16 Feb

Power Up Your Finances.

General

Posted by: Tyler Cowle

Let’s face it, mere mention of the word “money” can make people shift in discomfort. In an era in which the veils are being lifted off many societal taboos, a shroud of shame hangs stubbornly over money talk – we’re taught to fear it, we’re taught it’s too complicated, and those are all messages meant […]

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14 Feb

Mortgage Monday – GDS – Gross Debt Service Ratio

Credit Score

Posted by: Tyler Cowle

This weeks industry term which is used all the time, is GDS or the Gross Debt Service Ratio.  What is it and what does it mean for your mortgage? The Gross Debt Service Ratio is another fairly simple calculation and reflects your base shelter costs (or potential base shelter costs).  This is one of the […]

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7 Feb

Mortgage Monday – L.T.V. – Loan-To-Value

Mortgage Monday

Posted by: Tyler Cowle

One of the industry terms we use is LTV or Loan-to-Value.  What is it and what does it mean for your mortgage? The Loan-to-Value is basically a number from a simple calculation; which reflects the amount of risk that a lender is willing to take on when considering offering a mortgage to a borrower and […]

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4 Feb

10 Ways to Lower Your Heating Bill!

Homeowner Tips

Posted by: Tyler Cowle

Heating bills are substantial – and can be a surprise for new homeowners who haven’t paid for utilities before.  There’s no getting around this expense, but there are ways to reduce it.  Here are just 10 ways you can lower your heating bill! 1) Improve Your Insulation You can hire a professional to blow cellulose […]

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3 Feb

Understanding Insurance!

General

Posted by: Tyler Cowle

Not all insurance products are created equal. One of the most common mistakes homeowners and potential homeowners make is that they hear the word “insurance” and just assume they have it! Well, you might have one kind of insurance, but you might be missing coverage elsewhere. It is important to understand all the different insurance […]

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1 Feb

Staying Out of the Penalty Box!

Refinance

Posted by: Tyler Cowle

When it comes to mortgages, it is easy to focus on the rates and your current situation, but the reality is that life happens and when it does, rates won’t be the only thing that matters. First and foremost, the most important thing to remember is that a mortgage is a contract. That means that […]

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25 Jan

Renting Vs. Buying: What You Need to Know!.

General

Posted by: Tyler Cowle

When it comes to the Canadian housing market, there are lots of options for where to live! From renting an apartment to owning a single-family home, it all comes down to where you see yourself living and what you can afford! The beauty is, there is no right or wrong answer when it comes to […]

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24 Jan

Improving Your Financial Direction!

Mortgage Tips

Posted by: Tyler Cowle

Make 2022 the year of finance by improving your financial direction from the start! Even if you are living paycheck-to-paycheck, a few changes to the way you spend and look at money can make all the difference. It’s never too late to start again and reverse course! Here are a few simple ideas to get you started: […]

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19 Jan

First-Time Home Buyer.

First Time Homebuyer

Posted by: Tyler Cowle

Being on the path to purchasing your first home is one of the most exciting and most rewarding moments in life! While people don’t always dream of the perfect mortgage, we do grow up thinking of a white picket fence and our dream home. Even if you imagined your dream home as a 6-bedroom mansion, […]

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14 Jan

Get Your Home Equity Working for You with a Reverse Mortgage.

Mortgage Tips

Posted by: Tyler Cowle

The notion that we should be mortgage-free is a focus many of us strive to achieve the moment we realize the dream of homeownership. But, the fact is, many outstanding expenses and debts could be powered down faster – and more economically – by tapping into your home equity with a CHIP Reverse Mortgage. There’s […]

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