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Tag: mortgage stress test

How Do Mortgage Lenders Calculate Affordability in BC?

How Do Mortgage Lenders Calculate Affordability in BC?

From big banks to B lenders, everyone calculates affordability slightly differently. Review the main differences and learn which lender type might be best for your financial situation.

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Should I Pay Off My Mortgage with a Home Equity Line of Credit (HELOC)?

Should I Pay Off My Mortgage with a Home Equity Line of Credit (HELOC)?

When does paying down your mortgage with a HELOC make sense? What financial situations does this strategy work best for?

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How Long Does a Home Loan Pre-Approval Take in British Columbia?

How Long Does a Home Loan Pre-Approval Take in British Columbia?

From gathering documents to waiting for a credit check, here’s how long getting pre-approved for a mortgage takes and why it’s such a great idea to get pre-approved.

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Big News for First-Time Home Buyers: 2025 Updates to GST Relief Program

Big News for First-Time Home Buyers: 2025 Updates to GST Relief Program

First-time home buyers can now save the GST on new homes up to $1.5 million! Here’s who qualifies and how much you could save.

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