Buyers
Ali
In most cases, when you buy a house with a mortgage, whether it’s through a bank, a credit union, or a private lender, the lender will require an appraisal to determine the true value of the home....
Alex
What is a mortgage assumption? A mortgage assumption is when you sell your home to a buyer and transfer your mortgage to them as well. It’s likely you have never heard of this because for most of...
Joey
You’ve been approved for a mortgage, congratulations! Then the unthinkable happens: your appraisal condition cannot be satisfied because the value came in lower than expected. Will this jeopardize...
Ali
What should you look for in a mortgage? Whether you’re looking for a new home, or you’re an existing homeowner, shopping for a mortgage isn’t something most people look forward to doing. It’s...
Alex
Subscribe to receive Perch’s monthly Canada interest forecast newsletter (once a month only!) You will receive an email after you submit this form to finalize your newsletter subscription. *...
LoansCanada
It’s hard enough for the average Canadian to get approved for a mortgage, but it’s even more challenging for newcomers to Canada. In 2021, more than 405,000 people became permanent...
Perch
With all the excitement and stress that comes with buying a property and getting a mortgage, there’s a lot to manage as a first-time home buyer. To help you get organized for the upcoming...
Ali
Subscribe to receive Perch’s monthly Canada interest forecast newsletter (once a month only!) You will receive an email after you submit this form to finalize your newsletter subscription. *...
As covered in our Guide to Buying a Home, how much mortgage you can afford is based on your income, your downpayment and your credit
Should you keep saving until you have 20% down? You likely have heard this advice at least once in your life from your parents or
In a time where home prices and mortgage loans are at an all time high, Canadians need to strategically consider what rate best suits their
Why Prepayment Terms Matter While there is no published research on this fact, the generally accepted measure in the market is that around 65% of
Nearly three-quarters of Canadians have debt, according to the 2019 CFCS survey. This article explores how properly optimizing your debt levels can make a substantial difference
Plan for the future with a Perch Home Buying Plan In our Guide to Buying a Home, we cover the overall process of buying a
How to Determine If You Are Non-Salaried Being non-salaried would be best defined as having irregular income or non-guaranteed hours. If you’re salaried full-time or
For anyone exploring mortgage options, keep reading! The Two Mortgage Types Available The vast majority of mortgages in Canada are closed mortgages. A closed
In light of the housing affordability crisis and buyers pinning their hopes on Thursday’s federal budget announcement, little relief is in sight for many homeowners-to-be.
The Impact of Loss of Income Unemployment rates in Canada hit a high of 13.7% during the first few months of COVID, a significant increase
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You’ll hear from us once a month, and can opt out anytime
