by Amy Coburn | Aug 8, 2017 | First Time Home Buyers, Mortgage Basics
In the process of getting a mortgage, or any secured loan, you may be asked to get a Co-Signor or Guarantor. They sound like the same thing but they have 1 very distinct difference. A Co-signor, also known as a Co-borrower, are also considered to be a co-owner. ... by Amy Coburn | May 8, 2017 | Buying and Selling, First Time Home Buyers, Mortgage Basics
So you have purchased a property or are refinancing a property you already own, now what? First you need to supply your mortgage broker with all the supporting documents that they have requested. Then the chosen lender will send a legal document, called... by Amy Coburn | Mar 17, 2017 | Buying and Selling, First Time Home Buyers, Mortgage Basics
So you finished school and found a great job. Now you want to buy your first home BUT you haven’t been able to save enough for the down payment. We understand that sometimes saving the down payment for a new home can be challenging. The Flex Down Mortgage program... by Amy Coburn | Jan 9, 2017 | Budget, Buying and Selling, First Time Home Buyers, Mortgage Basics
Happy New Year Everyone! January brings upon the arrival for those dreaded credit card bills that many people rack up over the holiday season. We live in a society that tends to over spend at Christmas, which is easy to do when we use credit and debit cards. So... by Amy Coburn | Aug 5, 2016 | First Time Home Buyers, Mortgage Basics
You may have heard mention of a collateral charge mortgage or this may be the first time you have heard the term. One method of securing a mortgage or loan against your property is a collateral charge. It has become standard practice at some of the big banks. It is... by Amy Coburn | Jul 22, 2016 | First Time Home Buyers, Mortgage Basics
We see it time and time again, first time home buyers, (even second and third time) caught off-guard by the costs of buying a home. Here is a list of some of the big and little expenses that you need to plan for when house hunting. Land Transfer Tax – When a property... 