News

First Mortgage vs Second Mortgage, Jason Scott, Edmonton Mortgage Broker

First Mortgage vs Second Mortgage Explained

March 11, 2024

What’s a “second mortgage”? Let me explain a first mortgage vs a second mortgage! First mortgage vs second mortgages—what does that mean? These terms refer to the order in which the loan or the mortgage is registered on the title of the property. For example, if you buy a house…

What Lenders Want to See After a Consumer Proposal

Jason Scott

March 4, 2024

Debt Reduction, Mortgages

Here’s what lenders want to see after you’ve been in a consumer proposal. Recently I’ve had a couple of different folks who wanted to get mortgages and get pre-approved, but they’ve had consumer proposals. Some had them recently discharged or they were still in the consumer proposal. Most traditional lenders…

Tax Time: Use a Second Mortgage to Pay Off the CRA

Jason Scott

February 26, 2024

Debt Reduction, Mortgages

It’s close to tax time and hopefully you don’t have a bill from the CRA. But in case you do, here’s how you pay off the CRA using a second mortgage! There are two certainties in life death and taxes I’m not sure which of those two are scarier—maybe taxes!…

Benefits of Buying a Home With a Basement Suite

Jason Scott

February 19, 2024

Mortgages, Purchasing a new home

What’s the benefits of buying a home with a basement suite? There’s a few benefits for your mortgage! If you’re looking at buying a new house from a builder, one of the things that you might want to consider is putting in a legal basement suite. This will allow you…

Spring Home Buying Market in Edmonton

Jason Scott

February 12, 2024

Mortgages, Purchasing a new home

What does the spring home-buying market look like? Very competitive! The deep freeze is over and the spring housing market is already heating up! What I’m seeing is my clients running into is multiple offers on homes. And I’m talking everything from your regular single-family home to mobile homes that…

Why You Need to Get a Second Opinion on Your Mortgage

Jason Scott

February 5, 2024

Debt Reduction, Mortgage Renewal, Mortgages

It’s important to shop around and get a second opinion on your mortgage! Let’s say you get bad news from your doctor. You’re probably going to want to talk to another doctor to get a second opinion. Well, the same thing applies to your mortgage. Say your mortgage is coming…

How to Get a Mortgage for a Duplex

Jason Scott

January 29, 2024

Debt Reduction, Mortgage Renewal, Mortgages

Want to buy a duplex and live in one side? Here’s how to get a mortgage for a duplex. Today, let’s talk about duplexes. I occasionally get people who call me, and they want to buy both sides of a duplex—one side to live in and one side to rent…

How to Finance Buying an Infill Home

Jason Scott

January 22, 2024

Mortgages

Thinking about buying an infill lot and building your own home? How do you finance this? Well, a mortgage broker can help! Let’s talk a little bit about infill developments. You know, in older neighbourhoods, a lot of the housing stock is getting old and outdated, and people who don’t…

Scared of Your Mortgage Renewal?

Jason Scott

January 15, 2024

Debt Reduction, Mortgage Renewal, Mortgages

Are you scared of your mortgage renewal and afraid you’ll get a payment shock? Here are some tips to navigate that. Let’s talk about mortgage renewals. Something like 60% of all mortgages in Canada are coming up for renewal in the next three years. If that’s you, odds are your…

New Year’s Resolution: Make a Budget

Jason Scott

January 8, 2024

Mortgages, Purchasing a new home

Here’s why your New Year’s resolution should be to make a budget. Here we are, at the start of a new year, and it’s time for our New Year’s resolutions. Yep, we’re all going to the gym, we’re all going to lose weight, and maybe we’ll make a budget this…

News

First Mortgage vs Second Mortgage Explained

What Lenders Want to See After a Consumer Proposal

Tax Time: Use a Second Mortgage to Pay Off the CRA

Benefits of Buying a Home With a Basement Suite

Spring Home Buying Market in Edmonton

Why You Need to Get a Second Opinion on Your Mortgage

How to Get a Mortgage for a Duplex

How to Finance Buying an Infill Home

Scared of Your Mortgage Renewal?

New Year’s Resolution: Make a Budget

Categories

Recent Posts

Contact Info

Get Social