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A quiet one that costs Canadians a lot of money every year.Renewal is the only point in a mortgage term where you can ch...
10/13/2026

A quiet one that costs Canadians a lot of money every year.

Renewal is the only point in a mortgage term where you can change how the mortgage is built without paying a prepayment penalty. The term length, fixed or variable, your payment frequency, or moving the whole thing to a different lender. None of it carries a penalty.

Most people sign the letter and carry on, which is exactly what the letter is designed to achieve.

The one thing you cannot change penalty free is the amount. Adding to the balance turns a renewal into a refinance, which means an appraisal, legal work and a longer timeline.

Renewal letters for early 2027 are circulating now, so this is the month to plan rather than react. Contact one of our TMG Brokers or Agents today.

Happy Thanksgiving, everyone.A long weekend, a full table, and a bit of quiet. We hope you get all three.Thank you to th...
10/12/2026

Happy Thanksgiving, everyone.

A long weekend, a full table, and a bit of quiet. We hope you get all three.

Thank you to the families across the country who trusted a TMG broker or agent this year.

One number has probably delayed more Canadian home purchases than any other, and it is widely misunderstood.Twenty perce...
10/09/2026

One number has probably delayed more Canadian home purchases than any other, and it is widely misunderstood.

Twenty percent down is the point at which mortgage default insurance stops being required. It is not the minimum needed to buy a home. On many properties the minimum is considerably lower.

What changes with a smaller down payment is that the mortgage becomes insured and a premium applies. That is a genuine cost, and it belongs in the comparison.

The comparison itself is the useful part. Buying sooner with a premium attached, against several more years of renting and saving while prices move.

For some households waiting is right. For plenty of others it is not, and nobody should be guessing. Contact one of our TMG Brokers or Agents today.

Worth clearing up, because the two words get used as though they mean the same thing.Pre-qualified means a lender has gi...
10/07/2026

Worth clearing up, because the two words get used as though they mean the same thing.

Pre-qualified means a lender has given you an estimate based on what you told them about your income, your debts and your down payment. Nothing has been verified. It is a budgeting tool.

Pre-approved means a lender has reviewed your actual credit and income documents, and in most cases can hold a rate for you for a set period while you shop.

In a competing offer situation, sellers and their agents read those two documents very differently. One shows you are interested. The other shows you can complete.

If a purchase is on the horizon this fall or next spring, this is the step that belongs first. Contact one of our TMG Brokers or Agents today.

If you are hoping to be settled before the holidays, the calendar matters more than usual right now.Most residential pur...
10/05/2026

If you are hoping to be settled before the holidays, the calendar matters more than usual right now.

Most residential purchases close thirty to ninety days after an accepted offer, which means a late October deal is a December closing.

December is the month least able to take one. Lawyers, movers and lenders are all absorbing year end volume at once, availability narrows, and registry offices are closed on statutory holidays.

It is still very achievable. The buyers who get there are the ones whose financing was sorted before the search started, so they can move when the right property shows up.

Worth sharing with anyone you know who is looking. Contact one of our TMG Brokers or Agents today.

You hear, "Congratulations, you are approved!" Now please change absolutely nothing.An approval is a snapshot of your fi...
10/02/2026

You hear, "Congratulations, you are approved!" Now please change absolutely nothing.

An approval is a snapshot of your finances on the day it was issued. Before the money is released, your lender checks that the snapshot still holds, and that is where deals quietly fall apart.

New debt is the most common culprit. A vehicle loan, financed furniture for the house you have not moved into yet, or a new credit card can shift your ratios enough to break an approval that was perfectly sound a month earlier.

Employment changes carry the same weight. Switching jobs, moving from salary to contract, or starting a probation period will all get flagged.

Large unexplained deposits draw questions too, for the same anti money laundering reasons that govern where your down payment came from.

The rule is simple. Change nothing financially until the keys are in your hand. If something has to change, tell us before it does rather than after, and we will sort it out.

Celebrating our 2026 CMP Rising Stars! đź‘ŹCongratulations to the professionals across our network recognised among this ye...
10/01/2026

Celebrating our 2026 CMP Rising Stars! đź‘Ź

Congratulations to the professionals across our network recognised among this year’s top young mortgage professionals.

Your fresh perspectives, dedication and drive are helping shape the future of our industry. We’re proud to celebrate this achievement with you.

Join us in congratulating our Rising Stars! 🧡

When your renewal letter arrives, signing it is only one of your options, and it is the one the letter is designed to pr...
10/01/2026

When your renewal letter arrives, signing it is only one of your options, and it is the one the letter is designed to produce.

Here is the distinction that saves people the most time.

A straight switch moves the same balance and the same amortization to a new lender. You still have to qualify, but the file is simpler, it moves faster, and the incoming lender will often cover the costs of the move.

A refinance changes the mortgage itself, usually by increasing the balance or stretching the amortization. That is a full application, with an appraisal and legal work attached, and it needs considerably more runway.

The reason the difference matters is timing. A switch fits comfortably inside the 120 day window most lenders allow before maturity. A refinance started at the same point is a much tighter race.

Renewing in the next six months? Reach out now and we will work out which one you actually need.

Today is the National Day for Truth and Reconciliation.A day to listen, to learn, and to reflect on the histories and th...
09/30/2026

Today is the National Day for Truth and Reconciliation.

A day to listen, to learn, and to reflect on the histories and the communities whose lands we live and work on.

If you are moving from residential into commercial financing for the first time, the most useful thing to know is that i...
09/29/2026

If you are moving from residential into commercial financing for the first time, the most useful thing to know is that it takes longer. Consistently, and by more than most people budget.

The appraisal is a bigger job than a residential one, and it takes longer to commission and to complete.

Depending on the property's history and use, your lender may also require a Phase 1 environmental site assessment, and a Phase 2 if the first one raises anything worth a closer look. That is neither a small step nor a fast one.

Lease review is its own piece again. Lenders read the actual leases, because tenant quality and remaining term shape what they are willing to lend against.

None of this is a problem when you plan for it. It becomes a problem when the closing date is fixed and the reports have not started.

Build your timeline backwards from closing, and contact us before you have an accepted offer rather than after.

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105/1385 West 8th Avenue
Vancouver, BC
V6H3V9

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+18007968577

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