Karen Boies

Mortgage Planner

  • Fixed and Variable – A Definition

    In this video, I look at what fixed and variable mortgages are as a refresher for past viewers or of my first time buyers. Transcription of Video Blog: Hi, everybody. It’s Rowan Smith from the Mortgage Centre. I want to talk today about fixed or variable. Specifically, I want to define what they are so

  • Warning: Possible Financing Problems On Strata Duplexes

    Our office recently encountered financing problems for a strata duplex. We discovered that currently no mortgage insurer will approve such a property. Not CMHC, not Genworth and not Canada Guaranty . This is a very recent change!!! I found this very strange and having been in the industry for many years I decided to find

  • Stated Income Rental Purchase For Self-Employed Is Back

    Great news for all real estate investors that are self-employed! A well established major lender in Canada has brought back their “Stated Income Rental Program” today. Traditionally, many people who are self-employed have trouble obtaining financing for their own homes, let alone rental properties. With all the different structures of companies and legal deductions for