Buyers Buyers
Sean
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...
Sean
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
Read August 2022 Canada interest rate forecast Have mortgage rates peaked in 2022? Here’s what’s next for buyers, homeowners Amidst the back-to-school scramble, the Bank of Canada increased...
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...
Homeowners Homeowners
Ali
Before reading this article, we assume that you know what a home equity line of credit (HELOC) is. If you don’t, check out our HELOC page to learn more before jumping into this article. Why...
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...
Alex
While admittedly not the most exciting thing to think about, retirement planning is an important part of your personal finances. For many of us, owning a property makes up a significant portion of...
Alex
What is a home equity line of credit (HELOC)? In Canada, a home equity line of credit otherwise known as a HELOC, is a line of credit secured by your property. It allows you to borrow money through a...
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...
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...
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
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.
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.
