What is the Condition of Finance (COF)?

Whenever you put in an offer to purchase a home, their will be a variety of conditions that must be met. One of those conditions, is proving that you can actually get approved for a mortgage and be able to pay for the house. This is called the condition of finance. If you are working with […]

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What is a “rate lock” and how long is it good for?

Rate locks are designed to protect you from rate changes that may occur while you are house-hunting. They act as a price “ceiling”, which means that if rates rise during your rate lock period, you get to keep your lower locked-in rate. If rates drop on the other hand, then you can let go of your […]

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Get a copy of Left Swipe Dat

Click here or on the image below to get a copy of Left Swipe Dat, our non-boring guide on why you should get a mortgage pre-approval and the #1 reason why so many people mess up their pre-approvals.

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Mortgage calculator

Hey kids, Take a quick look at that little gadget above. Did you notice anything? Look closer. Okay, we’ll tell you: it’s a payment genie. Our lawyers made us call it a “mortgage calculator,” but it actually works like a genie. Go ahead, give it a try. Step #1: enter your numbers. Step #2: gently […]

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How does “stated income” for self employed people work?

The stated income program is for people who are self employed, but can’t prove their income in the traditional manner. We’ll take into consideration: the industry you’re in what kind of experience you have how many employees you have whether or not you have a physical location or a website the reasons why proving your […]

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