Buyers Buyers
Ali
With the blink-and-you’ll-miss-it days of summer speeding its way towards fall, here’s a quick rundown on where things are headed in terms of Canadian mortgages, the economic impact and...
Alex
Home buyers looking for desperate sellers who can’t cover their increased mortgage payments at renewal may be waiting for nothing. Despite recent news headlines, homeowners who purchased in the...
Alex
People Want to Pay Me To Get A Mortgage? While mortgage representatives do like working with you, they definitely wouldn’t pay you out of pocket to arrange your mortgage. Mortgage brokers or...
Alex
Does Switching Jobs Affect How Much Mortgage I Can Get? When it comes to getting approved for a mortgage, lenders will assess how much you qualify for based on your qualifying income. (read more...
Alex
Why Qualifying Income Matters Like we discussed in our Guide To Buying a Home, your income influences how much mortgage you can get and would be determined by your mortgage representative during your...
Alex
Do You Need A Co-Applicant or Guarantor? When you’re getting ready to buy a home, one of the first things you’ll want to do is get pre-approved to determine the amount you qualify for....
Homeowners Homeowners
Alex
Breaking Your Mortgage: Reasons It May Happen To “break your mortgage” means that you are trying to renegotiate the terms of your mortgage before your renewal/maturity date. While there is no...
Perch
Renovations In High Demand Our friends over at HomeStars recently published a Home Reno Report that concluded how Canadians in record numbers were opting to either move into a new home for more space...
Alex
What’s the Difference Between a Mortgage Switch and Mortgage Renewal? When you get a mortgage for the first time, you’ll typically have a 25-year amortization and a 5-year mortgage rate. This...
Alex
Let’s say you bought your home for $400,000 with a 20% down payment. You’re left with a $320,000 mortgage to pay off. Your down payment of $80,000 now becomes equity in your home. If you...
Daniel
If you are considering paying down your mortgage, keep reading! When Mortgage Professionals Canada asked Canadians in 2019 if they would classify mortgages as “good debt”, Canadians agreed...
Perch Perch
Kat
VANCOUVER, TORONTO (October 7, 2021) – Second Century Ventures, the strategic investment arm of the National Association of Realtors®, announced Thursday the 10 companies selected for its 2022...
Joey
Alex Leduc, CEO of Perch, recently sat down with Hunter Young from The Financial Experience Podcast to talk about housing affordability, building wealth through homeownership and the importance of...
Kat
What is Perch? When it comes to buying a home, getting a mortgage or financing your next real estate investment, it can feel pretty overwhelming. At Perch, our mission is to empower Canadians to make...
Aysha
Aysha Samrin, Lead Product Designer at Perch, on how to set your design team up for success at an early stage startup. Too many young startups view design as a secondary element of product, when in...
Aysha
I’ve had my share of junior to mid level unicorn designer roles at early stage startups, and sincerely endeavored to push the entire design process forward on my own. This has been extremely...
Kat
TORONTO, Feb 7, 2022 – Perch, the Toronto-based proptech company that seeks to help Canadians build wealth through real estate with its intuitive home ownership platform, announced today the...
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...
With the blink-and-you’ll-miss-it days of summer speeding its way towards fall, here’s a quick rundown on where things are headed in terms of Canadian mortgages,
