Buyers Buyers
Ali
Read November 2022 Canada interest rate forecast Fixed rates close the gap with variable with rate increases soon to slow For the month of December, we anticipate Fixed rates to continue to drop,...
Sean
What type of documents do I need for proof of income when getting a mortgage? If you’re looking to get a mortgage, inevitably you will need to provide proof of your income. This is easier for some...
Sean
If you don’t know the difference between getting a mortgage with the bank or getting a mortgage with a mortgage broker, then this article is for you. In short, banks act as lenders, directly...
Sean
If you’re a beginner shopping for a mortgage, you’ve probably heard that you can go with a bank or with a mortgage broker, but what’s the difference? In this article we’re going to go...
Kat
Most of us don’t deal with bank drafts on a regular basis. So if you’re not familiar with what they are or how it works, we’re here to get you sorted. Protip: If you need to move around a large...
Ali
First of all, what is mortgage default insurance? Mortgage default insurance (also known as mortgage loan insurance, or simply mortgage insurance) was put in place to help Canadian home buyers...
Homeowners Homeowners
Sean
So your mortgage term is about to end and it’s time to renew for another term. How do you do that exactly? In this article we are going to go over the basics of mortgage renewals and give you...
Sean
So, lucky homeowner, you’ve got one property and are still paying off the mortgage. But while the market’s down a second property is looking more and more appealing. You’ve done all the math...
Ali
With mortgage rates on the rise it’s less common to refinance your mortgage. However if you have specific goals in mind, you may be considering it to do something like paying off your home faster....
Ali
The Bank of Canada announced another rate hike of 50-basis points on Wednesday, October 26th, 2022 at 10:00 AM Eastern Time. In its release, the Bank of Canada cited broad based inflation, supply...
Sean
Before we begin, we want to clarify that this article presents a very brief overview of real estate taxes and your specific circumstance may differ. Please get help from a licensed accountant...
Sean
How do investment taxes work in Canada? If you’ve ever bought investments like stocks, bonds, or a property that isn’t your principal residence, you’ll want to understand what is considered an...
Perch Perch
Joey
TORONTO, Nov. 29, 2022 – Ontario residents seeking a mortgage and home insurance will now save time and money through a new partnership between Perch and Onlia Insurance. Perch customers who...
Sean
With rising interest rates and a looming recession, real estate investors are facing tough times ahead. As a part of their mission to support rental property owners, Rent Panda is hosting a virtual...
Kat
So let’s say you’ve got a friend that needs a mortgage. You like being helpful, and you’re also in the know since you recognize how painful it can be to get a mortgage the traditional way. At...
Sean
Webinar: How to digitize your mortgage business It’s 2022, and by now “digitization” has become a mission accepted by most financial businesses, at least the ones that plan to keep up with the...
Alex
Today, I’m pleased to announce the completion of a $4 million Series A funding round for Perch. This marks a special milestone in our company’s growth trajectory. It reaffirms our commitment to...
Alex
Perch, a Toronto-based mortgage fintech, has raised $4 million in Series A funding from investors including Second Century Ventures, the strategic venture arm of the National Association of...
Customer Stories Customer StoriesMargaret is a homeowner who wanted to look at different rates as her mortgage renewal was coming up and she was unhappy with her current bank’s service. Using Perch, she was able to find a suitable...
Raphael and Sarah wanted to buy a vacation home in Mexico. With Perch, they were able to refinance and take out equity at low rates in order to purchase the property they wanted.
Mohammed did not qualify for a mortgage without his co-signer, but Perch identified how to increase his qualifying income so he could keep their family home.
First time home buyers Grace and Kyle had saved up a substantial down payment to put up to 15% down on a property. They were looking in the range of $700k, for a townhouse or semi-detached in the...
Mark and Christina came to Perch after receiving a pre-approval of $595k from their bank, which was $45k short of what they needed. Perch was able to get them pre-approved for a $855k mortgage with a...
Sharon, a first time home buyer in Victoria, British Columbia, wasn’t happy with the pre-approval amount from her bank. After reviewing her finances, Perch was able to pre-approve her for an amount...
Read November 2022 Canada interest rate forecast Fixed rates close the gap with variable with rate increases soon to slow For the month of December,
What type of documents do I need for proof of income when getting a mortgage? If you’re looking to get a mortgage, inevitably you will
If you don’t know the difference between getting a mortgage with the bank or getting a mortgage with a mortgage broker, then this article is
Perch