Mortgage Tips & Real Advice for Canadian Homebuyers
Everything Canadian homebuyers, investors, and refinancers need to know - straight from a licensed broker.
Recent Blog Posts by Jeff Dinsmore, Mortgage Broker:
Read more blog posts below:
Medical Professional Mortgage Programs in Canada
New doctors, dentists and veterinarians can qualify for a mortgage in Canada using projected income before their full earnings show on paper. Here’s how medical professional mortgage programs work - and why many residents overpay in their first few years.
Best Rate vs. Best Mortgage
In 2021, the Cincinnati Bengals chose flash over protection. Canadians make the same mistake when they chase the lowest mortgage rate without thinking about structure.
How to Calculate an (approximate) mortgage payment in Canada
Confused about mortgage payments in Canada? This guide shows you a simple way to estimate your monthly payment, explains how rate and amortization work, and when to use a calculator to get the exact number.
What is a Home Equity Line of Credit (HELOC)?
A HELOC is like giving yourself a giant credit card backed by your home. Flexible, lower cost, and powerful - but only if you use it wisely. Here’s how HELOCs work in Canada and when they make sense.
What is a Mortgage Refinance?
A refinance replaces your current mortgage with a brand new one — often to lower your rate, access equity, or consolidate debt. Here’s how refinancing works in Canada, what it costs, and when it makes sense.
What is a Reverse Mortgage?
Reverse mortgages are marketed as “tax-free cash with no monthly payments” but what does that actually mean? Here’s how they work, who they’re for, and what you need to watch out for.
New doctors, dentists and veterinarians can qualify for a mortgage in Canada using projected income before their full earnings show on paper. Here’s how medical professional mortgage programs work - and why many residents overpay in their first few years.