Original Article Source Credits: Global News , https://globalnews.ca/  

Article Written By:  David Lao 

Original Article Posted on:  May 23, 2021 

Link to Original Article:  https://globalnews.ca/news/7885116/mortgage-stress-test-changes-2021/

Original Article Source Credits:   Loans Canada , https://loanscanada.ca/

Article Written By:   MATTHEW TAYLOR

Original Article Posted on:  NA

Link to Original Article:  https://loanscanada.ca/credit/these-factors-hurt-your-credit-the-most/

Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  Kaitlin Last

Original Article Posted on:  MAY 24, 2021

Link to Original Article:  https://betterdwelling.com/canadian-real-estate-is-seeing-home-buyers-fall-faster-than-sellers/

Original Article Source Credits: Government of canada, https://www.canada.ca

Article Written By: NA

Original Article Posted on: 2020-12-29

Link to Original Article: https://www.canada.ca/en/financial-consumer-agency/services/mortgages/preapproval-qualify-mortgage.html

Original Article Source Credits: canadian mortgage trends, https://www.canadianmortgagetrends.com

Article Written By: Steve Huebl

Original Article Posted on: April 8, 2021

Link to Original Article: https://www.canadianmortgagetrends.com/2021/04/homebuyers-to-face-more-stringent-mortgage-stress-test-after-june-1

Original Article Source Credits: Loans canada, https://loanscanada.ca

Article Written By:  BRYAN DALY

Original Article Posted on: NA

Link to Original Article: https://loanscanada.ca/credit/improving-your-credit-score/

When it comes to financing your first home, you may think that the best way of obtaining a mortgage is to follow others who have already been in your shoes. While this can be helpful on some occasions, the people you ask for help may offer you recycled information about mortgages, which is much more myth than factual.

If you’re venturing into the real estate industry to invest in your future home, having the right mortgage product can make the purchasing experience more manageable and affordable. However, the perfect mortgage won’t fall onto your lap that easily.

While obtaining the right mortgage can help you finance your dream home, the process of applying for mortgage financing can be lined with several complexities. Unfortunately, even the slightest of mistakes can affect your chances of being approved for a mortgage. Finding accurate information on the subject and seeking expert assistance can help you make more informed decisions. To be better prepared and avoid costly errors, Vic Lehan & Associates has compiled a list of the most common mistakes people make when looking for mortgage financing.

What is the difference between a bank and a mortgage agent? When you work with a bank for a mortgage, you are limited to their options. Moreover, the bank focuses on its own interests first and only then on yours. Mortgage agents, on the other hand, are licensed professionals who give your needs first priority. They negotiate on your behalf for better rates and deals. They help you with paperwork and are available when you need them.

Thanks for stopping by our blog. If you’re looking for more information about Vic Lehan & Associates, you’ve come to the right place. 

Obtaining mortgage insurance for a home purchase is about to become more challenging on July 1, particularly for first-time buyers.

The Canada Mortgage and Housing Corporation (CMHC), Canada’s national mortgage insurance provider, unveiled stricter underwriting policies on Thursday for insured mortgages. The measures include:

I’m Vic Lehan, the proud owner of Vic Lehan & Associates, Mortgage Architects.

I started my financial career training as a sales rep for a major Mutual Fund company.  After my brother-in-law, who was an experienced mortgage agent, introduced me to the profession there was no looking back. I started training as a broker in 1998.

Are you struggling to find a mortgage to buy your first home as a new Canadian citizen? If you are, you'll be glad to know that you don't have to anymore! The Government of Canada has a special mortgage plan designed to help new Canadians own houses and settle into the country. That's right, the government sponsors mortgages for new Canadians to make it easier for them to apply for a mortgage and purchase their first home in Canada! 

We are delighted to announce the launch of our new website!