Understanding Mortgages for Modular, Manufactured, and Mobile Homes Prefab homes are gaining attention across Canada as an efficient, affordable, and increasingly sustainable way to build. From modular designs to manufactured homes, pre-built housing offers faster construction, predictable timelines, and flexible layouts, but the mortgage process for these homes can look a little different. Whether you…
Not everyone earns their income the same way, and that is perfectly fine. Whether you are retired, self-employed, or earning extra through a rental suite or side business, that money can sometimes help you qualify for a mortgage. While many people think lenders only consider a traditional job paycheque, that is not always the case.…
Mortgage Porting: How to Take Your Mortgage With You! If you are moving to a new home in Alberta before your current mortgage term is up, you might worry about paying a costly penalty to break it. In many cases, there is another option… mortgage porting. This process allows you to transfer your existing mortgage,…
Life can change quickly. A new job, a growing family, a move to another city, or a shift in financial priorities can all lead you to consider breaking your mortgage before the term ends. While there can be good reasons to make this move, it is important to understand the potential costs and how they…
With housing prices on the rise, co-ownership is becoming a practical and increasingly popular way to buy a home. Whether you are partnering with a spouse, friend, or family member, sharing a home and the mortgage can make property ownership more attainable. At Canadian Mortgage Professionals, we help Canadians navigate this approach with clarity and…
Can You Trust Mortgage Rate Comparison Sites? Here’s What Alberta Homebuyers Need to Know When you are buying a home or renewing your mortgage, it is tempting to visit a mortgage rate comparison site to “shop” for the lowest rate. These websites often display extremely low numbers and promise quick quotes. At Canadian Mortgage Professionals,…
What to Expect in the Second Half of 2025 As we enter the second half of 2025, the Canadian housing market continues to shift in response to economic forces, policy adjustments, and evolving consumer behavior. Homebuyers and mortgage clients in cities like Calgary and Edmonton are asking the same questions: Will prices continue to rise?…
A 2025 Guide for First-Time Canadian Homebuyers Understanding mortgage terms is essential when you are buying your first home in Canada. The mortgage process can be confusing without the right information, especially in a fast-changing financial environment like 2025. At Canadian Mortgage Professionals, we specialize in helping first-time buyers in Alberta and across Canada make…
Why Mortgage Ethics Matter in Today’s Market At Canadian Mortgage Professionals, ethics are more than a guideline—they are the backbone of how we operate. For over 35 years, we have helped thousands of Calgarians secure their homes and financial futures, always putting integrity first. When you choose a mortgage broker, you deserve a partner who…
When Credit Vanishes: What You Need to Know About Protecting Your Credit Score Imagine logging into your credit report only to find your score has completely disappeared. That’s exactly what happened to several Canadians recently, according to a Yahoo News article. Equifax, one of Canada’s major credit bureaus, removed long-standing credit histories due to inactivity—leaving…