favicon.png

CLICK MORTGAGE

Click Button. Get Mortgage.
Licensed with Quantus Mortgage Solutions

  • Services

    • Mortgage Pre-Approvals
    • 2022 Home Buyers
    • Mortgage Renewals
    • Motgage Refinance
    • Self-Emloyed Mortgages
    • Debt Consolidation Mortgages
    • New to Canada Mortgages
    • Home Equity Lines of Credit
    • Private Mortgages
  • Service Areas

    • Revelstoke
    • Calgary
    • Golden
    • Fort McMurray
  • Calculators

  • Blog

  • About

    • Contact
    • Team
    • Google Reviews
    • FAQ
  • More

    Use tab to navigate through the menu items.
    Apply Online
    • All Posts
    • Jargon for Nerds
    • First Time Home Buyer
    • Home Buyer Essentials
    Search
    Terms and conditions
    Andrew Sikomas
    • 2 min

    Terms and conditions

    The features and fine print that affect your total cost of borrowing. TL;DR: there are many factors besides the interest rate that will...
    Home inspection
    Andrew Sikomas
    • 2 min

    Home inspection

    Just do it. TL;DR: If you're looking for a shortcut on reading this article then you should definitely read this article! It is easy to...
    Mortgage options when buying and selling
    Andrew Sikomas
    • 4 min

    Mortgage options when buying and selling

    Break, or port? Port and blend? Blend and extend? All explained here. TL;DR: you can pay to break the mortgage and take a new one, or...
    Other monthly expenses to think about
    Andrew Sikomas
    • 3 min

    Other monthly expenses to think about

    Besides the mortgage payment, there are other costs you will encounter that should be considered. TL;DR: besides your mortgage payment,...
    Property taxes
    Andrew Sikomas
    • 2 min

    Property taxes

    If you own property, you pay property taxes. TL;DR: property taxes are a guaranteed part of property ownership. The annual levy is based...
    Condo fees
    Andrew Sikomas
    • 2 min

    Condo fees

    Your monthly contribution to maintaining and insuring shared property TL;DR: Home buyers who opt for a condo will have to pay a monthly...
    Andrew Sikomas
    • 2 min

    Title insurance

    A necessary transaction cost which protects against title issues TL;DR: Title insurance is a type of insurance policy which protects...
    Real Estate Lawyers
    Andrew Sikomas
    • 2 min

    Real Estate Lawyers

    TL;DR: When you buy a home you will need to hire a real estate lawyer. Your lawyer will ensure the paperwork is done correctly, your...
    Appraisal
    Andrew Sikomas
    • 3 min

    Appraisal

    There is a value determination on every single mortgage transaction always TL;DR: As the title suggests, an appraisal is a determination...
    Andrew Sikomas
    • 3 min

    Default insurance (CMHC insurance)

    Default insurance is expensive but useful (and often required!) TL;DR: you need this if you have less than a 20% down payment. You...
    Andrew Sikomas
    • 4 min

    Down payment

    The down payment is the amount of money that you put forward when you buy a home. Mortgage Down Payment The down payment is the amount of...
    Andrew Sikomas
    • 3 min

    Qualifying to buy a home - the 40,000 foot view

    A general overview of buying a home and what gets looked at to qualify. TL;DR: if you were going to lend hundreds of thousands of dollars...
    Andrew Sikomas
    • 4 min

    Pre-approval

    Thinking of buying a property, but don’t know where to start? Well… that’s where a mortgage pre-approval comes in. Start here. TL;DR: a...
    Andrew Sikomas
    • 2 min

    Finding the right home without blowing your budget

    Responsible home ownership includes knowing what you can comfortably afford, setting a budget, and buying within it. If you have been...
    Credit Score
    Andrew Sikomas
    • 4 min

    Credit Score

    TL;DR: Closing an old un-used credit account might hurt your score; your score will go up or down for a variety of reasons; a good credit...
    Credit Checks
    Andrew Sikomas
    • 2 min

    Credit Checks

    Is it really necessary to pull credit? Will it hurt me? TL;DR: Yes, it is necessary. And generally, no, it won't hurt you. But it can...
    Considering a subject-free offer?
    Andrew Sikomas
    • 3 min

    Considering a subject-free offer?

    If you're in the market for a new home in 2022, in just about any market in Canada, there's a good chance you may be facing some stiff...
    RRSP Home Buyer's Program
    Andrew Sikomas
    • 5 min

    RRSP Home Buyer's Program

    TL;DR: you can take up to $35k/person out of your RRSPs tax-free to buy your first home. You pay back your RRSP over 15 years, or you pay...
    Deposit with offer vs down payments
    Andrew Sikomas
    • 3 min

    Deposit with offer vs down payments

    TL;DR: a deposit with offer is a show of seriousness when you're negotiating an offer to purchase a property, while the down payment is...
    How much does it cost to buy a home? Learn all about closing costs.
    Andrew Sikomas
    • 7 min

    How much does it cost to buy a home? Learn all about closing costs.

    TL;DR: Budget about 1.5% of the home price, over and above your down payment. That number will be different (possibly very different) for...
    1
    2

    Call or text

    250-837-3222

    403-454-3233

    ©2021 Click Mortgage