Unlike a fixed rate, a variable rate mortgage can fluctuate up or down throughout the contractual term. In exchange for…

Most mortgage pre-approvals are good for 120 days from the time of submission. Pre-approvals are ultimately used as rate holds. Though…

Insured Refers to when your down payment is less than 20%. The property purchase price must be less than $1,000,000. Must qualify at…

We at Riley Boychuk Mortgages, have a mortgage for everyone! Period. Not only do we work with conventional lenders, but…

A debt consolidation loan allows you to pool together several high interest debts into one lump sum payment at a…

Applying for a loan is a smooth and stress-free process from start to finish. As it takes less than a…

Where there is no general cap on what you can borrow, lending guidelines are based on your household income, debt…

A conventional mortgage refers to any mortgage with a maximum loan-to-value of 80%. In other words, a conventional mortgage refers…

In Canada, the minimum down payment is 5% on the first $500,000 and 10% on the remaining $500,000 up to…

Mortgage loan insurance, also known as mortgage default insurance, is an insurance premium paid by the borrower, to in which…