Category: Mortgage Tips & Advice (10 posts)
How to Help Your Parents Before Their Retirement
December 2, 2024 | Posted by: Sherry Corbitt
While there is a tremendous amount of focus on ourselves when preparing for our retirement, you should also keep your parents in mind. Although finances are a personal aspect of everyone’s life, ... [read more]
Common Appraisal Questions
March 16, 2022 | Posted by: Sherry Corbitt
You may need to get an appraisal done during your mortgage process. This is a condition that the lender will require. If you are in the mortgage process and need an appraisal done, you may have some q ... [read more]
Pre-Qualification vs Pre-Approval
May 6, 2021 | Posted by: Sherry Corbitt
As a buyer, you surely will hear these terms during your mortgage process. Knowing what these two different stages are and understanding what they mean is undoubtedly vital. It is also essential to de ... [read more]
Advantages of Using a Mortgage Broker
April 22, 2021 | Posted by: Sherry Corbitt
When getting a mortgage, many wonder if they should use a broker. In addition, they may question if they can go through the mortgage process as quickly without one. Having a broker, though, to assist ... [read more]
Property Taxes - Should you pay for it or your lender?
February 21, 2020 | Posted by: Sherry Corbitt
Property tax – everyone must pay them (unless you rent, etc.), but who should pay them? You or your lender? Property taxes are typically paid to your municipality on a quarterly, semi-annual, o ... [read more]
Why Do Mortgage Lenders Need To See Separation Agreements?
November 19, 2019 | Posted by: Sherry Corbitt
Divorce can take years. It isn’t something that can be done overnight, and it shouldn’t be either. So many things need to be considered when separating, things you might not even know to t ... [read more]
10 Top Mortgage Myths Debunked
October 21, 2019 | Posted by: Sherry Corbitt
While it is essential to understand the mortgage process, it’s also important to be aware of myths floating around. Unfortunately, dozens of mortgage myths exist, and it’s essential to kno ... [read more]
When Closing a Mortgage, Don’t:
August 27, 2019 | Posted by: Sherry Corbitt
So, we have found a great lender for you that meets your current mortgage goals and lifestyle, the lender is satisfied with all the supporting documents, and we are broker complete. The only thi ... [read more]
RRSP/RESP/Mutual Funds vs. Real Estate
August 20, 2019 | Posted by: Sherry Corbitt
I understand that investing in RRSP/Mutual Funds, TFSA, etc., makes sense for some people. However, you are missing out on a massive opportunity since you aren’t leveraging someone else’s ... [read more]
Questions about Title Insurance
February 6, 2019 | Posted by: Sherry Corbitt
Title insurance is something you will most likely read in your mortgage commitment as a requirement and have to purchase at the lawyer’s office. The average cost of title insurance in Ontario ... [read more]
