How a Lender Approves You
August 23, 2006
Credit History
Your record of payment on previous and current obligations. Lenders may enquire about your record at the appropriate Credit Bureau. Read more
Mortgage Insurance
August 23, 2006
"Mortgage insurance" is one of the most ambiguous and least understood terms in the industry. This is because it can take on any of the following radically different meanings in different situations: Read more
Selecting a Home
August 23, 2006
Selecting a Home Type
Often the selection of a first home is a chance event…
friends are selling their condo and will give you a great deal if you buy from them privately. Read more
Using Your RRSP
August 23, 2006
In February of 1992, the Canadian Federal Government introduced the "Home Buyers’ Plan" (HBP), which allows RRSP planholders who are also first time home buyers to use up to $20,000 of their RRSP to apply to the purchase of their home. Read more