Blog

  • The age-old question “Is it a good time to buy a home?”

    In my time as a mortgage broker, there have been many instances when I have been asked “Is it a good time to buy a home?”  If you were to hear the words of many Realtors, you would hear the words “Its a great time to buy a home”.  This may sound self serving, and…

  • Vancouver mortgage broker with “lower” fees

    I have had a in interesting case with a returning client who came to me recently for help with his mortgage.  As a mortgage broker in Vancouver, it is necessary to be creative in making solutions work for my clients, which currently can often involve secondary or private lending solutions.  This was a case where…

  • First Time Home Buyers Mortgage Broker Tips And Tricks

    Among the services I provide to my clients, I consider myself to be a “first-time home buyer mortgage broker“.  As a first time home buyer mortgage broker, I know how difficult it is to get into the real estate market, particularly in Vancouver, and it brings me a particular amount of job to help someone get…

  • Good news regarding OSFI rule changes

    This is just a quick note to let viewers know that IF you are one of the people with 20% or more down-payment and are in a position that the new OSFI rule changes affect your pre-qualification, that I can extend the current guidelines into the new year by up to 120 days provided that…

  • OSFI B20 mortgage guideline changes 2017 – Part 2

    This is a continuation of the article published here about the OSFI B20 morgage guidline changes for 2017. If you are familiar with mortgage brokers at all (which you probably aren’t) you would know that we also have alternative sources of lending for situations where a mortgage borrower will not qualify with a prime institution. …

  • OSFI B20 mortgage guideline changes 2017 – Part 1

    B20?  Is that some kind of vitamin? It certainly sounds like a vitamin, but unfortunately, it is something else altogether.  The Office of the Superintendent of Financial Institutions is the regulator for all federal mortgage lending institutions.  They set the regulations for mortgage companies like banks to follow (or ignore). The latest updates to the…