The latest from the team at Patching Mortgage
Construction Mortgages, and what you need to know about them
So you’re looking to build a new home for you and your family? Or build a home as an investment property? If so, it’s important
A Brokers life – What you think I do, and what I really do
The primary purpose for producing this piece was to try and demystify the job of a Mortgage Broker. By now everybody that has a mortgage
6 Home purchase closing costs
Congratulations, you’ve just finished the mortgage process, removed subjects, and are now preparing for your meeting with the Notary to complete your new purchase. This
Is it all about rate?
Is It All About Rate? Most believe that it is. Many think that obtaining the lowest rate is essential to your real estate investment success. But keep in mind, rate is but one
Best ways to shop for a Mortgage
There comes a time in everyone’s life where they go from renter to homeowner. This is not an easy feat for most people, and one
A Brief history of Interest rates
January 1, 2017: OSFI imposed onerous capital requirements on default insurers, thus disadvantaging many bank competitors (and consumers) by jacking up rates substantially on low-ratio insured
Worst question ever – What’s your best rate ?!
Securing a mortgage can seem daunting. There are many variables, charges, and procedures that one must go through to secure a loan in order to
Lets properly calculate your Mortgage
Once my clients are pre-approved, and we’ve determined how much they can borrow based on their yearly earnings I ask the most important question in
The Rule of 72
Of all the things you can learn about money –the rule of 72 should be at the top of your list. The Rule of 72
Why so many docs?
Banks and Lenders growing concern about fraud has caused lending institutions to make their regulations on documentation for mortgage approval much more strict. At the beginning