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In June CMHC announced big changes to the way they underwrite mortgage applications which include three significant changes which will be outlined below. Increase in Minimum Credit Score The increase…
Author: Sunny Vig
Why should you work with an Edmonton Mortgage Broker?
Becoming a homeowner can be an exciting time but the process can take long and arduous. Securing a mortgage is an important first step in the home buying process but…
Types of Mortgages in Canada
There are many mortgage options to choose from and it is important to pick the one that works best for you. The different types of mortgages have features that meet…
2020 CMHC Canadian Mortgage Qualification Changes Explained
Effective July 1st, 2020, there will be some changes coming to the qualification criteria for insured mortgages and it will be harder to qualify for a mortgage again. On June…
Is it a Good Time to Buy A Home? – Buying A Home During COVID 19
A Q&A with Jim Dhillon and Sunny Vig of questions they have been receiving about buying and selling homes during COVID-19 Is it a good time to buy right now?…
Refinancing Your Mortgage
Why do people refinance? When you refinance your mortgage, you are paying off your existing mortgage and replacing it with a new mortgage. There are a variety of reasons why…
Award Top 50 – The Mortgage Force Team Edmonton
Award Platinum 2019 – The Mortgage Force Team Edmonton
Consumer Choice Award 2018 – The Mortage Force Team Edmonton
What to Consider Before Buying a Vacation Home
What to Consider Before Buying a Vacation Home Are you excited about buying a vacation home for you and your family to enjoy? Having a vacation property is a great…