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:
The Non-Bank Lender Landscape: Why Monolines Are the Banks’ Worst Nightmare
The Big 5 banks dominate the ads, but monoline lenders like MCAP and First National dominate the broker world. With fairer penalties, faster service, and competitive rates, here’s why they’re often the smarter mortgage choice.
How Do Mortgage Brokers Get Paid?
Mortgage brokers are usually free for clients, but lenders pay us for sending them qualified deals. Here’s how broker commissions work, when fees apply, and why banks actually prefer paying brokers over finding clients on their own.
Can You Use Crypto to Buy a Home in Canada?
Crypto is becoming mainstream in Canada, but lenders are still cautious. Here’s how to turn your digital assets into a mortgage down payment, what new OSFI rules mean, and the safest ways to use crypto in home buying.
Can a Mortgage Company Refuse Your Renewal? Yes, Here’s When and Why
Most homeowners think mortgage renewal is automatic. It’s not. Here’s when lenders can say no, the two tactics they use, and how to protect yourself.
Can I Move My Mortgage to a New Home? How Porting Works in Canada
Porting lets you move your mortgage to a new home and avoid penalties - but it comes with rules. Discover the 3 types of ports, lender requirements, and when porting makes sense.
Can You Overpay Your Mortgage? How It Works, Max Limits, and How It Speeds Up Your Payoff
Overpaying your mortgage can save you years and thousands in interest - if you know your lender’s rules. Here’s how to find your limits and use them to your advantage to become mortgage free, faster.
Wondering how the Canadian mortgage pre-approval process works? Here is a behind-the-scenes look at how lenders review your income, debts, credit and down payment before you start shopping for a home.