Mortgage Connection Calgary
1417 9 Ave SE Calgary Alberta T2G 0T4 587.316.2254
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Reminder mortgage payment marked in calendar with banknotes

What Happens if You Miss a Mortgage Payment?

You have bought your first home, are starting your mortgage payments, and are now beginning one of the biggest investment journeys you will make in your lifetime. Now that you’re all settled in, sometimes things can get missed because life gets in the way. No one intentionally misses a mortgage payment, but it can happen. […]

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A piece of paper of poor credit score report on a table with a calculator and a ledger.

Can You Get a Mortgage with Bad Credit?

Applying for a mortgage can be a complicated task with some restrictions involved. Having bad credit can complicate your application but does not mean you cannot get a mortgage.  Knowing what affects your credit can help you understand how your credit is scored and what that means for your financial future. When you have bad […]

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A mortgage broker helps the couple understand the contract and their options with regard to porting a mortgage.

Porting a Mortgage: Your Guide

You’ve decided it’s time to move. You have a current mortgage, you’re only a couple of years into your term, you have an amazing interest rate, market rates are on the rise, and you’re not sure what to do. Help!  Porting your mortgage could be the solution you’re looking for. We’ve created this informative guide […]

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A wooden miniature model of houses and a red zigzag wooden arrow pointing upwards indicate higher rates.

What Is Trigger Rate and How Does It Affect Your Mortgage?

The Bank of Canada is raising interest rates left, right, and center. Many Canadians are feeling the impact of this increase on their day-to-day finances, especially those with variable-rate mortgages.  If you have a variable-rate mortgage, you may be approaching your trigger rate. But what exactly is a trigger rate, and how does it affect […]

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A calculator and model home sitting on top of a mortgage application form with "approved" stamped in red on top.

How Many Mortgages Can You Have at Once?

Managing Multiple Mortgages There are many reasons you might consider a second mortgage or multiple mortgages. Whether you have your eye on a vacation property or want to invest in real estate, knowing what’s possible is crucial when managing your finances.  But after a second mortgage, where’s the limit? How many mortgages can you have […]

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A young couple smiling while they hold the keys to their new house

Can I Get a 30-Year Mortgage in Canada?

Purchasing property can feel overwhelming, especially if you’re doing it alone.  Not only will you take on a large chunk of debt (in the form of a great investment), but you’ll become responsible for managing all the expenses and upkeep associated with the property. With so many options available, how do you know what’s right […]

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A key in a lock with a small house attached as the keychain

Can a Business Get a Residential Mortgage?

Mortgaging a property can be a compelling long-term business strategy. If you’re looking for a space to operate your business, you may consider a mortgage to reduce your upfront costs. Businesses mortgage commercial properties such as offices or retail spaces to conduct business. But can a company take out a mortgage on a residential property […]

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A notepad with the words "variable rate mortgage" written on the page beside a drawing of a hand holding a small house

Can You Lock in a Variable Rate Mortgage?

Locking in a Variable Rate Mortgage Variable-rate mortgages can be appealing when interest rates are low because they can allow you to pay off your mortgage faster. You may choose a variable rate when renewing your mortgage or as a first-time buyer finding the right mortgage for you. Variable rates offer more flexibility but also […]

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