Mortgage Blog

How much money can I take out of my Equity?

January 14, 2020 | Posted by: Gian Manalastas

How much money can I borrow out of my Equity? Explaining loan to value (LTV) and how it affects your ability to take equity out. LTV also known as Loan to Value is simply the balance owing ...

Refinance or Second Mortgage?

January 6, 2020 | Posted by: Gian Manalastas

Should I refinance or take out a second mortgage? This is one of the most frequently asked questions whenever someone wants to take equity out for any reason. The answer to that ques ...

Top 5 Reasons a Mortgage is Denied After Pre-Approval!

November 1, 2019 | Posted by: Gian Manalastas

Top 5 Reasons A Mortgage Is Denied After Pre-Approval One of the most important steps to successfully purchase a home is to get pre-approved for a mortgage before shopping for homes. The prima ...

Things you need before applying for a Mortgage

October 25, 2018 | Posted by: Gian Manalastas

When you're applying for a mortgage, you typically need to forward quite a bit of documents. Here are some of the things you'll want to have ready before applying for a mortgage. - 2 Most recent pa ...

How a higher interest rate mortgage can improve your finances!

October 22, 2018 | Posted by: Gian Manalastas

I've come accross many clients with different types of financial situation. What I've learned is that so many people are so focused on interest rates! 'Oh, that rate is too high, I'm paying a lower ...

Making a FIRM offer? Don't until you read this!

December 11, 2017 | Posted by: Gian Manalastas

So you've been pre-approved for a mortgage and now you're ready to make a purchase for your first home. Before you do so, you need to make sure that you can support everything you stated on your appli ...

Monthly Resale Housing Market Figures

February 7, 2017 | Posted by: Gian Manalastas

GTA REALTORS® RELEASE MONTHLY RESALE HOUSING MARKET FIGURES TORONTO, February 3, 2017 -- Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS&re ...

Will you have additional costs when purchasing a home?

February 7, 2017 | Posted by: Gian Manalastas

While your downpayment and mortgage will cover the price of your home, it's always good to consider other expenses involved in buying a home. Last thing that we need are extra expenses that we a ...

Failed the Stress Test? What Now?!

November 10, 2016 | Posted by: Gian Manalastas

Failed the Stress Test! What Now? So you purchased a pre-construction home/condo and you qualified for the mortgage based on the old rules when you made the purchase. However, you house will not be r ...

First Time Home Buyer? Things you need to know!