Lora Behm

Thinking About Buying a Rental Property? Here's What You Need to Know About Mortgage Rates.. Did you know rental properties usually come with higher mortgage rates? It’s true—and there’s a good reason for it. Lenders see rentals as riskier investments. Why? Well,...

Found the Perfect House, But It Needs Some Work? You know the one: perfect layout, amazing location—but the floors are dated or the kitchen is crying out for a remodel. Here’s something a lot of people don’t realize: You can actually borrow more money from the bank to...

Worried About Not Qualifying When Your Renewal Comes Up? You’re not alone—this is something I have hearing about a lot lately. With people coming up to renewal from COVID rates and higher interest rates these days, it’s a common concern. But here’s the good news: If...

Two Things That Can Seriously Impact Your Mortgage Approval     When it comes to getting a mortgage, most people focus on income, credit score, and down payment—but there are two other big factors that can affect your approval, and they often catch people off guard.  ...

Thinking About Buying a New Home Before You Sell Your Current One?   Here’s What You Need to Know:     It’s totally possible to buy a home before selling your current one—but it’s not something you want to jump into without a plan.     Yes, you can absolutely get...

Just Because You’re Pre-Approved Doesn’t Mean You Can Buy Any House So, you’ve been pre-approved for a mortgage—great! But here’s something a lot of people don’t realize: just because you are approved, doesn’t mean every house is. Yep, the property needs to be...

“Why Isn’t My Rate the Same as I Saw Online?”  This is probably the most common question I get as a mortgage broker—“Why isn’t my rate the same as the one I saw online?” It’s a totally fair question. With sites like RateHub and others advertising super-low rates, it’s...

Using Your Home Equity to Buy Property Abroad: A Growing Trend Lately, I’ve noticed an interesting trend among my clients—more and more are choosing to refinance their homes here in Canada to buy property somewhere else, especially in sunny destinations like Belize...

Understanding Mortgage Rates in Canada: What You Need to Know If you're thinking about buying a home or renewing your mortgage, understanding how mortgage rates work super important. In Canada, there are two main types of mortgage rates: variable and fixed and each...