by elevation-entry | May 21, 2026 | Acreage & Rural
Hobby Farm Mortgages: What Qualifies? Dreaming of a few acres with some chickens, a garden, and maybe a horse or two? A hobby farm can be financed with a residential mortgage — but only if it meets certain criteria. Here’s how to know if your dream property...
by elevation-entry | May 21, 2026 | Acreage & Rural
Well and Septic Requirements for Rural Mortgages Buying a rural property in Alberta or BC often means dealing with private water and septic systems instead of municipal services. Lenders have specific requirements for these systems — here’s what you need to know...
by elevation-entry | May 21, 2026 | Mortgage Renewal
What Happens If You Miss Your Renewal Date? Life gets busy. Your renewal date passes, and you haven’t signed anything. What happens now? Don’t panic — but do act quickly. The Automatic Conversion If you don’t sign a renewal before your term ends,...
by elevation-entry | May 21, 2026 | Mortgage Renewal
Access Your Equity at Renewal Time Your home has probably increased in value since you bought it, and you’ve been paying down your mortgage. That combination means you’ve built equity — and renewal time is the perfect opportunity to access it without...
by elevation-entry | May 21, 2026 | Mortgage Renewal
Can You Switch Lenders at Renewal Without Penalty? The short answer: yes! When your mortgage term ends, you can switch to any lender without prepayment penalties. This is your one guilt-free opportunity to shop the entire market — and it’s often the smartest...
