Sandra's Mortgage Blog
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Exploring Home Equity: Using Your Mortgage to Build Wealth
Are you a homeowner in Canada looking to make the most out of your property investment? You’ve come to the right place. In this article, we’ll explore the concept of home equity and how you can leverage your mortgage to build wealth. Let’s dive in and discover how you can
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How to Qualify for a Mortgage as a First-Time Homebuyer?
Are you dreaming of owning your first home in the picturesque landscapes of Canada? As a first-time homebuyer, the prospect of securing a mortgage might seem daunting. However, fear not! In this comprehensive guide, we will demystify the process of qualifying for a mortgage using simple language. So, let’s embark
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Mortgage Myth-Busting: Separating Fact from Fiction
When it comes to mortgages, misinformation can be abundant, leading potential homebuyers astray. In this piece, we’ll set the record straight on some common mortgage myths, providing you with the accurate information you need to navigate the homebuying process with confidence and ease. Myth 1: A 20% Down Payment is
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How Does a Mortgage Broker Help in Finding the Right Mortgage?
Finding the ideal mortgage is of the utmost importance when you make the crucial decision to buy your ideal home. It might be confusing to sort through all of the mortgage options that are available in Canada. But don’t worry! I’m here to make this complicated process simpler for you
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Understanding Debt-to-Income Ratio: How It Affects Your Mortgage Approval
In the Canadian mortgage scene, the Debt-to-Income Ratio emerges as a vital gauge of one’s borrowing potential. This ratio is not only central to mortgage approvals but also has nuances that, when understood, can shape the trajectory of your homeownership aspirations. Mortgage specialists often turn to two primary metrics, Gross
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Credit Scores: What They Mean and How To Manage Them
Navigating the financial landscape of Canada requires an understanding of numerous metrics and indicators. Of these, few hold as much sway over personal financial health as credit score. This three-digit number not only offers insights into one’s past financial behaviours but also impacts future financial opportunities. It has the potential