Top 20 Factors That May Affect Your Mortgage Approval

If there's one thing our team of mortgage planners has learned from their years of experience, it's that no two mortgages are the same. Even if, on the surface, you think that your situation matches your neighbor, friend, co-worker or parent, it doesn't take much digging to start finding differences. Since you're not "just like Dave" why would your financing be the same? We believe that your mortgage solution should be as unique as you.

Self-employment and Qualifying for Your Mortgage

Self-Employed Header

Whether you call it your gig, side-hustle or passion project, the number of people in Canada who are self-employed is on the rise. When you're focused on building your business, home ownership can seem like a challenge. While it's true that qualifying for a mortgage when you're self-employed is different from a regular employee, our team is here to walk you through the options with mortgage lenders and insurers.

Is a reverse mortgage right for you?

Reverse Mortgage Decision

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.

An Unexpected Journey to Home Ownership

Sometimes the journey to your perfect home takes more twists and turns than you expected. This was the case for Sharon and Susanne, who worked with the Auxilium Team for over two years to purchase the property they now call home.

Unique Solutions for Unique Homes

Julia and Cole are both young professionals who were looking for a place to call home that would allow them to unwind from their busy work days. They found their dream property in a rural estate sale – but there was a catch. The property they were looking at had an aging mobile home on it that would require a lot of work to update once they moved in.

BC HOME Partnership Loan: Are you ready?

Applications for the B.C. government's Home Owner Mortgage and Equity Partnership program open today, January 16, 2017. If you're an eligible first-time home buyer, do you have your documents in order?

BC HOME Partnership Loan: What will I pay?

The B.C. government's Home Owner Mortgage and Equity Partnership program, launching January 16, 2017, might seem almost too good to be true. The provincial government will match the down payment for eligible first-time home buyers to a maximum of 5% of the purchase price, up to a $750,000 property. This loan will be interest- and payment-free for the first five years.