16 Jan, 2023 couple reading about canada’s ban on foreign home buyers

As of 1 January 2023, Canada bans foreign home buyers, a move aimed at curbing unproductive foreign ownership and bringing down housing prices across the nation.

The foreign buyer prohibition, which is supposed to expire in 2025, has been met with mixed reactions from people across the country as some favour the move, and of course, others oppose it. This is just one of several housing policies adopted by the government, including a 10-year national housing strategy and new investments for low-income Canadians.

2 Jan, 2023 can I buy a house in canada as a non resident

Of all the countries in the world, Canada has one of the best reputations. Known as a friendly country that’s inviting and open, inhabited by people who are welcoming and respectful of others’ cultures, here those keen can enjoy and connect with others. As I often get asked if it’s possible to buy a house in Canada as a non-resident, this blog is aimed to answer all your questions around this topic.

1 Jan, 2023 getting a non resident mortgage in canada

Despite high real estate prices, ineffective regulation, and a lack of unbiased info, Canada continues to attract a large volume of real estate deals even following the Covid-19 pandemic. But with so many buyers investing in a wide range of residential, commercial and industrial properties, can Canadian non-residents get a piece of the pie too? In today’s blog we’ll discuss what mortgage options non-resident buyers have in BC’s current housing market.

23 Dec, 2022 couple going through mortgage arrears

If you are a homeowner in British Columbia, Canada, and are experiencing mortgage arrears, you may be wondering about your options. Mortgage arrears refers to an unpaid debt on a loan that has been secured by a property. In the case of mortgages, this means that if you cannot make the payments on your home loan, the lender can foreclosure and apply for an order for sale.

7 Dec, 2022 couple dealing with a mortgage after separation in canada

If you’re going through a separation or divorce, you may be wondering what will happen to your mortgage. In BC, Canada, there are a few different options for how to handle your mortgage after separation. We understand that this is a difficult time for you, and we are here to help you through it. Continue reading to learn more about your options.

23 Sep, 2022 woman discussing why use a mortgage broker

There are many big decisions to be made in life, and applying for a mortgage loan is certainly one of them. Why use a mortgage broker? Because regardless of age and professional background, getting a mortgage can be daunting. There’s a considerable amount of paperwork involved and quite a bit of stress if you don’t have the best mortgage offers readily available to you.

2 Aug, 2022 couple working with mortgage brokers in bc

If you are in the British Columbia market for a mortgage, you might come across a term that you might not understand very well — “mortgage broker.”

If you’re not sure what a mortgage broker does, you’re not alone. Many people aren’t exactly sure what a mortgage broker does, either. After all, you might think that you only need a lender to give you a mortgage. Right? Well, it’s a little more complicated than that. A mortgage broker can actually help you find a lender and get you the best mortgage rates. They can also guide you through the process of applying for a mortgage.

In this post, we’ll look at what mortgage brokers in BC do, what they offer, and how they can help you get the mortgage you want.

29 Jun, 2022 presale mortgage condos

A presale mortgage allows you to purchase a home in the construction phase. You’ll likely have to put down a significant amount of money as a down payment, and the terms of the mortgage will likely be higher than what you’d receive if you got the loan after closing. The benefit of this type of mortgage is that it allows you to purchase a home sooner and at a better price than you would have been able to if you didn’t have this type of loan.