PEI Mortgage Guy | Get the Best Rates on PEI and Expert Advice

Soubhi Abla || February 23, 2022

Understanding Credit Score Calculation

Understanding Your Credit Score Have you ever wondered what impacts your credit score? Here's what impacts it..... 35% Payment History – Make a payment or miss a payment. It’s on your file30%...

Soubhi Abla || February 16, 2022

What exactly is HIGH RATIO or INSURED mortgage?

What exactly is HIGH RATIO or INSURED mortgage?A mortgage that exceeds 80% of the purchase price This type of mortgage must be insured by CMHC (Canadian Mortgage and Housing Corporation), Canada...

Soubhi Abla || February 16, 2022

Pre Approval vs Pre Qualification

Pre Approval vs Pre QualificationWhat's The Difference?A Pre Approval is when you send me income documents, we verify your down payment, and we go through your credit report with a fine tooth...

Soubhi Abla || January 27, 2022

The Bank of Canada Left Rates Unchanged. Now What?

The Bank of Canada may have raised its inflation forecasts, but it didn’t raise interest rates this week as many had expected. At its first rate policy meeting of the year,...