Call Allison Kehler-Tolley

403.892.5368

Call Allison Kehler-Tolley

403.892.5368

Blog

Fixed vs Variable Mortgage: Which One Is Right for You?

Quick Answer A fixed mortgage keeps your interest rate the same for the length of your mortgage term, which gives you predictable payments. A variable mortgage has an interest rate that can change as market rates move. It may offer savings when rates fall, but it also...

Can I Get a Mortgage If I’m Self-Employed in Canada?

Yes, self-employed Canadians can qualify for a mortgage. The process can require more documentation than it does for a salaried employee because lenders need to confirm that your income is stable and sufficient to support the mortgage. Being self-employed does not...

Can I Buy a Home With 5% Down in Canada?

Yes, many qualified buyers in Canada can purchase a home with as little as 5% down. However, the minimum down payment depends on the purchase price, and having the minimum amount saved does not automatically mean you will qualify for the mortgage. Your income, debts,...
Why Talk to a Mortgage Broker Before Renewal?

Why Talk to a Mortgage Broker Before Renewal?

Renewing with your existing lender may feel easiest, but it often means accepting a standard rate and terms you could improve on. A mortgage broker—your advocate in the lending market—opens doors to...

Man holding a credit report showing an excellent score of 811, with visible metrics related to credit utilization and history, emphasizing financial management and mortgage advice.

Tips to Improve Your Credit Score

One of the important factors in home ownership is understanding things like your credit score. Some people don’t pay much attention to this metric until they begin the mortgage discussion! However,...

Money bag with dollar sign balanced against a model house, symbolizing financial decisions related to credit and mortgage qualification.

Is it time to refinance?

Despite the Bank of Canada taking steps to reduce interest rates, many Canadians still feel pressure due to the overall cost of living and inflation. This uncertainty can be unnerving for many...