Is Your Home an Asset or a Liability?

Your Mortgage Should Be Part Of Your Overall Financial Plan

Your home is the biggest purchase you will ever make. It should also be a financial asset, with your equity growing over time as you pay off your mortgage and the property increases in value. 

However, there can be times when your home becomes a liability:

Setting Up for Success

How Julie & Mark Went From Consumer Proposal to 'A' Mortgage Rates

When we first met Julie and Mark, they were just a few months out of a Consumer Proposal and hoping to buy a home. When it comes to a Consumer Proposal or Bankruptcy, in order to borrow money a lender generally likes you to be at least 1 year past the end of the Proposal with 2 years of re-established credit. There can be some flexibility based on the loan-to-value (LTV) of your mortgage, so our team went to work finding a solution.

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