Mortgage & Wealth Strategies

Say Hello To The Easiest Way To Mortgage

Mortgage and Wealth strategies

Beyond The Rate

As expert mortgage brokers, we know building wealth through homeownership and achieving financial freedom is about more than just chasing the lowest rate—it’s about strategy.

We're taking you behind the scenes and giving you the insider tools and powerful strategies to get ahead. If you’re a first-time homebuyer, you’ll find everything you need to secure your first property and start building wealth from day one.

If you’re an existing homeowner, this is where you take control. Maximize the wealth-building potential of your current home with proven strategies for refinancing, leveraging equity, and optimizing your mortgage for bigger opportunities.

Your mortgage is more than a loan—it’s a gateway to long-term financial success.

Our goal is simple: to equip you with the knowledge and tools to make smart, strategic decisions that will transform your financial future.

Let’s get started.

How to Buy a Home When You're 25

May 30, 2023 | Posted by: Matt Broom-Hall

By the numbers, Jenna is a typical Millennial: she’s 25, she graduated from university 2 years ago, and she pays $321 in student loan debt every month. Her interests include bike riding, guitar, Saturday brunch and beer tastings. She’s a sales manager for an international food distribution company and she rents an apartment in downtown Calgary, Alberta.

One thing that is not typical about Jenna: she just bought a house. With lots of news coverage about how Millennials can’t afford to buy homes, it might seem like Jenna is ahead of the curve. I asked her why and how she did it.

 
How to buy a home when you

Saving money was the biggest reason.

“My friend Mike just bought a house and his mortgage is $300 less than his rent! When I heard that, I was definitely interested.” Jenna said. She currently pays $1,440 a month in rent.

She already saved enough for a 5% down payment.

Jenna tapped into a financial calculator to figure out if she should buy now or wait to save for a bigger down payment. “My dad really wanted me to save enough to put 20% down. But I showed him that it could take me 8 years to save that much money! In that time, I could build up $63,000 in equity or spend $140,000 in rent payments,” Jenna explained.

Student loan debt was an advantage.

Jenna has been conscientiously paying her student loan every month since she graduated in 2019. “My mortgage broker said that because I have been paying consistently, it worked in my favour and boosted my credit score. He also said that I can obviously stay focused and live within a budget,” she said.

Credit history started when she was 18. 

Thanks to her mom’s advice, Jenna applied for a credit card when she just turned 18, used it and then paid it off every month. Jenna’s credit score is now in the high 700's.

Mortgage insurance was her friend. 

Jenna explained, “Okay, one of the reasons my dad wanted me to save for a 20% down payment was so I would avoid paying mortgage insurance. Maybe I could have put more down, but I didn’t want to deplete my savings. What if something breaks in my new house? Or what if I want to buy a new sofa? So mortgage insurance helped me buy my house with only 5% down.”

Back to Main Blog Page