Chris Heidt - Tekamar Mortgages Ltd.

03/18/2026

Some good news for 1st time buyers, (though I have yet to have a first time buyer buy a brand new home) it could happen!

12/25/2025

Merry Christmas Everyone!

10/29/2025

My apologies for being so quiet on my Facebook business page for so long.... 😕

With 36 years of lending experience, 33 years right here in Armstrong and 20 of those as your independent local Mortgage Broker, I just assumed you all knew and remembered me....😂
Well, guess what? I'M STILL HERE!!
I am still providing mortgage financing and advice for Everyone!
First time buyers, Existing owners looking to upsize, downsize, renovate or consolidate, Repeat buyers, Vacation or 2nd home buyers, Investors and even Retirees seeking a reverse mortgage,
I can do it ALL!
Give me a call or email to discuss your mortgage needs or get your mortgage questions answered, I am here to HELP!

07/01/2025

05/11/2025

Thank you to this amazing community for your support right from the start!

🎉 This May marks 20 Years of Chris Heidt serving the community with Tekamar Mortgages in Armstrong — and an incredible 35 Years in the Lending Industry!

Chris has been a trusted name in helping families, individuals, and businesses find the right mortgage solutions, with honesty, integrity, and heart.

Here’s to two decades of dedication with Tekamar and over three decades of expertise in lending!

Congratulations, Chris!

MortgageExpert

12/25/2024

Merry Christmas & Happy New Year Everyone!!

12/17/2024

Some better Govt Mortgage News,
2 programs to increase rental suites starting January 15th 2025...

Homeowners will be able to refinance their mortgages up to 90% of their home’s post-renovation value (up to $2 million) and amortize the loan over 30 years to add rental suites(s)

AND...Home owners can borrow up to $80,000 @ 2% over 15 years from the Federal Govt To make it easier for homeowners to finance the creation of rental units on their property, such as basement suites or laneway homes.

There are of course rules and restrictions and we are awaiting clarification of those. I will keep you posted. 🏠🏡🏘️

12/16/2024

So, I am more than a little frustrated...

"Government announces boldest mortgage reforms in decades to unlock homeownership for more Canadians" or so it says on the Govt website..

Let Me Clarify these "New Mortgage Rules/Reforms" just announced in Canada. Unfortunately they are of little to no benefit to the "average" Canadian.

1) You now can buy a home of up to $1.5 million with as little as 5% down payment. You previously needed 20% down for any home home valued over $1 million.

What they don't tell you is that you would need an annual income of approx $320,000 to qualify for a $1.5 million purchase with only 5% down payment, at todays rates amortized over 25 years.
(Less than 1% of Canadians make over $300,000 per year, and only about 3% make over $150,000 if we were are talking a couple)

2) Now a First Time Buyer can get a 30 year mortgage amortization instead of 25 years, which can either reduce your payments or let you qualify for a slightly larger mortgage.

Clarification!
This was originally just for a "Brand New Home" Purchase, BUT after significant backlash this now applies to all homes bought by First Time buyers.
Whoopee, sometimes they do listen to us!!

These "New Mortgage Rules" are just more political posturing & advertising but at least we get a tiny bit of additional help for First Time Buyers!

06/05/2024

So the Bank Of Canada has lowered its key interest rate by .25%.
Its all over the media like its the greatest thing in the world, But what does it really mean for you?

The Bank of Canada has lowered its key interest rate by a quarter of a percentage point to 4.75 per cent. Here's what it could mean for your finances.

06/05/2024

So the Bank Of Canada has lowered its key interest rate by .25% today, the first drop in 4 years...This is a good sign that the bank thinks inflation is finally under control, But what does this really mean for you?

The Bank of Canada has lowered its key interest rate by a quarter of a percentage point to 4.75 per cent. Here's what it could mean for your finances.