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:
Can You Get a Mortgage on a Short-Term Rental?
Canadian lenders usually avoid Airbnb and VRBO properties. But one program now offers up to 75% financing for short-term rentals. Here’s what makes it possible - and how to qualify.
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.
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.
What Does Getting a Mortgage After Separation Look Like?
Getting a mortgage after separation looks different - but it’s possible and shouldn’t be daunting. From separation agreements or statutory declarations, to refinancing for a buyout and accessing 30-year amortizations, here’s how lenders approach it in Canada.
Builders Paying Your Bills? What London Ontario’s Smart Start Program Really Says About the Market
Foxwood Homes in London, Ontario is offering to cover up to $12,500 of property taxes and utilities for new buyers. Sounds like a deal - but it’s actually evidence of a slowing & hesitant housing market. Here’s what you need to know.
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.