Thinking about buying a home? Let us help you navigate the home buying process. Whether you are as a first time or experienced home buyer in the Edmonton real estate market. Please explore our resources.
There are many strategies and options available to get a downpayment and it does not need to be daunting. We list all the ways that you can get a downpayment so that you can choose the one that works best for you.
Have you heard of CMHC or Genworth? Those companies offer you mortgage insurance. If you plan to buy a home with less than a 20% downpayment, mortgage insurance is required by banks to buy a home. Watch this video to find out what they offer and how they can protect you.
In 2018 new mortgage rules, also known as a Stress Test, were introduced in order to ensure that home buyers are not exceeding their spending limitations and can continue to afford their mortgage even if rates increase. Watch this video to find the changes and how the new rules may apply to you.
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