We often receive questions regarding Mortgage Insurance and generally, one is “Can Mortgage Insurance be paid Upfront?” If you are unable to put a down payment of at least 20% of the cost, then you will be required to get Mortgage Insurance. Mortgage Insurance was...

We get asked a lot — What is Genworth (now known as Sagen)?.   What is Genworth? Genworth is a Mortgage Insurance Underwriting firm and is the largest private residential mortgage insurer in Canada. It provides mortgage default insurance to Canadian residential...

So you have decided to start saving up for your first home purchase?  Well, rest assured you can still find the funds to purchase your home. We know that it can be overwhelming when trying to decide what to do and where to go. But what is a mortgage? It is a collateral loan taken...

What are the different mortgage types you ask? When it comes to getting a mortgage it is good to know that there are several different mortgage types you can get based on your own specific needs. Here at The Mortgage center, our brokers are trained to choose the best mortgage...

When looking at getting a mortgage most people want to know which bank has the best interest rates and believe that would be the best bank to go with.  Here at Team Jardine, we understand the importance of getting a great interest rate however, we also know that there is much...

Wondering if you can get a mortgage without a down payment? The simple answer to this question is yes but no. Though there may be some advertisements out there stating NO DOWN PAYMENT, buyer beware!!!  Here in New Brunswick technically speaking you must have at least 5 % to put...

So if you have noticed that you are paying an insurance premium on your mortgage and are wondering what it is and why you have no choice in this insurance option. This is called default insurance. Mortgage default insurance protects the lender from losing out should a mortgage...

Have you ever thought of building your dream home but have no idea how to finance it?  Well then a construction mortgage may be just the thing for you! We can help you understand the terms that will come with a construction mortgage and answer any questions you may have regarding...

If you are trying to choose between a fixed or variable rate, it can seem to be a daunting task.  That is where we come in to help you choose the best option for you and your own personal situation.  The first step is understanding what a variable rate vs a fixed rate is. A...

Common sense tells us to purchase home insurance so if anything such as a fire should happen you are protected by your insurance. What if something should happen to you and you are no longer able to make your mortgage payments?  This is where Mortgage Life and Disability...