Published by DLC Marketing team. Financial wellness is fast becoming the latest buzzword as soaring inflation and interest rates pile the pressure on Canadians. There is a strong connection between mental health and financial health, and financial stress is taking a heavy toll. So, what exactly does it mean to be “financially well”? Financial wellness […]

Published by DLC Marketing Team. Your mortgage amortization period is the number of years it will take you to pay off your mortgage. Depending on your choice of amortization period, it will affect how quickly you become mortgage-free as well as how much interest you pay over the lifetime of your mortgage (longer lifetime equals […]

When navigating the mortgage market, it’s essential you take the time to find the right professional to assist you. Here are some key strategies to help you identify a reliable and trustworthy mortgage broker: Conduct Thorough Research: Take the time to research different mortgage brokers in your area. Look for their credentials, experience, and any […]

Introduction: In the Canadian mortgage market, borrowers have various options to choose from, including variable mortgages. A variable mortgage, also known as a variable rate mortgage (VRM), offers flexibility and the potential for cost savings. In this blog post, we’ll explore the different types of variable mortgages available in Canada, giving you a better understanding […]

Published by DLC Marketing team. When it comes to getting a mortgage, there are a few things you can do in advance to make the mortgage process easier! getting pre-qualified The purpose of mortgage pre-qualification is to help you get a general idea of what you can afford when shopping for your new home. Pre-qualification […]

The first-time homebuyer incentive program is a shared-equity mortgage with the Canadian government that helps qualified first-time buyers reduce their monthly mortgage payments to better afford a home! The Incentive: This program allows you to obtain an incentive from the government to assist with your down payment, thereby lowering your overall mortgage amount and, in turn, […]

Published by DLC Marketing team. Approximately 20% of Canadians are self-employed, making this an important segment in the mortgage and financing space. When it comes to self-employed individuals seeking a mortgage, there are some key things to note as this process can differ from the standard mortgage. Qualifying for a Mortgage In order to obtain […]

Published by DLC marketing team. When it comes to mortgages, it can be easy to get overwhelmed by the sheer number of options! Fortunately, we are here to help! Below are some of the mortgage details that you should understand to ensure that you are getting the best mortgage for YOU: Interest Rate Type Interest […]

Published by DLC Marketing team. When it comes to mortgages, insurance is necessary to protect the lender on these types of loans, which deal in large sums of money. There are three different tiers relating to insurance, which all have different minimum down payment amounts and varying premium insurance fees. Insured mortgages typically have a less than […]

Published by Home Equity Bank. You work a lifetime building your nest egg, so the thought of losing financial control can be difficult at any point in life. However, having a trusted document like a power of attorney (POA) can bring you and your loved ones peace of mind. Contrary to what some believe, the […]