April Dunn
Mortgage Broker/OwnerThe RED DOOR Mortgage Group – Mortgage Architects
Changing Lives: One Mortgage At A Time
Latest Blog Posts
Buyer beware: How purchasing property from a non-resident of Canada could leave you with a hefty tax bill
If you’re buying a house or condo and you suspect that the current owner from whom you are purchasing the property is a non-resident of Canada, you could be personally liable for the vendor’s Canadian capital gains tax if you don’t take certain precautions. Indeed,...
Interest Rate Update May 2018
Here is our interest rate update for May 2018. As you know, your variable rate mortgage, line of credit and/or student loans are all based on the Prime Rate and here is your personal update from me on the recent Bank of Canada announcement on changes to their...
Reverse Mortgage Myths
What is a reverse mortgage? Let's demystify reverse mortgage myths. 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...
Interest Rate Update October 2017
Interest Rate Update October 2017 The leaves are falling, but the sky is not! We know this year has had a lot of changes in the lending landscape, so let’s chat about what this means for you! As you know, your variable rate mortgage, line of credit and/or...
More Mortgage Changes
There isn’t much doubt that more significant mortgage rule changes are on the way perhaps as early as October 2, 2017. Canada’s banking regulator OSFI (the Office of the Superintendent of Financial Institutions) is further attempting to cool down certain hot...
New Mortgage Stress Test
This video explains the changes the Canadian government has recently made to how Canadians qualify for insured mortgages. They have instituted what is being called a “stress test” for your mortgage.
Start Your Mortgage Process From The Comfort Of Your Own Home
Just Getting Started?
Exciting times! Let’s find out how much you’ll be able to afford once you decide to buy.
I Have A Specific Home In Mind
Great! Let’s find out whether you’ll be able to afford to buy it!
I Want To Refinance My Home
No problem! Let’s find out how much you could take out.