Alana DeLong Mortgages

Alana DeLong Mortgages From the initial meeting with Alana, you will feel at ease with her professionalism and her very personable and sparkling personality.

We love doing our job and helping clients find the right solution! ❤️
07/23/2026

We love doing our job and helping clients find the right solution!

❤️

Renewing your Mortgage is the topic of the yearOver 60% of Canadians just auto-renew with their current lender — often a...
05/28/2026

Renewing your Mortgage is the topic of the year

Over 60% of Canadians just auto-renew with their current lender — often at higher rates!

At renewal:

• You can renegotiate
• Switch lenders
• Restructure your mortgage

Let your Mortgage Professional do the research for you and see what best suits you!

📌 Start planning 4–6 months early.
💡 Loyalty doesn’t always equal savings.

Amortization = Long-Term LeverageLonger amortizations lower payments — but increase interest paid.📊 Example:• 30-year am...
05/25/2026

Amortization = Long-Term Leverage

Longer amortizations lower payments — but increase interest paid.

📊 Example:
• 30-year amortization = better cash flow
• 25-year amortization = less interest over time

💡 Smart borrowers use:
• Accelerated payments
• Annual lump sums
• Step-up payment options

👉 Flexibility now + discipline later = best outcome.

CLOSING COSTS CAN CATCH YOU OFF GUARD!Your down payment is not your only upfront cost.Ontario buyers should budget for:•...
05/21/2026

CLOSING COSTS CAN CATCH YOU OFF GUARD!

Your down payment is not your only upfront cost.

Ontario buyers should budget for:

• Land Transfer Tax (double in Toronto)
• Legal fees
• Title insurance
• Adjustments (taxes, utilities)

💡 Rule of thumb: 1.5%–4% of purchase price.
👉 Knowing this early prevents last-minute stress.

Soaking up the sunshine and all the sweetness spring brings. ☀🌻 This time of year just feels like turning the page to so...
04/23/2026

Soaking up the sunshine and all the sweetness spring brings. ☀🌻
This time of year just feels like turning the page to something new.

Thinking about making a move?
I'm always here to help when you're ready!💓

❤️

Mortgage Insurance Isn’t Always a Bad ThingMany buyers try to avoid mortgage insurance, but it can actually provide bene...
03/19/2026

Mortgage Insurance Isn’t Always a Bad Thing

Many buyers try to avoid mortgage insurance, but it can actually provide benefits.

Insured mortgages often receive:
✔️ Lower interest rates
✔️ Better lender options
✔️ Easier approval guidelines

📌 Mortgage insurance is required when putting down less than 20% in Canada.

💡 In some cases, the lower rate offsets much of the insurance cost.

Happy St. Patrick’s Day! ☘️May your day be filled with a little luck, a lot of laughter, and maybe even finding the pot ...
03/17/2026

Happy St. Patrick’s Day! ☘️

May your day be filled with a little luck, a lot of laughter, and maybe even finding the pot of gold at the end of the rainbow.

If buying a home is part of your lucky plans this year, I’m always here to help make the journey a little smoother.

Wishing everyone a safe and happy St. Paddy’s Day!
🍀

Your Debt Ratio Matters More Than IncomeMany buyers assume a higher income automatically means a bigger mortgage approva...
03/16/2026

Your Debt Ratio Matters More Than Income

Many buyers assume a higher income automatically means a bigger mortgage approval. Not necessarily.

Lenders focus on debt service ratios, which measure how much of your income goes toward housing and other debt.

📊 Two key ratios lenders use:
• GDS (Gross Debt Service) – housing costs vs income
• TDS (Total Debt Service) – housing + all debts vs income

💡 Car loans, credit cards, and lines of credit can dramatically reduce borrowing power.

👉 Paying off a small loan before applying could increase your mortgage approval more than you expect.

Buying an Investment Property🏘️ Thinking about an investment property? Let’s talk strategy.Investment properties usually...
02/27/2026

Buying an Investment Property

🏘️ Thinking about an investment property? Let’s talk strategy.

Investment properties usually require:
• Minimum 20% down
• Strong income and credit
• Rental income qualification rules

Not all lenders treat rental income the same, and structure matters more than ever in 2026.

📊 The right mortgage can make your investment profitable—or painful.

Why the Lowest Rate Isn’t Always the Best Mortgage⚠️ That “great rate” might cost you more than you think.Some low-rate ...
02/23/2026

Why the Lowest Rate Isn’t Always the Best Mortgage

⚠️ That “great rate” might cost you more than you think.
Some low-rate mortgages come with:

❌ High penalties
❌ Limited prepayment options
❌ Restrictions on refinancing or moving

Flexibility matters—especially if life changes.

📌 It’s not just about the rate. It’s about the mortgage.

Address

100 Victoria Avenue
Belleville, ON
K8N2A5

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