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Buying your first home can be confusing. When we talk about qualifying for your mortgage, we mean looking at the ratio of your debt vs. your income and seeing whether you will realistically be able to make mortgage payments.

When the real estate market is hot, there is a lot of pressure to make quick decisions. If you're worried about missing out in a bidding war or are motivated to move, it can be tempting to go in subject-free so that your offer stands out. But what if your dream home turns out to be a nightmare? Without conditions, you might be stuck with very few options to end the contract.

As BC moves into Phase 2 of the province's COVID-19 restart plan, the Auxilium Team is here to assist with solutions that work during these difficult times. The reality is that borrowing funds through your mortgage remains one of the lowest-cost options available to homeowners.

You know the good news: if you've found your "almost" dream home, there's a financing solution to make it just right for you. But what does almost cover? Let's take a look at what renovations are eligible for a purchase plus improvements mortgage.

Your home renovation is the key to your dream home. Unfortunately, the road to that dream has a construction zone, and you'll need to find a way through it. Living through a renovation can be relatively easy if you have the option to live away from your home for an extended period of time, but that's not possible for most people. If you're going to be living in the middle of your reno, here are our top 5 tips for survival:

Your mortgage term is nearing its end and you've received a renewal offer from your existing mortgage provider. Do you simply sign that mortgage renewal and carry on? You certainly can; however, we suggest you get a second opinion to ensure that what you're being offered is a great option and, more important, a solution that fits your future needs and goals.

Mary, an 85-year-old widow, had fully paid for her townhouse but only received a limited monthly income unless she took in students each year. She wanted to travel and quit renting her property, so she came to see us. Auxilium secured a reverse mortgage for Mary. She now has $250,000 in cash that supplements her retirement income and gives her the freedom to travel.