Blog
Blog
At Indi Mortgage we know how complex and confusing the process for attaining a loan can be. It can also be difficult to understand what type of loan you need, and whether or not a second mortgage is a good idea. On this blog we provide resources that will help you understand the different types of mortgages, rates, and reasons to get mortgages. If you have any questions or would like to schedule a consultation, please contact us.

Why Banks Turn Down Loans
If you’re hoping to get a loan, you might be worried about having your application rejected. Or you might have already been turned down by

The Basics of Getting a Second Mortgage
A common question we hear often is “how does a second mortgage work?” and these questions are usually followed by requests for more specific details.

All You Need to Know About Mortgage Prepayment Penalties
Surprisingly, many mortgage loans have prepayment penalties that restrict your flexibility and even drain your bank account merely for trying to manage your money correctly.

First-time Home Buyer Incentive 101
Buying your first house is a significant milestone in a person’s life. Unfortunately, it can be a somewhat intimidating application process that hedges on whether

Mortgage Approval in 2022: Credit Score Requirements
Depending on the lender, a credit score of between 620 and 680 would be the minimum viable requirement in order for you to be approved

Five Most Important Questions to Ask About Your Mortgage
If you are ready to buy a home, one of the most important things you will need to do is secure a mortgage. With so

The Best Way to Monitor Mortgage Rate Changes
Purchasing a home is likely the most significant investment you will ever make. Most Canadians will take out a mortgage to cover the majority of

How Are Mortgage Interest Rates Calculated?
Your mortgage rate is important. If you get a lower rate, you could save a significant amount of money over the life of your mortgage.
Mortgage Basics
Home Buying Tips
Refinancing & Renewal
Credit & Financial
Market Updates & Local Insights

Why Banks Turn Down Loans
If you’re hoping to get a loan, you might be worried about having your application rejected. Or you might have already been turned down by

The Basics of Getting a Second Mortgage
A common question we hear often is “how does a second mortgage work?” and these questions are usually followed by requests for more specific details.

All You Need to Know About Mortgage Prepayment Penalties
Surprisingly, many mortgage loans have prepayment penalties that restrict your flexibility and even drain your bank account merely for trying to manage your money correctly.

First-time Home Buyer Incentive 101
Buying your first house is a significant milestone in a person’s life. Unfortunately, it can be a somewhat intimidating application process that hedges on whether

Mortgage Approval in 2022: Credit Score Requirements
Depending on the lender, a credit score of between 620 and 680 would be the minimum viable requirement in order for you to be approved

Five Most Important Questions to Ask About Your Mortgage
If you are ready to buy a home, one of the most important things you will need to do is secure a mortgage. With so

The Best Way to Monitor Mortgage Rate Changes
Purchasing a home is likely the most significant investment you will ever make. Most Canadians will take out a mortgage to cover the majority of

How Are Mortgage Interest Rates Calculated?
Your mortgage rate is important. If you get a lower rate, you could save a significant amount of money over the life of your mortgage.