April Dunn

Mortgage Broker/Owner

The RED DOOR Mortgage Group – Mortgage Architects

Changing Lives: One Mortgage At A Time

Latest Blog Posts

Mortgage Approval Tips

Jan 25, 2022

How to avoid derailing your mortgage approval Even if you’ve been pre-approved by your bank or a mortgage broker, you could unwittingly derail your mortgage financing. Here are some mortgage approval tips to prevent that from happening. Here are four items that could...

Lock-in your variable rate mortgage

Nov 15, 2021

Is it time to lock-in your variable rate mortgage? Amid soaring inflation, the Bank of Canada has hinted that the first interest rate hike could take place as soon as the April-to-June quarter of 2022. Analysts had previously expected rates to begin rising from record...

Reverse Mortgage Myths

Oct 9, 2020

A reverse mortgage is a way for homeowners 55 or older to turn up to 55% of the value of their home into tax-free cash. It’s a loan secured against the value of the home, but unlike a traditional home equity line of credit or a conventional mortgage it does not...

Mortgage Deferral Changes

Sep 11, 2020

OSFI, Canada’s banking regulator, is ending the special regulatory treatment they gave banks so they could offer mortgage deferrals for up to six months. The changes are effective immediately and, until the end of September, any mortgage deferrals granted will only be...

Is it a cottage or cabin?

Aug 28, 2020

Rather than COVID-19 slowing down the real estate market, due to pent-up demand or the desire to get away from crowds, the vacation property market is hot in many areas. Retirees and baby-boomers are driving vacation property purchases but here in B.C. professional...

Investing In Real Estate

Oct 28, 2019

Purchasing and investing in real estate has always been attractive for those that are looking to generate additional income and benefit from the wealth created with increases in property values over time. Have you wondered if investing in real estate right for you?...