Can the Bank Really Cancel Your Funding Before Possession Day?
YES, yes they can. The lender can and will cancel (or delay) funding if you don't 'behave' between time of purchase and possession day....
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Video Blog - Alberta Mortgage Broker Karri Flatla
- Jun 30, 2022
Should You 'Lock In' Before the Next Jumbo Rate Hike?
A lot of borrowers are losing sleep over the next interest rate hike. And it certainly doesn't help that the Internet is yelling at...
- Jun 24, 2022
Economic Apocalypse in Canada? Why It's Okay to Step Off the Crazy Train
Inflation. Interest rate hikes. $200 oil. War overseas. Real estate markets crashing. What the heck is happening? And what can you do...
- Jun 17, 2022
How to Avoid Costly Penalties on Your Property Taxes
Property taxes are due June 30th every year in Lethbridge and in most other Alberta municipalities. Unfortunately, the tax man waits for...
- Jun 10, 2022
Should You Use a Bank or a Broker to Get a Mortgage?
When I got my mortgage license, someone very smart said to me "Congratulations! Which bank are you working for then?" To which I happily...
- Jun 3, 2022
Canadian Interest Rate Hikes, Oh My! Is it Time to Panic?
The rate environment is shifting under our feet and frankly, there is a generation of Canadians who aren't accustomed to increasing...
- May 27, 2022
The 4 (Sorta Messy) Ingredients Required for a Mortgage Pre-approval
Hint: it may or may not include a DNA sample and your first born 👶 Seriously though, the lender needs a ton of documentation before they...
- May 20, 2022
Does Your Mortgage Broker Apply These 3 Communication Strategies?
If not, your home ownership journey could turn into a nightmare. Why? Because you don't know what you don't know. Poor communication...
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