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Scheduled Maintenance for Purview

Purview® will be down during the following period. Friday, July 21st – 10:00PM to Saturday, July 22nd 1:00AM This outage is to prepare for network and storage migration on the weekend of July 27th. We apologize for any inconvenience this may cause. Have any questions? Call 1.855.787.8439 or email purview@teranet.ca

The Difference Between Assessing Sales Comps When Dealing with a Bank vs a Private Lender

When working with a bank vs a private lender, there are nuances in common. There are also some key differences in the underwriting process and as it relates to requirements. Many bank mortgages are insured through high ratio insurers, so the bank will rely on their acceptance of the property’s value, coupled with their own AVM (automated valuation model), which Continue Reading

Ontario Mortgage Broker Feedback Post Last Year’s Mortgage Regulations

In the last few years, all levels of government have maintained a concentrated focus on looking at and implementing measures to protect Canadians from a housing crash the likes of which we saw in the U.S. in 2008. Some measures have included reducing the length of amortizations of mortgages, increasing down payment requirements on some purchases, and limiting what refinance Continue Reading