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. The report shows most people …

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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 the house that’s right for …

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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 financial image. When your business bank account shows you have a solid balance, and that you’re …

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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.   Top strategies to be mortgage-free: Increase the frequency of …

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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 can …

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