Buying a House in BC: Are You the Average First-Time Home Buyer?

How much are you planning to spend on your first home? How much are you going to put down, and how long do you think it’ll take you to be mortgage-free? You might be surprised by the statistics, but Kamloops mortgage brokers aren’t.

The Home Buying Report just released by BMO paints a portrait of the new first-time home buyer in Canada, and in BC, that picture is pretty different.


Buying a House in BC: Top 3 Things to Look for


House-hunting can be exciting. You’re walking through houses and painting yourself in the rooms, and it’s easy to get lost in the romance of it on the way to see your Okanagan mortgage broker. Since buying a house in Kelowna or any city in BC is also one of the biggest investments you’ll ever make, logic should also play a big part in your decision.

To help you choose t…

How Do You Get a Business Loan?

If you’re an entrepreneur, you understand the importance of seizing opportunities and taking chances. Whether you approach your banker or a private commercial lender like Kal-Mor Mortgages & Investments for a small business loan, you’ll have a better shot at getting it approved when you follow these tips.

Tips to getting a business loan approved

1. Work on your financia…

Tips to Become Mortgage-free Faster from a BC Mortgage Broker

Imagine if you didn’t have a mortgage. You could save for retirement, take those trips, maybe even buy a house in the Okanagan to summer or winter in. But first, you need to pay off your original mortgage.

Our Kelowna mortgage brokers help homeowners not only buy their houses, but pay them off faster with steps you can negotiate when you’re applying for a mortgage.



How to Buy a House if You Have Bad Credit: A Kelowna Mortgage Broker’s Advice

So, you’ve made a few mistakes and now you have bad credit but you want to buy a house. A bad credit rating might mean a “No” from the bank, but with a mortgage broker in Kelowna or Vernon, it means, ‘Let’s talk.”

Buying a house with bad credit is possible. With some expert advice from your Okanagan mortgage broker, a bit of tinkering on our end and some savings on your end, you…

Vernon Mortgage Broker Offers Six Tips on How to Save for a Down Payment

Saving for a down payment because you’re buying a house in Kamloops or Kelowna? While it might feel like a daunting task now, you’re closer than you think. As a Vernon mortgage broker serving home buyers across the Thomson-Okanagan, I’ve put together the top tips my clients have used to realize their dream of buying a house.

Six tips to save for a down payment:

1.      Open an…

Buying a house in Kelowna or BC? Okanagan housing market forecast is looking up


The Canada Mortgage and Housing Corporation (CMHC) predicts 2013 will see more new and existing home sales in Kelowna and BC, and even more real estate activity in 2014. What does that mean to you if you want to buy a house in Kelowna or Kamloops this year?

It means 2013 is still a good time to be a homebuyer in BC.

Even though CMHC predicts more homes will be built, listed…

Reverse mortgages in BC

Is your roof leaking? Do you have a bucket list of trips you’d like to take? For many homeowners over age 55, a reverse mortgage is the solution to securing money when problems or opportunities pop up later in life.

As baby boomers age in BC, reverse mortgages are becoming more and more common. Why? Because you can get the cash you need and keep your house.

How do reverse mortgages…

Okanagan Mortgage Broker Offers Mortgage Tips for First-time Home Buyers

Have you just decided to buy a house in Vernon? It’s an exciting time, but there’s also a big learning curve, especially for first-time home buyers. As an independent mortgage broker in Kelowna and Vernon, I always suggest taking time to understand mortgages before you even begin looking at houses in the Okanagan so you can quickly find the home that’s right for you.

Let’s talk a…

Vernon Mortgage Broker vs. the Bank: What’s the difference?

YOU KNOW THE NUMBER of bedrooms you need and the neighbourhoods you’d like to live in, but have you thought about where you’ll get your mortgage from? If you’re buying a house in the Okanagan, it’s good to understand the difference between Vernon mortgage brokers and the bank.

There used to be a time when everyone got their mortgage from the bank. Today, things are different. Peo…


Kal-Mor Mortgages and Investments Ltd.
#100 4007 - 27th Street,
Vernon, BC Canada
V1T 4X9

Phone: (250) 549 - 3250
Toll Free: (800) 567 - 5511
Cell: (250) 549 - 8109
Fax: (250) 549 - 3260


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