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FAQS

  • Bridge Financing (1 entry)

    • How does bridge financing work?

  • Down Payment (3 entries)

    • How much down payment will I need for the lawyer?
    • What documentation do I need for proving my down payment and closing costs?
    • When does the down payment get paid?

  • Land Transfer Tax (1 entry)

    • I am a first time homebuyer, but my spouse isn't. Do I qualify for the Land Transfer Tax Rebate?

  • Closing Costs (1 entry)

    • When does the down payment money get paid?

  • Mortgage Administration (1 entry)

    • Can I open a new bank account for my mortgage payments to come out of?

  • Porting Your Mortgage (2 entries)

    • I currently own this property under my name only, when we move we will be buying something with me and my partner's name. Does that change anything in porting?
    • Should I PORT my mortgage or get a new one?

  • Long Term Rates vs. Shorter Term Rates (1 entry)

    Discussion about long term/short term/ variable, etc.
    • Should I choose a 10 Year fixed rate or a 5 Year fixed rate?
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