Top Performers: Kelli Pardo + MORE Jun 17th

Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News

Chartered Banks Saw a Surge in Uninsured Mortgage Origination in Q3: CMHC Jan 28th

Chartered banks saw mortgage originations grow by 11% in the third quarter, a growing percentage of which were uninsured mortgages. Comparatively, non-bank lenders, including mortgage finance companies, trusts and insurance companies, saw mortgage activity rise 4%, according to the Canada Mortgage a.... More »
 mortgage penalties

Moving this summer? Don’t overlook these costs Jun 20th

There’s more to a real estate transaction than a mortgage..... More »
 bank mortgage

Is this part-time teacher on track to retire in 9 years? + MORE Dec 18th

Sarah Press is 41 years old and working as a part-time teacher in Toronto. She also has what she calls some “side gigs” cleaning houses so that she can earn additional income that she hopes will allow her to retire at 50 on a reduced pension. “My true retirement age with the school board is 5.... More »

Should you hold your mortgage inside your RRSP? + MORE Oct 2nd

Q. I currently own a house in Edmonton that is mortgaged, and looking to purchase a property in Vernon, BC, that I will eventually retire to. Until then, I am liking the idea of renting out that property to help support the additional mortgage.  I am wondering if it’s possible to transfer my exis.... More »

CMHC reports annual pace of housing starts in January down 10% from December + MORE Feb 17th

Canada Mortgage and Housing Corp. says the annual pace of housing starts in January fell 10 per cent compared with December..... More »

Top Performers: Kelli Pardo

– canadianmortgagetrends.com

By Vanessa Chris, Special to CMT Some believe there are countless attributes that define a top performer in the mortgage industry, but for Kelli Pardo, only a few really matter. The key success ingredient for this Alberta-based Invis agent is establishing an airtight bond with clients, lender partners and referral sources. Throughout her five years in the mortgage brokering industry—and her previous 10 years with TD Canada Trust—Pardo was diligent at putting the human side of the business first. And that strategy paid off. “Brokers are a dime a dozen. You have to find a way to differentiate yourself…and, for me, it’s all about developing relationships,” she says. “This business READ MORE

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Mortgage Career: True North Mortgage

– canadianmortgagetrends.com

Company: True North Mortgage Position: Salaried Mortgage Agent Location: Calgary, AB Send resume to: chad.riddell@truenorthmortgage.ca Salaried Mortgage Agent Company Overview: Salaried Mortgage Agent True North Mortgage is looking for a Salaried Mortgage Agent in Calgary, Alberta. Mission Statement: To offer Canada wide mortgages at best rates with friendly, informative and rapid service. Our retail locations enable clients to interact with our agents face to face.We offer a friendly work environment with a team based approach and team based bonuses.   Job Description: Essential abilities: Willingness to work mall hours (some evenings and some weekends required) Residential mortgage industry experience; Friendly with READ MORE

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OTTAWA – If you want to help improve your credit score, it’s a no-brainer that you need to start paying your bills on time and reducing outstanding debt.
But Gary Tymoschuk, vice-president of operations at the Credit Counselling Society, says you should also be careful about the amount of new credit you’re applying for.
“Don’t be out there applying for a Visa and a MasterCard, an American Express, new cellphone service and a new car loan and all these different things,” he said.
How your credit score impacts your mortgage application »
Tymoschuk said a flurry of inquiries over a short period of time on your credit report can be “a little bit of a red flag.”
“If you’re looking for a lot of credit, often times that can be a sign of a difficult challenging time in terms of managing your debt,” he said.
A credit report is a record of your past, including your payment history, how much you owe, how much new credit you’ve been searching for, the length of your credit history and the types of credit you have, Tymoschuk pointed out…

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Mortgage Career: Dominion Lending Centres

– canadianmortgagetrends.com

Company: Dominion Lending Centres Position: Director of Training, Western Canada Location: Port Coquitlam, BC Apply to: Jay@dlc.ca Director of Training, Western Canada Who We Are We are Dominion Lending Centres who through entrepreneurism, hard work and energy have become the largest Mortgage Brokerage in Canada achieving 40% Market Share in 10 years.  In 2015, we funded $33 Billion in mortgages and helped 105,000 Canadians with their home financing needs from coast to coast.  We have an incredibly innovative, competitive and fun head office team and are flat out looking for a fantastic team fit and one of the strongest trainers READ MORE

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Mortgage Career: FICOM

– canadianmortgagetrends.com

  Company: FICOM Position: Examiner, Mortgage Brokers Location: Vancouver, BC Apply to: Click here Examiner, Mortgage Brokers Join the FICOM team and make an important contribution to the economic stability of BC FICOM safeguards confidence and stability in British Columbia’s financial sector by protecting consumers from undue loss and unfair market conduct.  We are responsible for administering nine statutes that regulate the pension, financial services and real estate sectors in British Columbia. For more information on FICOM, please visit the FICOM webpage. The Mortgage Broker team within the Real Estate and Mortgage Brokers department regulates the activities of B.C.’s mortgage READ MORE

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