Edmonton Mortgage Broker

Refinancing Your Home to Pay Off Higher-Interest Debt

January 30, 2023

Debt Reduction, Mortgage Refinance, Mortgages

Let me break down the process of refinancing your home to pay off higher-interest debt. The best time to get a mortgage or borrow money is before you actually need it: We’re starting to see the beginnings of a recession emerging with interest rates rising. There’s word of layoffs increasing…

Buying a Home Outside of Canada

Jason Scott

January 23, 2023

Mortgages

Wondering about buying a home outside of Canada? Inevitably, when you’re on winter vacation, you’re like, “Hey, I want to buy a place in Arizona.” “I want to buy a place in Mexico.” “I want to buy a place anywhere other than where there’s six feet of snow.” And so the…

When You Can’t Afford Your Mortgage

Jason Scott

January 16, 2023

Mortgages

Here’s my advice for when you can’t afford your mortgage payment: Let’s say you’ve been in your house for a while and you ran into some financial difficulty, and you’ve missed payments on your mortgage. What are the risks you’re running? Depending on how bad things got, or how bad…

How to Finance an Airbnb Property

Jason Scott

January 9, 2023

Mortgages

It’s not easy to borrow to buy a short term rental! Here’s my advice on how to finance an Airbnb property: A lot of people approach me about buying a condominium or another property to do short-term rentals (aka Airbnb, VRBO, etc.). Lenders do not like short-term rentals and there…

Should I Refinance My Mortgage to Pay Off Debt?

Jason Scott

January 2, 2023

Debt Reduction, Mortgage Refinance

If you have a lot of holiday bills, you might be wondering, “Should I refinance my mortgage to pay off debt?” Here’s my advice: Welcome to 2023, and happy New Year’s! Hopefully you had a great holiday season. Hopefully you didn’t overspend, but just in case you did and those…

Time to Renew Your Mortgage? Renewing Your Mortgage In Canada

Jason Scott

December 19, 2022

Mortgage Renewal, Mortgages

If it’s time to renew your mortgage, you might be in for a shock. Today I’ll talk about renewing your mortgage in Canada. To get the best deal, you need to plan ahead: If you’ve bought a house in the last four and a half years, your interest rate at…

What Are Market Rent Letters?

Jason Scott

December 12, 2022

Mortgages

If you want to buy a new house but you want to rent out your old house, you should know what market rent letters are, and how they can help you qualify for your next property. I’ll explain all the details: Let’s say you don’t want to sell because you…

What are trigger rates? Jason Scott, Edmonton Mortgage Broker, explains

What Are Trigger Rates? Do You Have One and Do You Know What It Is?

Jason Scott

December 5, 2022

Mortgage Refinance, Mortgages

What are trigger rates? Do you have a trigger rate? Well, a trigger rate is for people who have variable rate mortgages. So a little bit of background: there are two types of floating rate mortgages. There are adjustable rate mortgages, where your payment changes either up or down depending…

Why You Should Buy a Home at Christmas or New Year’s

Jason Scott

November 28, 2022

Mortgages, Purchasing a new home

In my opinion, the best time to go shopping for a house is right around the Christmas holidays! If you’re really aggressive, go out on Christmas Eve or make an offer on Boxing Day or something. Now, your realtor might not like you, but in this video I’ll explain why…

Using Rental Income to Qualify for a Mortgage

Jason Scott

November 21, 2022

Mortgages

Planning to rent out a basement suite in your home? Can you use that rental income to qualify for a mortgage? Let me explain how that process works! Today I want to talk about using rental income to help you qualify for a mortgage. So, a lot of people want…

News

Refinancing Your Home to Pay Off Higher-Interest Debt

Buying a Home Outside of Canada

When You Can’t Afford Your Mortgage

How to Finance an Airbnb Property

Should I Refinance My Mortgage to Pay Off Debt?

Time to Renew Your Mortgage? Renewing Your Mortgage In Canada

What Are Market Rent Letters?

What Are Trigger Rates? Do You Have One and Do You Know What It Is?

Why You Should Buy a Home at Christmas or New Year’s

Using Rental Income to Qualify for a Mortgage

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