How Will the New Mortgage Rules Impact My Buying Power?

Darcy DoyleBlog, News and Events

The chances are fairly high that you’ve heard a lot in the news surrounding new mortgage rules that came into play on January 1st, 2018. If so, you’re probably wondering how these new rules will affect you when it’s time to make a purchase or renew/refinance your current mortgage. Lenders don’t have to apply the ‘stress test’ to borrowers who … Read More

How Do GDS & TDS Affect Mortgage Qualification?

Darcy DoyleMortgage Tips


You’ve likely only come across ‘GDS and TDS ratios’ if you’ve previously applied for a mortgage. These calculations are used to determine what you can afford to pay towards homeownership costs based on your current income and debt levels. GDS – gross debt service – is the percentage of a borrower’s income that’s required to pay all monthly housing costs … Read More

What Does a Monoline Lender Have to Offer?

Darcy DoyleMortgage Tips


You’ve likely only heard the term ‘monoline’ lender if you’ve had a mortgage with one and/or you’ve used a mortgage broker to negotiate home financing on your behalf. Although not as well known as banks and credit unions, monolines provide excellent mortgage solutions to meet the needs of a variety of different borrowers. While banks and credit unions provide an … Read More

Looking for Ways to Pay Your Mortgage Off Quicker?

Darcy DoyleMortgage Tips

The Mortgage Professionals-October-Blog-Image

Everyone dreams about their ‘mortgage burning’ date the day they become a homeowner. While mortgage debt will cost you the lowest interest rate among all debts, there’s a sense of freedom in being able to chip away at that principal balance and shorten the time in which it will take you to become mortgage free. After all, reducing your principal … Read More

What You Need to Know to Boost Your Credit Score

Darcy DoyleCredit Score, Mortgage Tips

The Mortgage Professionals-September-Blog-Main-Image

With the ever-changing mortgage requirements and rising interest rates, it has never been more important to ensure your credit is in tiptop shape before you head out home and mortgage shopping. Fewer people are fitting into the traditional banks’ financing boxes as easily as they may have just a year or two ago. But the good news is, The Mortgage … Read More

How to Transition from Renter to Homeowner Sooner

Darcy DoyleMortgage Tips

The Mortgage Professionals -August Blog Inside Image

Deciding to become a homeowner after renting is one of the biggest decisions you’ll make throughout your lifetime. Planning ahead by building a budget and saving before taking your first steps towards homeownership are key considerations for ensuring the transition is as stress-free as possible. Budgeting empowers you to look to the future and consider all of the associated costs … Read More

How to Use a Home Equity Line of Credit to Your Advantage

Darcy DoyleMortgage Tips

The Mortgage Professionals-second-picture

Having access to secured credit is a huge benefit to Canadians. The problem is, the media often sounds alarm bells concerning all types of credit – and frequently home equity lines of credit (HELOCs), in particular – roping it all into a giant debt cycle looming above all homeowners. In fact, we’re certain you have heard homeowners who access their … Read More

Buying Your First Home? Working with a Mortgage Broker is Your Best Choice

Darcy DoyleMortgage Tips

The Mortgage Professionals-self employed

As licensed mortgage brokers, it’s our pleasure to walk you through every step of the homebuying and mortgage financing processes – from prequalification to funding and beyond. If you’re a first-time homebuyer, our extensive knowledge of the Canadian mortgage landscape will prove particularly beneficial. In today’s hot real estate market where multiple bids are reality, it has never been more … Read More

Purchase Plus Improvements Program

Darcy DoyleBlog, News and Events

The Mortgage Professionals-Home-Renovation

Purchase Plus Improvements Program You have been searching for a new home and have finally found one that you like. It’s right in your price range and all it needs is a few improvements. New floors, update the kitchen and bathroom, a coat of paint and it will be as good as new! Your problem is, once you calculate what … Read More