Purchase Process

1. Pre-approval This part of the process is optional. However, it will help you find a house that meets your “list of requirements” and stays within your budget. We highly recommend you find out the maximum amount you can spend on a home before you go out looking. We know how easy it is to […]

Cannect and Bar Buca Feeding Our Front Line Workers

Supporting our community during COVID 19, one lasagna at a time. Recently we had the pleasure of working on a mortgage for a client who is an emergency room nurse. When we got to know them and what they do in detail, we were inspired by their hard and difficult work — especially during this […]

Cannect Mortgage Investment Corporation: #1 Reason to Invest

Is it time to Invest with the Cannect Mortgage Investment Corporation? Here is the one of the best reasons why now is the time. As you’ll see in the clip, the first reason is that Cannect has guaranteed $2M in our mortgage fund. This means that you as an Investor are insulated from any losses by a […]

Competition in the Canadian Mortgage industry

The following is a summary of some important points we have drawn from the above article which was produced by the Bank of Canada. It is important to note that this article was produced with the intent of identifying ways that Bank of Canada’s monetary policy would have a greater impact on Canadians. In short, […]

Personal loans vs mortgage loans: best for buying a home?

Buying a home is a major financial undertaking, and it’s no surprise that it’s easy to become overwhelmed. That’s why knowing the type of financial options available to you is so important. Fortunately, there are now more funding options than ever to help make your home ownership goals a reality. One of the most common […]

The Impact of B20 – New Underwriting Guidelines

OSFI – the regulator of all Canadian Financial Institutions has imposed underwriting guidelines for Residential Mortgages on all regulated lenders and CMHC. These underwriting guidelines are known as B20 and have been created at the insistence of the Financial Stability Board, the financial oversight organization of all G20 nations. The creation of these guidelines is […]