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What is the Home Buyers Plan RRSP Withdrawal? Stepping into the Edmonton real estate market is an exciting milestone. For many, the RRSP Home Buyers Plan is the key to unlocking their dream home. But what exactly is the Home Buyers Plan RRSP withdrawal? Simply put, it is a federal program that…

What is a Convertible Mortgage? When navigating the Edmonton real estate market, flexibility is your greatest asset. A convertible mortgage offers exactly that, allowing homeowners to lock in a rate or switch their mortgage structure without facing hefty penalties. If you are exploring a convertible mortgage in Canada, you are looking at a…

What is a Closed Mortgage and Why Choose One? When navigating the Edmonton real estate market, choosing the right financing structure is crucial. A closed mortgage, also known as a closed-term mortgage, is one of the most popular choices for homebuyers in Alberta. But what exactly does it mean? A closed…

Edmonton has always rewarded borrowers who plan their mortgage the way they plan their move. In 2026, with slower sales volume, a still-real stress test, and lenders quietly tightening files behind the scenes, that planning matters more than the rate on a billboard. I am Jason Scott, an Edmonton mortgage broker…

Understanding the Prime-Linked Mortgage Advantage When exploring financing options for your Edmonton home, understanding a variable rate mortgage in Canada is essential. Also known as a prime-linked mortgage or simply a variable mortgage, this type of loan offers an interest rate that fluctuates with the Bank of Canada’s prime lending rate. As…

Understanding Portfolio Mortgages and Custom Underwriting When traditional lending criteria do not fit your unique financial situation, a portfolio in-house underwritten mortgage can be the ideal solution. Also known as a portfolio loan, this type of financing is kept on the lender’s balance sheet rather than being sold to secondary market investors.…

Understanding the Reverse Mortgage Canada Program If you are a homeowner in Edmonton, AB aged 55 or older, you might be looking for ways to supplement your retirement income. A reverse mortgage, sometimes referred to as a reverse loan, allows you to convert a portion of your home equity into tax-free cash without…