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Can my parents gift me my down-payment?

Yes, generally speaking, parents can gift you all or part of your downpayment towards your purchase. In order to satisfy lender conditions for accepting gifted…

What Does My Letter of Employment Need to Say?

In order to confirm your income and your employment, you will need to provide a letter of employment from your employer. This letter must…

What Is The Minimum Down Payment to Buy?

The minimum down payment varies depending on your purchase price and your intended use of the property.

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Verifying Your Source Of Funds

Verifying Your Source Of Funds Verifying your source of funds used to purchase real estate has recently come under scrutiny.  It seems every day more information comes to light about the extent of money laundering in British Columbia.  It appears billions of dollars...

Mortgage Payment Options

Different Types of Mortgage Payments Options   Congratulations, you've found your dream home and your trusted Mortgage Broker secured your mortgage. You have many mortgage payment options to pay off your mortgage faster.  Faster repayment means less interest paid...

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