As we all know, recreational marijuana is now legal in Canada. The law is set, but implementation and how policies and guidelines will impact our industry are yet to be determined. Generally, 30 grams for personal possession, up to 4 plants at home. For realtors, mortgage brokers and their clients we are facing many months […]

VANCOUVER, Sept. 5, 2018 /CNW/ – As expected, the Bank of Canada held its key overnight rate this morning at 1.5%, asserting that July’s surprising spike in CPI inflation to 3% was in large part because of a jump in airfares. The Bank expects inflation to move back towards 2% in early 2019, as the effects […]

How Canadian Thanksgiving Began The origins of Canadian Thanksgiving are more closely connected to the traditions of Europe than of the United States. Long before Europeans settled in North America, festivals of thanks and celebrations of harvest took place in Europe in the month of October. The very first Thanksgiving celebration in North America took […]

Welcome to Canada! Canada is made up of hundreds of thousands of people and some did not start in Canada but have made it their home. Buying a home, especially when you are new to Canada can be mind boggling, BUT, we have a mortgage for you! The New to Canada Program is designed to […]

It started on a spring day in 1872 when a group of Toronto printers went on strike.1  For years, they had been asking, pleading, and finally demanding employers to decrease their hours to a nine-hour work day and a fifty-eight-hour work week.  Look at those numbers again – nine and fifty-eight!  Nowadays, working those kinds […]

Many people think that their credit score will hold them back from obtaining a mortgage. For some, they may have work to do on their debt beforehand, but sometimes people believe their credit is poor, only to find that it isn’t as bad as they thought. It pays to seek help from a Jencor Mortgage […]

Everyone always wants the best interest rate, that’s a given, and yes, often a mortgage broker can get you a better rate from your very own bank than you can. Mortgage brokers also have access to a very large pool of lenders that cannot be accessed by the general public. Many of these are smaller, […]

When a broker places a mortgage for a client, they are a client for the life of the mortgage. We follow up with clients to provide advice on their current mortgage (s), for mortgage pre-approvals, renewals, etc. We keep the client up to date on mortgage news, mortgage changes, rate increases and how it pertains […]

Obtaining a mortgage requires extensive attention to detail. Clients are signing, initialling, accepting/declining products, etc. without understanding the “fine print” that could potentially cost them more money over the life of the mortgage. Transparency is essential when it comes to obtaining a mortgage and signing your name on “the dotted line”. An independent mortgage broker […]

We have lender relationships for those we can’t place with traditional lenders Not everyone has a perfect application for an ‘A’ type mortgage product. For example, self-employed individuals with lower taxable earnings or those with a bruised credit history may not fit under ‘A’ criteria.  There are still several lending options available for those who […]