Athabasca, Boyle, Lac la Biche Mortgage Broker

Kevin Mroczek || May 11, 2017

Options for a client with 20% or more for a down payment

Did you know not all lenders qualify clients the same when the client has 20% or more of the purchase price available for the down payment?When the Federal Government introduced changes for clients to...

Kevin Mroczek || April 24, 2017

Mortgage paper work

Clients are always asking how fast can they get their mortgage approved. The answer really rests with the clients. In order to get a quick approval, our paperwork must be in order! Thus it raises the...

Kevin Mroczek || April 17, 2017

May down payment be gifted from an immediate family member?

It is sometimes frustrating when you wish to buy a home and don't quite have enough saved for a down payment. Did you know you may accept a gift from an immediate family member for the down payment?...

Kevin Mroczek || April 12, 2017

Borrowing for the down payment

I often get asked if borrowing for the downpayment is allowed. The answer is that in certain situations, yes, you may borrow for your down payment. The characteristics of a client's portfolio to...