Closing Costs: A Complete Breakdown with Costs

Closing Costs: A Complete Breakdown with Costs

Closing costs are, put simply the fees and payments a buyer must pay to complete a real estate transaction. It is important to know about these costs since most mortgage lenders will ask that you show proof of the funds. In addition to the downpayment, home buyers are suggested to budget for up-front closing costs of between 1.5% and 2% of the purchase price. 

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The MOST Important Cost No One Knows About

The MOST Important Cost No One Knows About

When purchasing a home for the first time on top of all of the excitement of sorting out down payments, house hunting and all of the other considerations there is one VERY important cost to consider along with your mortgage. Read on to find out what that is! 

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Know Your Mortgage: Collateral Vs. Standard Charge Mortgages

Know Your Mortgage: Collateral Vs. Standard Charge Mortgages

More lenders are moving to collateral charge mortgages so it’s becoming increasingly important to understand the differences between a collateral and standard charge mortgage. Which is better for you? They both have advantages and disadvantages so it all depends on your preferences and future needs. It’s important to understand those differences so you can make sure you get the mortgage that best fits your long-term goals.  

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Infographic - Why you should use a #Mortgagepug (Mortgage Broker)

Infographic - Why you should use a #Mortgagepug (Mortgage Broker)

Here's a handy little infographic breaking down why the #mortgagepug (or broker) beats the bank! So what will it be? Bank or broker? Here’s a little comparison that we hope will encourage you to shop around Vancouver.

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Mortgages 101: Your Top Questions Answered

Mortgages 101: Your Top Questions Answered

Mortgages 101: Your Top Questions Answered is a introduction to understanding mortgage terms such as fixed or variable, types of payments, what ammortization is and answers the big burning question....What IS a mortgage really??

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