Tags » Pre-approvals

Where there's smoke, there's fire

A fall fire in the back yard reminded me of an old phrase that can apply to credit ratings, which is always a hot topic in the mortgage industry. 739 more words


I Now Pronounce You Happily Mortgaged

Okay, maybe that is not the first thing that comes to mind immediately following engagement. If you have marriage on your mind, it’s more likely that you’re probably also thinking about where you’re going to live when you begin your life together. 814 more words


6 Ways to Build Your Credit From the Ground Up

Limited or no credit? You’re in good company.

One in 10 adults in 2015 is “credit invisible,” meaning they have no established credit with a nationwide reporting agency, according to the Consumer Financial Protection Bureau. 1,289 more words

Mortgage Qualification

Bidding war homebuyer beware: Appraisers may not be as eager

Appraisals come in lower than buyers’ offers in Hamilton’s hot housing market

By Kelly Bennett, CBC News Posted: Aug 24, 2014 6:00 AM ET Last Updated: Aug 24, 2014 6:00 AM ET… 838 more words


Over 40% of first-time home buyers in Canada can’t afford a house without their parents’ help, report suggests

Canadian Press | April 23, 2015 | Last Updated: Apr 23 12:47 PM ET

Tyler Anderson/National PostBMO’s 2015 Home Buying Report found that 42 per cent of first-time buyers told an online survey that they expected their parents or relatives to help pay for their first home. 407 more words

Home Buyers

Why Getting Pre-Approved For A Mortgage Is A Sham

Mark Greene , Contributor

Source: Forbes Magazine; Updated from an article that first appeared on November 2012

Mortgage pre-approvals are pretend documents.  It is true that preliminary mortgage approval is an essential first step in the home buying process as real estate agents and sellers want proof of a buyer’s ability to secure a mortgage and bid on a property.  1,238 more words


Buy land, they're not making it anymore

That’s one of my favorite quotes to use when I get asked if buying property is a good investment. This week I want to talk about how it relates to real estate in the literal sense. 1,000 more words