A Team of Experts
Get expert tips and guidance from a community of renown personal finance experts right here at Loans Canada. We're here to help you stay informed so you can make the best financial decisions.
Featured Articles
Latest Mortgage Basics Articles
Mortgage Documents Checklist Canada 2026: Everything You Need For Your Application
By Caitlin Wood, BA
Updated on June 4, 2026
Get the full Canadian mortgage documents checklist for 2026: ID, income, down payment, property docs, and what self-employed buyers, newcomers, and re...
The Canadian Mortgage Stress Test In 2026: How It Works And How To Pass It
By Caitlin Wood, BA
Updated on June 3, 2026
Canadian mortgage stress test 2026: qualify at 5.25% or contract rate + 2%. See who's exempt, the Nov 2024 renewal carve-out, and how to pass.
What Happens If You Miss A Mortgage Payment?
By Lisa Rennie
Updated on September 12, 2025
Missed a mortgage payment in Canada? Learn about late fees, credit score impact, foreclosure, and the steps you need take.
When Is The Best Time To Buy A House?
By Lisa Rennie
Updated on January 29, 2025
Learn how to determine whether or not it's a good time to purchase a house.
Mortgage Broker Vs Bank: Who Should You Work With?
By Shari Talbot
Updated on December 20, 2024
In the market to purchase a house? Can't decide between using a mortgage broker vs a bank? This article is for you.
Open vs. Closed Mortgages
By Lisa Rennie
Updated on December 16, 2024
What are the differences between open and closed mortgages? What advantages and disadvantages does each offer? Read on to find out.
Features You Want To See In Your Mortgage Contract In 2026
By Bryan Daly
Updated on December 11, 2024
When it comes to purchasing a house, it's important that you understand your mortgage contract and make sure it includes all the features you want.
Best Option: Rent Or Buy A House In Canada?
By Bryan Daly
Updated on November 18, 2024
Trying to decide between buying and renting? We have all the advantages and disadvantages for you, keep reading.
Should You Pay Property Taxes Through Your Mortgage?
By Lisa Rennie
Updated on November 8, 2024
How much do you have to pay in property taxes, and should you opt to have these payments included on your mortgage payments?
Pre-Delivery Inspection (PDI) Checklist
By Lisa Rennie
Updated on November 4, 2024
A detailed list of everything you should be on the lookout for during a pre-delivery inspection (PDI) for a new build house.
The Hidden Costs Of Buying A House In Canada
By Bryan Daly
Updated on October 8, 2024
We all know that buying a house in Canada can be very expensive, but did you know about all the hidden costs? Keep reading to learn more.
What Is A Mortgage Gift Letter And Do You Need One?
By Corrina Murdoch
Updated on September 6, 2024
A mortgage gift letter is a document that verifies that the gift money you receive is, in fact, a gift that you do not have to repay.
