Mortgage advice

Everyone has an opinion. We have a plan.

From friends, family, or headlines—there’s no shortage of mortgage opinions. We’ll help you make sense of it and move forward with confidence.

Variable is where it's at!

Lock in now!!

Wait 6 months.

You should move fast!

This is too confusing.

Buy your first home

Switch your mortgage

Have experience & tailored advice by your side.

When you have someone who is in-the-know about navigating rate changes, and has also helped hundreds of folks purchase their homes, you get authentic and well-timed advice you can trust.

Here are our answers to questions we hear most:

First figure out how what you have available to use as a down payment, how much debt you have and your total annual income. Next, use our affordability calculator to get a sense of the type of home you can afford. Lastly, discuss with a Vancity mortgage specialist to review the numbers with you and have confidence in knowing what you can afford.

If you’re planning a home purchase and think you may have extra cash it’s always good to ensure that you save that for expenses like moving costs, legal fees, new furniture and an emergency fund. It’s beneficial to talk to our mortgage specialists who can help guide you on whether saving, investing or paying down debt would be in your personal best interest.

Here is a breakdown of the pre-payments options available to you:

20% lump sum once a mortgage year (not calendar year)
Monthly payment increase by up to 20% - this will account as part of the overall yearly lumpsum
Double up your scheduled mortgage payments at any time

This is a growing sentiment among Canadians, and we understand how difficult it can be to get into the market. Beyond having a financial plan, staying on top of your budget, and working with an advisor to ensure you are well positioned for when the right opportunity presents itself, here are some mortgage solutions to consider.