Mortgage ServicesSherwood Park & Edmonton, Alberta

A fixed-rate mortgage locks in your interest rate for the entire term — typically 1 to 5 years — so your payments remain the same regardless of what happens in the market. A variable-rate mortgage fluctuates with the lender's prime rate: when rates fall, you pay less; when they rise, you pay more. Variable rates have historically averaged lower over time, but fixed rates provide certainty and peace of mind. We help you weigh your risk tolerance and outlook to choose the right option.

The minimum down payment depends on the purchase price. For homes up to $500,000, the minimum is 5%. For the portion of the price between $500,000 and $1.5 million, it is 10%. Homes priced at $1.5 million or more require at least 20% down, and mortgage default insurance is not available. With less than 20% down, mortgage default insurance (from CMHC, Sagen or Canada Guaranty) is required and the premium is usually added to your mortgage. First-time buyers and buyers of newly built homes may qualify for a 30-year amortization. We walk you through the numbers before you make an offer.

Yes — self-employed borrowers can absolutely qualify for a mortgage, though the process differs from salaried applicants. Lenders typically want to see 2 years of T1 General tax returns, Notices of Assessment, and business financial statements. Because self-employed income is often reported lower due to deductions, a licensed mortgage brokerage can identify lenders that understand business income, including alternative qualification programs where appropriate. Our accounting team can also prepare clear, accurate financial statements and tax filings that lenders can rely on.

A reverse mortgage lets Canadian homeowners aged 55 or older borrow against part of their home's value without regular mortgage payments while they live in the home. The amount available depends on your age, the property and its location. Interest accrues and is added to the loan, which is repaid when the home is sold or ownership transfers, so your remaining equity shrinks over time. To qualify, the property must generally be your principal residence and all titleholders must be at least 55. We explain the costs, fees and alternatives (such as downsizing or a HELOC) so you understand the long-term implications before proceeding.

A standard residential mortgage application typically requires: two pieces of government-issued ID, recent pay stubs (last 2–3 months) and a letter of employment, the last 2 years of T4 slips and Notices of Assessment, 3 months of bank statements showing your down payment funds, and details on existing debts (credit cards, car loans, etc.). Self-employed applicants will also need business financials. For a commercial mortgage, we'll need property financials, lease agreements, and corporate tax returns. We provide a complete checklist at the start of the process.

In your free initial consultation — available in person at our Sherwood Park office, by phone, or by video call — we review your financial situation, goals, credit profile, and timeline. We explain the general options, the documents you will need, and — if you want to proceed — refer you to a licensed mortgage brokerage for pre-approval. There is no obligation, no cost, and no pressure.