city and spots a condo for sale that interests him. He immediately calls the real estate agent whose phone number is on the sign to find out the price and to visit the condo. The real estate agent informs him that he has just received a purchase offer on […]
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Can’t find the property you want to buy?

Monday November 27th, 2017

Can’t find the property you want to buy?

Shabby carpeting , splintered moldings, a bathroom from a bygone era, and a kitchen with old melamine cabinets…There always seems to be something wrong when looking around for a potential new home. Did you know that it is easy to add renovation costs to the mortgage on your future home? For example, you visit a […]
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What do we do if we just made an offer on a house, but haven’t sold our condo yet?

Monday November 20th, 2017

What do we do if we just made an offer on a house, but haven’t sold our condo yet?

Start by asking yourself this one all-important questions: could you qualify for 2 mortgage loans – your current one on your condo and a new one for the house you want to buy? In effect, even if you intend to sell your condo, all the condo-related expenses (mortgages payments, municipal and school taxes, heating, and […]
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Can a bridge loan be a good solution ?

Monday November 13th, 2017

Can a bridge loan be a good solution ?

A bridging loan, better known as a “bridge loan” provides a solution for all buyers in the process of purchasing a property who have received an unconditional commitment for the purchase of their current residence but where the signing dates at the notary have not been scheduled on the right sequence. Although in the majority […]
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