by elevation-entry | May 21, 2026 | Refinance & HELOC
Understanding Mortgage Prepayment Penalties Want to refinance, but worried about the penalty? You should be — prepayment penalties can be significant. But sometimes they’re worth paying, and sometimes there are ways to minimize them. How Penalties Are Calculated...
by elevation-entry | May 21, 2026 | Refinance & HELOC
Debt Consolidation Through Refinancing Credit cards at 19.99%. Car loans at 7%. Lines of credit at 8%. Meanwhile, your mortgage is at 5%. Does rolling all that debt into your mortgage make sense? Often, yes — but let’s look at the full picture. The Rate...
by elevation-entry | May 21, 2026 | Refinance & HELOC
How Much Equity Can You Access? Your home is likely your largest asset, and over time, you’ve built up equity through payments and appreciation. How much of that equity can you access? Here’s the math. The 80% Rule Through a refinance, you can typically...
by elevation-entry | May 21, 2026 | Acreage & Rural
Off-Grid Properties: Can You Get a Mortgage? The appeal of off-grid living is growing — especially in BC’s Kootenays and rural Alberta. But can you finance an off-grid property with a traditional mortgage? The answer depends on several factors. What...
by elevation-entry | May 21, 2026 | Acreage & Rural
Appraisal Challenges for Remote Properties Appraisals can be tricky for rural and acreage properties. Unlike urban homes where comparable sales are plentiful, remote properties often have few similar properties nearby. Here’s what to expect and how to prepare....
