Life can change quickly. A new job, a growing family, a move to another city, or a shift in financial priorities can all lead you to consider breaking your mortgage before the term ends. While there can be good reasons to make this move, it is important to understand the potential costs and how they…
With housing prices on the rise, co-ownership is becoming a practical and increasingly popular way to buy a home. Whether you are partnering with a spouse, friend, or family member, sharing a home and the mortgage can make property ownership more attainable. At Canadian Mortgage Professionals, we help Canadians navigate this approach with clarity and…
A 2025 Guide for First-Time Canadian Homebuyers Understanding mortgage terms is essential when you are buying your first home in Canada. The mortgage process can be confusing without the right information, especially in a fast-changing financial environment like 2025. At Canadian Mortgage Professionals, we specialize in helping first-time buyers in Alberta and across Canada make…
Why Mortgage Ethics Matter in Today’s Market At Canadian Mortgage Professionals, ethics are more than a guideline—they are the backbone of how we operate. For over 35 years, we have helped thousands of Calgarians secure their homes and financial futures, always putting integrity first. When you choose a mortgage broker, you deserve a partner who…
When Credit Vanishes: What You Need to Know About Protecting Your Credit Score Imagine logging into your credit report only to find your score has completely disappeared. That’s exactly what happened to several Canadians recently, according to a Yahoo News article. Equifax, one of Canada’s major credit bureaus, removed long-standing credit histories due to inactivity—leaving…
Homeownership remains a major aspiration for many Canadians – but increasingly, it’s becoming more difficult to achieve. According to a recent survey by NerdWallet Canada, featured on BNN Bloomberg, one in three Canadians say that saving for a down payment is the number one reason they can’t buy a home. At Canadian Mortgage Professionals Inc.,…
(Yes – these are real mortgage questions we’ve heard, and yes – we love answering them.) At Canadian Mortgage Professionals, we’ve helped thousands of clients across Alberta navigate the mortgage process—and along the way, we’ve heard everything. From first-time home buyers to curious refinancers, some of the questions that come our way are thoughtful, some…
When it comes to mortgages, flashy rates can grab your attention—but they don’t always tell the full story. Sometimes, the details buried in the fine print can result in unexpected fees, conditions, or restrictions that may impact your financial plans. At Canadian Mortgage Professionals, we’re committed to clear, transparent mortgage guidance—so you can move forward…
Securing the best mortgage rate in Calgary requires more than just checking lender websites, it involves understanding market trends, maintaining strong financial health, and working with an experienced mortgage broker. At Canadian Mortgage Professionals, we specialize in helping homebuyers and homeowners navigate Calgary’s mortgage market, ensuring you secure the lowest possible rate with the right…
Buying a home is an exciting milestone, but for many first-time buyers, saving for a down payment can be a challenge. If you’re receiving financial help from an immediate family member, you’ll need to provide your lender with a gift letter — a document that confirms the money is a gift, not a loan, and does…
When it comes to securing a mortgage, one of the biggest decisions you’ll make is choosing between working with a mortgage broker or going directly to a bank. While both options can help you finance your dream home, there are distinct advantages to working with a Calgary-based mortgage broker, especially if you’re looking for personalized…
Purchasing a home is an exciting milestone, but it comes with more costs than just the down payment and mortgage. One of the most overlooked aspects of buying a home in Canada is the array of closing costs involved in finalizing the purchase. Understanding these expenses will help you avoid surprises and budget effectively for…
