The latest from the team at Patching Mortgage
Credit Reporting, and what lenders see
When purchasing, renewing or refinancing your mortgage, your credit score can be the difference between allowing you access to AAA products, and having to go
The BIG 10 – ten steps to owning a home.
Congratulations, you’ve started looking for a place to call home. Let me be the first to tell you, it can/may be overwhelming and stressful. But
Mortgage rules update January 2017
Well, as many of you may know, their’s been some recent changes to the mortgage rules in Canada. I thought it would help if I created a timeline that
What is Bridge Financing
Many sell their current property in order to purchase something new. Reasons may include; need more space, moving locations, etc. Most of the time the
Mortgage Life Insurance Explained
Mortgage professionals like myself can protect our clients, their families and their homes by providing mortgage life insurance policies during the mortgage process. Mortgage life
Top 10 questions asked by FTHB’s
As a first time home buyer, the process of purchasing a home can seem very daunting, especially with the new rules coming into effect today, October
Why put more down if you can
Many First time home buyers lean on their families, social media and the Internet to gather information on how to purchase a home. Most know that they need a
Tips for Paying Off Your Mortgage Faster
More often then not, mortgages in Canada are amortized over twenty five and thirty year terms. I know! Twenty five to thirty years seems like a
Understanding Your Credit Report
People are dependant on credit more and more these days, and therefore, your credit report, and thus your credit rating, has become important in your
What’s a Collateral charge and why you should care
Many lenders (majority of the big banks) are moving towards collateral charge mortgages. Therefore it’s important to understand the differences between a collateral and a standard charge
Keep these in Mind Between Your Mortgage Approval and Funding Dates
As mortgage loans get tougher to secure, as lenders are tightening up their credit underwriting standards, please know that now, more than ever, it’s important to