Archive for June, 2015

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Using RRSP’s for a Down Payment

For a long time, Canadians have been able to use their RRSP’s to help them purchase a home. When this home buying program was first introduced, some were skeptical. They didn’t like the idea of borrowing from their future, but with house prices only getting higher, many of the skeptics have changed their mind. The [...]

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By Source Mortgage on June 15, 2015
in Mortgage Broker Services
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Why Pre-Approval is so Important

When talking about pre-approval, it’s important to first point out the difference between being pre-approved and being pre-qualified. Pre-qualified is a much earlier step. It involves giving your bank some basic information and being told how big of a mortgage you’d likely be able to afford and be qualified for. Pre-approval is a much bigger [...]

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By Source Mortgage on June 3, 2015
in Mortgage Broker Services

Heartwarming Stories

Source was absolutely great to work with - went above and beyond to help us get everything done when buying our new home. Highly recommended!! Chad and Jenelle Richards Jan 09 2013

Chad and Jenelle Richards
Added January 23rd 2013

Interest Rates

6mth Term 3.95%
1yr Term 2.99%
2yr Term 2.69%
3yr Term 2.99%
4yr Term 3.39%
5yr Term 3.04%
V.R.M. Prime-.65 or 2.35%

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