August 2018

Found 2 blog entries for August 2018.

Do You Need to Pay LMI?Some potential home buyers may only be concerned about how much their mortgage payments will be, without realizing some of the additional fees and payments that may be serve to inflate their monthly payments. Those who are looking to be approved for a home mortgage loan should be aware of LMI, and how a fraction of the monthly payment made include this recurring expense.

Understand more about LMI and where your monthly payments will go today.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

What is LMI?

Lenders mortgage insurance, or LMI, is a type of insurance required from Canadian lenders when taking out a home mortgage loan. Any payments made go

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How to Purchase a New Construction HomeNew construction homes are the ultimate blank slates for homeowners and their families, but they're also a brave new world for buyers who are used to traditional home sales. Not only are the expectations different when it comes to a new home sale but the negotiation strategy will need to be adjusted as well. Learn more about the timelines, contracts, and research a home buyer has to do to avoid making mistakes.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

Schedules and Delays

Even in an age of communication, it's not always easy to coordinate schedules or meet deadlines. A newly constructed home has multiple players involved that could delay the

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