Corinne Reyes - Mortgage Broker in the Yukon

08/05/2026

🏠 Did you know your line of credit could potentially be used as part of your down payment?

💡 Yes, it may be possible!

If you’re short on cash for your down payment, there are mortgage programs such as Flex Down that may allow qualified homebuyers to use borrowed funds such as a line of credit, personal loan, or other approved sources toward their down payment.

However, approval isn’t automatic. Lenders will look at several important factors, including:

✅ Credit Score & History
You’ll generally need a strong credit profile, with some programs requiring a minimum credit score of around 680.

✅ Stable Employment & Income
You’ll need to demonstrate reliable employment and sufficient income to support the mortgage and other financial obligations.

✅ Debt Servicing Ratios
The payment associated with the borrowed down payment must be included in your Total Debt Service (TDS) calculation. This can affect how much you qualify to borrow.

📌 The key takeaway:
Using borrowed funds for your down payment may be an option but the numbers need to work, and lender guidelines vary.

💬 Have you been saving for a home but feel like your down payment is still short?
Before assuming you need to wait, let’s look at your options.

📩 Send me a message and I’ll help you determine whether a Flex Down or another financing strategy could work for your situation.

Every application is different and subject to lender qualification, program guidelines, and approval.

07/08/2026

Many buyers spend months waiting for the "perfect" rate before making a move. The reality is that mortgage rates can change quickly, and markets rarely give advance notice. 🏡

Recent bond market activity suggests there may be downward pressure on fixed rates, but no one can predict exactly where things will go next.

Instead of trying to time the market perfectly, focus on understanding your budget, your goals, and your options. When the right opportunity comes along, you'll be ready to act with confidence.

Thinking about buying or renewing? Let's review your options and build a plan that works for you.

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07/03/2026

Huge congratulations to my clients on your new home! 🏡✨

Navigating the market as first-time home buyers takes patience and trust in the process... from pre-approval to handing over the keys today. It has been an absolute joy working with all of you.

I'm wishing you nothing but happiness and wonderful years ahead as you make this space completely your own. May it be a place of foundation for all your big dreams ahead!

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📩 If you’re thinking about starting your own homeownership journey, I’m here to help and guide you in the process.

06/26/2026

Property tax 🏡

🏠 Skip the line at City Hall by paying your property tax through online banking! whitehorse.ca/tax

Payee names will vary depending on your bank. Search for:
City of Whitehorse Taxes
Whitehorse Tax
Whitehorse (City) – Taxes

Then, submit your Home Owners Grant application online at whitehorse.ca/hog. Enter a few numbers from your tax notice and you're done. It's very quick and easy.

👉🏽 𝗥𝗲𝗺𝗶𝗻𝗱𝗲𝗿𝘀

• Property taxes are due by Thursday, July 2 at 5 pm

• Credit cards cannot be accepted for property tax payments

• If using a debit card, make sure your daily limit is greater than the amount you're paying

• Home Owners Grant may be submitted online *unless* your taxes are being paid by a mortgage holder

• Payments and Home Owners Grant applications received after the due date may be subject to a 10% penalty on the amount owing

🚧 During construction at City Hall there will be increased congestion, noise, vibration and service counters may be busier than usual.

Questions?
☎️ 867-667-6401
✉️ [email protected]

06/10/2026

The Bank of Canada has hit pause again, holding its overnight rate at 2.25%.

For clients with variable-rate mortgages or HELOCs, today's announcement means no immediate payment changes.

Remember: fixed mortgage rates are driven by bond yields, not directly by Bank of Canada rate decisions.

As always, every mortgage situation is unique. If you'd like to review your options or discuss your strategy, I'm here to help.

📅 Next rate announcement: July 15, 2026

Read more: https://themortgagehouse.ca/bank-of-canada-update-rates-hold-steady-at-2-25/

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05/28/2026

Behind every mortgage is a family starting a new chapter, a first set of keys, a fresh start, or a dream years in the making. 🏡

That’s why being a mortgage professional means so much more than simply closing deals. It’s about helping people open doors to new opportunities, financial confidence, and the future they’ve been working toward.

Every conversation matters. Every milestone matters. And every home tells a story. 💛
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05/27/2026

Forever grateful to 'The Mortgage House Canada' for the opportunity and learnings. 🫶🏼🥰🙏🏼

Thank you 🫶🏼

05/26/2026

✨ Congratulations on the successful funding of your mortgage and your closing day! 🏡✨

It was a pleasure helping you secure a home that not only fits your lifestyle, but also aligns comfortably with your financial goals. Instead of stretching to the maximum pre-approval amount, they made a thoughtful decision to choose a home that supports both their present needs and future plans.

Wishing you both many happy memories in this exciting new chapter! 🫶🏼

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📩 Reach out anytime if you’d like guidance or assistance in preparing for your next mortgage step. Whether you’re planning ahead, exploring your options, or getting ready for a future purchase, I’d be happy to help make the process smoother and easier for you.

05/23/2026

Don’t assume you can’t qualify. If any of the following situations are making you hesitate to explore your mortgage options, let’s talk.

Every situation is unique, and there may be solutions available:
▪️ You have an outstanding line of credit, car, personal loans or any other existing debts
▪️ You’re finding it hard to save enough for a down payment
▪️ You recently started working and are in a term or contract or probationary position
▪️ You are new at your current job (less than 6 months) but have previous similar work experience
▪️ You are new to Canada or just starting to build your credit history
▪️ Your credit score needs some improvement or guidance
▪️ You are self-employed for less than 2 years or earning variable income

That’s why having a mortgage broker in your corner can make such a difference. I’m here to help you understand your options, create a plan, and work toward getting you mortgage-ready.

Every lender has different guidelines, flexibility, and products available. Sometimes the best solution isn’t always the most obvious one.

📩 If you’re unsure where you fit in today’s lending environment, let’s talk through your options together.

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05/19/2026

What’s Actually Happening With Rates?

The first thing to understand is that fixed and variable mortgage rates do not move for the same reasons.

Variable-rate mortgages are tied more directly to the Bank of Canada’s overnight rate. If the Bank of Canada raises or lowers its policy rate, lenders typically adjust their prime rates shortly after.

Fixed rates work differently. They are influenced mainly by Government of Canada bond yields. Bond yields move daily based on inflation expectations, employment data, and global uncertainty. That means fixed rates can rise even when the Bank of Canada has not changed its rate.

Read more about it here: https://themortgagehouse.ca/whats-actually-happening.../