The Home Buyer's Plan: What You Need to Know Are you a hopeful first-time homebuyer in Canada who is unsure how you will afford a mortgage of your own? You’re not alone. We understand that considering such a large purchase is stressful and can feel very overwhelming....

Benefits of RRSP Mortgage Loans At The Mortgage Station, we’ve noticed a lot of buzz and interest surrounding RRSP Mortgage loans being a fantastic option for those looking to borrow money from sources other than the bank. And while RRSP Mortgages can be hugely...

Whether you’re the kind of person who wants to pay off their mortgage by the time they’re 50, or the kind of person who likes to move every few years, it’s important to understand the realities of what a potential move might mean for you financially. Below we explore...

Has your bank called you to renew your mortgage? Are you wondering if it’s a good time to get out of your current mortgage term to qualify at a lower rate elsewhere? In this article, we attempt to answer many of the questions you may be contemplating around the topics...

Is a cottage a good investment? Like many Canadians, you’ve probably dreamed of buying a beautiful lakefront cottage in Muskoka, Niagara on the Lake, or The Kawarthas. And with the proper research, the right budget, and a reliable mortgage broker, your dream can...

5 Things to Consider When Choosing a Mortgage Broker Two of the most important steps when buying a house are deciding on where to secure financing and deciding which type of financing to use. As there are numerous places where a buyer can secure a mortgage to purchase...

The Four Most Popular Types of Mortgages With many different mortgage options to choose from, it can seem overwhelming to determine which you are eligible for, and which will serve you and your unique situation best. That’s why the team at The Mortgage Station spends...

‘Alternative lending’ is one of those buzz words that you’ve likely heard but may not know much about. In this article, we unpack what alternative lending is, how it functions, what is offered within alternative lending, and how to think beyond traditional bank...

What You Need to Know About the Canadian Mortgage Stress Test It’s official. The Office of the Superintendent of Financial Institutions (OSFI) released the final version of the new B-20 Guideline for the mortgage industry – effective Canada on January 1st, 2018....

8 Ways to Financially Recover from Holiday Overspending Overspending during the holidays can put a crippling hold on your finances as you enter the New Year. While buying expensive Christmas gifts and indulging in Boxing Day sales may have felt good and “worth it” at...