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

Soubhi Abla || January 18, 2018

Pre-Payments

What are Pre-Payments?Pre-Payments are additional payments outside of your regular monthly mortgage payments. Why might you want to pre-pay? To knock down the principal on your mortgage, and pay off...

Soubhi Abla || December 19, 2017

Consider getting pre-approved before January 1, 2018

There is not a lot of time left. New home buyers may want to consider getting a pre-approval before the new rules come into effect on January 1, 2018. Some lenders have already implemented the new...

Soubhi Abla || November 14, 2017

The nasty "R" word...

Ask any Mortgage Broker you know, about the "Rate", and they will cringe... That seems to be a common trend these days. Everyone always talking about who has the best rate. What if I told you that...

Soubhi Abla || November 07, 2017

Don't stress over the new mortgage "stress" test

As you probably know, the mortgage rules are changing once again, effective Jan.1, but if you’re looking to buy a home, the time to act is now.It’s expected that many federally-regulated lenders will...