15 Sep

Mortgage Payment Frequency

General

Posted by: Eileen Craig

Payment Frequency One of the decisions you will need to make before your new mortgage is set up, is what kind of payment frequency you would like to have. For many, sticking to a monthly payment is the default, however, different frequencies may end up saving you less interest over time. Monthly Payments Monthly payments […]

Read More
24 May

Important Mortgage Information for US Investors

General

Posted by: Eileen Craig

Did you know that US investors can get mortgages in Canada with as little as 20% down? With so many US investors taking an interest in Whistler these days, I figured a US mortgage application cheat sheet might come in handy. Here’s the scoop:                 Download the US […]

Read More
24 May

Minimum Down Payment Cheat Sheet

General

Posted by: Eileen Craig

In February 2016 new mortgage rules came into effect the changed the minimum down payments required for mortages based on home values.   The new rules require a minimum of 5% down for the first $500,000 and 10% down on the portion above $500,000 to a maximum of $1,000,000.   Here’s a handy-dandy cheat sheet for […]

Read More