Blog - Edmonton Mortgage Brokers

A Mortgage Pre-Approval – What is it? And why do you need it?

August 16, 2018 By mt-admin

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Due to all the Government Rule Changes, now more than ever do you require a Mortgage Pre-Approval in place before you go house shopping. With having to qualify for your home purchase at the Qualifying Rate of 5.34% for an insured mortgage, you may not qualify for as much as…

How A Purchase Plus Improvements Mortgage Works

August 2, 2018 By mt-admin

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[caption id="attachment_431" align="aligncenter" width="1024"] Purchase Plus Improvements Mortgage[/caption] If you are looking to buy an older home that needs some extra work done, than a purchase plus improvements mortgage may be the right option for you. As your local Sherwood park mortgage broker, our team at Mortgage Tailors is here…

Has Your Mortgage Application Been Declined?

July 25, 2018July 25, 2018 By mt-admin

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You have spent all this time and effort to complete your mortgage application then you're devastated when it is declined and don’t understand why? Knowing why a mortgage application is declined can certainly help you figure out what needs to be touched up in order to meet both lender and…

Renting vs. Buying in Sherwood Park

July 5, 2018 By mt-admin

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Taking the plunge into homeownership can be a daunting experience when you have always rented a home. You may be wondering if you should even make the change and buy a home or is it more beneficial to continue to rent? Well, as your local Sherwood Park mortgage broker, our…

Helpful Hints On Saving A Down Payment To Purchase A Home

June 19, 2018 By mt-admin

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As an Edmonton Mortgage Broker for over 17 years, I have heard many times over that I am tired of renting but have a hard time-saving money for my down payment. I am basically making a mortgage payment but instead paying it to rent. Saving a down payment can be…

How to Deal with Your Mortgage When Getting a Divorce

June 2, 2018 By mt-admin

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If you are in the middle of getting a divorce, you may be wondering what you have to do with your current mortgage. To help alleviate some stress, your local Sherwood Park and Edmonton mortgage broker has listed a few helpful options on ways to deal with your mortgage when…

Making Sense of Mortgage Rates With All the Government Rule Changes

May 10, 2018 By mt-admin

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Due to the recent Government Rule changes, putting a large down payment on a home in Edmonton doesn't mean you get the best rates anymore. Savers with a larger down payment literally get you a higher interest rate than someone who puts less than 20% down payment. Within the last…

Why You Should Get Pre-Approved for a Mortgage

May 1, 2018 By mt-admin

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Are you shopping the market for a new home but have no idea where to start? Well our team at Mortgage Tailors can help guide you throughout the Sherwood Park mortgage process. If you are a first time homebuyer then you may not know about the perks of getting pre-approved…

Mortgage Up for Renewal? Do you stay or look at switching lenders?

April 23, 2018 By mt-admin

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Years ago, it was very common for someone to get a mortgage with one bank and stay there for the entire length without ever looking at other options, those days are long gone. If you are up for a Mortgage Renewal, you may want to start thinking about what you…

why get pre-approved for mortgage - Sherwood Park mortgage broker

Why You Should Get Pre-Approved for a Mortgage

April 4, 2018April 4, 2018 By mt-admin

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