Found 3 blog entries tagged as Lending.

Very excited to launch our first ever Holland Hot Seat session with Mortgage Broker Michelle Lapierre of Mortgage Tailors. After a similar session with our own office we wanted to start a series reaching out to colleagues and friends for their take on real estate, industry and life. In this episode Kerri-lynn and Michelle discuss the historically low mortgage interest rates, how they should affect your purchasing decisions and what we might be seeing come 2021. 



Michelle Lapierre is a Mortgage Broker with Mortgage Tailors and she is passionate about making the mortgage process a pleasant and empowered experience. She brings skills from a 10 year career in finance and professional sales to provide clients with top notch service. Michelle…

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On June 3rd, Canada Mortgage and Housing Corporation (CMHC) took the mortgage industry by surprise when they announced significant changes to their underwriting guidelines, effective July 1st. We’ve teamed up with Mortgage Associate Michelle Lapierre of Mortgage Tailors to share a breakdown of some of the changes and how they’re impacting buyers. Here’s her advice:

These will impact buyers with less than 20% down. The following week the other two mortgage default insurers in Canada, Genworth and Canada Guaranty, announced they would not be following the same tightening measures. This has taken most of the impact out of CMHC's changes, as lenders will just send files that do not fit CMHC's tighter measures to the two insurers that allow them. That…

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COVID-19 is impacting all areas of our lives right now, including mortgages and the current lending environment. We’ve teamed up with Mortgage Associate Michelle Lapierre of Mortgage Tailors to share a breakdown of some of the mortgage questions that are popping up in recent weeks. Here’s her advice: 

Is Real Estate Open?

Yes, real estate is still considered an essential service in Alberta and realtors, mortgage lenders, appraisers, and lawyers are allowed to be working right now. And, YES, people are still buying and selling homes right now. Wherever possible our industry members are meeting and working remotely and when in-person work is required, there have been adaptations to make it as safe as possible. Recent changes in real estate include…

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