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Mortgage Options for Self-Employed Canadians
For self-employed Canadians, the entrepreneurial journey often comes with unique challenges and rewards. When it comes to homeownership, navigating mortgage options can be a distinctive experience compared to those with traditional employment
Exploring the First Home Savings Account for Canadians
The First Home Savings Account is a powerful tool designed to empower Canadians on their path to homeownership. By taking advantage of the tax benefits, flexible contribution limits, and potential government incentives, first-time homebuyers can accelerate their savings and turn their homeownership dreams into a reality.
Understanding Gifted Down Payments
The challenge of accumulating a down payment can be a significant hurdle. Fortunately, there's an option that extends a helping hand: the gifted down payment. In this blog post, we'll explore what a gifted down payment is and how it can be a game-changer for those navigating the path to homeownership.
The Advantages of Porting Your Mortgage
“Mortgage porting" refers to the ability to transfer your existing mortgage to a new property without incurring prepayment penalties. This can be particularly beneficial for homeowners who are selling their current home and purchasing a new one.
Understanding How Debt Impacts Your Home Loan Eligibility
Securing a mortgage is a significant step towards homeownership, and for many Canadians, managing debt plays a crucial role in the mortgage qualification process. In this blog post, we'll delve into how various types of debt can influence your ability to qualify for a mortgage and offer insights on how to navigate these factors successfully.
A Guide to Saving for a Down Payment
Owning a home is a significant milestone, and for many Canadians, saving for a down payment is the first step towards turning that dream into reality. In this blog post, we'll explore practical strategies to help you save for a down payment, making homeownership more achievable and financially sustainable.
Toronto Vacant Property Tax
If you own a second property or vacant property in the city of Toronto, you will now be charged a tax if it remains empty.
The first-time homebuyer essential checklist
Everything you need to know to purchase your first home. From income requirements to closing costs to choosing a realtor and mortgage agent, we’re covering it all!