Leslie Joy Cairns - Joy In Mortgages - Keystone Mortgage Corp.

Leslie Joy Cairns - Joy In Mortgages - Keystone Mortgage Corp. Accredited Mortgage Professional with a passion for educating and building long-term relationships. As your life changes, I will be here for advise ��

Let's talk about mortgage loan insurance!We have 3 insurers in Canada. CMHC, Sagen and Canada Guarantee.If you want to b...
06/10/2026

Let's talk about mortgage loan insurance!

We have 3 insurers in Canada. CMHC, Sagen and Canada Guarantee.

If you want to buy a home with a down payment of less than 20%, you'll need mortgage loan insurance. This insurance lowers the risk to the lender so that you can qualify for a loan that you might not otherwise be able to get.

The benefits of mortgage loan insurance include the ability to get a mortgage with as little as 5% down on the purchase price.
It also ensures you're going to get the best rates!

The premium is calculated as a percentage of the mortgage based on the size of your down payment. Don't worry; the premium will be added to your mortgage and included in your payments.

The insurers in Canada offer a number of products that allow access to affordable housing across Canada.

If you are interested in finding out more, connect with me today for a personal review.

Leslie Joy Cairns
780-570-5457
[email protected]

Let's make your dream a reality!Buying a house should be exciting. You shouldn't waste your time going to multiple lende...
06/08/2026

Let's make your dream a reality!

Buying a house should be exciting. You shouldn't waste your time going to multiple lenders trying to find the best mortgage product or rate. That's my job!
I have developed relationships with several lenders, and I prioritize staying informed and on top of new products and rates as they come out.

It is my passion to take care of your loan so you can have more time to look for your dream home and enjoy the experience, knowing I have your back.

Whether you are looking for a new home, renewing an existing mortgage, or needing to refinance, if you want less stress from getting a mortgage, get a hold of me today!

Call: 780-570-5457
Email: [email protected]

🏠 Thinking about breaking your mortgage early? Make sure you understand the potential penalties first.One of the biggest...
06/05/2026

🏠 Thinking about breaking your mortgage early? Make sure you understand the potential penalties first.

One of the biggest surprises homeowners face is discovering that ending a mortgage before the term is up can come with a significant cost.

Here are a few common situations that may trigger a mortgage penalty:

✅ Selling your home before your mortgage term ends

✅ Refinancing to access equity

✅ Switching lenders before renewal

✅ Paying off your mortgage in full early (beyond allowed prepayment privileges)

How are penalties calculated?

For most mortgages, lenders typically use one of two methods:

📌 Three months' interest
Often applies to variable-rate mortgages.

📌 Interest Rate Differential (IRD)
Common with fixed-rate mortgages and can sometimes result in a much larger penalty.

The exact calculation varies by lender, which is why penalties can differ dramatically from one mortgage to another.

Why this matters

A mortgage with a slightly lower rate isn't always the best deal if it comes with restrictive terms or expensive penalties.

When choosing a mortgage, it's important to consider:

✔️ Interest rate

✔️ Prepayment privileges

✔️ Portability options

✔️ Flexibility if life circumstances change

✔️ Potential penalty costs

Pro Tip

Before signing a mortgage, ask:

"If I need to sell, refinance, or switch lenders before the term ends, how would my penalty be calculated?"

Understanding the answer today could save you thousands of dollars later.

Have questions about your current mortgage or upcoming renewal? Contact me and I'd be happy to help you understand your options.

Call: 780-570-5457
Email: [email protected]

What do you need from a mortgage broker?With over 15 years experience, I know that everyone has different financial situ...
06/03/2026

What do you need from a mortgage broker?

With over 15 years experience, I know that everyone has different financial situations. I can help find the perfect mortgage to suit your mortgage needs.

If you need a new mortgage in the future, give me a call.

Call: 780.570.5457
Email: [email protected]

What Lenders Look for During Mortgage Approval🏠 Wondering what lenders actually look at when reviewing your mortgage app...
06/01/2026

What Lenders Look for During Mortgage Approval

🏠 Wondering what lenders actually look at when reviewing your mortgage application?

Getting approved isn't just about your income. Lenders look at several factors to determine whether you can comfortably manage your mortgage payments.

Here are the key areas they focus on:

✅ Income Stability
Lenders want to see consistent, reliable income. This could be employment income, self-employment income, or other verifiable sources.

✅ Credit Score & History
Your credit score helps lenders assess how you've managed debt in the past. They also review payment history, outstanding debts, and any collections or missed payments.

✅ Debt-to-Income Ratios
Lenders calculate how much of your income is already committed to debt payments, including credit cards, loans, and vehicle financing.

✅ Down Payment
The size and source of your down payment matter. Lenders will typically need documentation showing where the funds came from.

✅ Employment History
A stable employment history can strengthen your application. Recent job changes may require additional documentation.

✅ Property Details
The home itself is part of the approval process. Lenders consider factors such as property type, condition, location, and appraised value.

✅ Savings & Financial Habits
Having savings beyond your down payment can demonstrate financial stability and help cover closing costs or unexpected expenses.

The good news?
If you're concerned about one of these areas, there are often solutions available. Every lender has different guidelines, and a mortgage strategy can make a significant difference.

📩 Thinking about buying, refinancing, or renewing your mortgage? Call or email me to discuss your options and find out where you stand before you apply.

Call: 780-570-5457
Email: [email protected]

When saving to buy a home, don’t forget to save for moving costs.There are numerous costs associated with moving that pe...
05/29/2026

When saving to buy a home, don’t forget to save for moving costs.

There are numerous costs associated with moving that people sometimes overlook. Make sure to set aside money for movers, utility hookups, and more...

If you have questions about closing costs not covered by the mortgage, contact me at 780-570-5457 or [email protected]

What is the difference between a guarantor and a cosigner?If you need help securing a mortgage and making your dream of ...
05/27/2026

What is the difference between a guarantor and a cosigner?

If you need help securing a mortgage and making your dream of homeownership a reality, it’s essential to understand the differences between these two options.

A guarantor is added to the mortgage but not to the property title. They are responsible for the mortgage payments, but do not take ownership of the property.

A cosigner is added to both the mortgage and the property’s title. They take on partial ownership and assume full responsibility for payments.

If you want more information to help get a mortgage, email me at [email protected]

What is an outstanding balance?It is the amount of principal that remains outstanding at the end of the term. It represe...
05/25/2026

What is an outstanding balance?

It is the amount of principal that remains outstanding at the end of the term. It represents the remaining unpaid debt on the mortgage.

If your term is ending soon, it’s time to book an appointment to review your mortgage and ensure it aligns with your current financial goals before your renewal date arrives.

Call: 780-570-5457
Email: [email protected]

What is your financial situation?You should know exactly where you stand financially before you start looking for a hous...
05/22/2026

What is your financial situation?

You should know exactly where you stand financially before you start looking for a house. Don't wait to get your free assessment with me this week!

We can review:
- How does your credit score and history look from the eyes of a lender
- What is your monthly affordability based on the income you earn
- Where is your down payment coming from

I get results to you quickly so you can start making plans to know exactly when you're ready to go shopping!

If you're ready for some answers and to know if you are financially ready to buy your first (or next) home, book an appointment to get pre-approved today.

Call: 780-570-5457
Email: [email protected]

Are you looking to buy a house? Book an appointment today!Try my calendly link, which can be found on my website or call...
05/20/2026

Are you looking to buy a house? Book an appointment today!
Try my calendly link, which can be found on my website or call/text/email me directly.

I will answer all of your questions and find the perfect mortgage for you.
With over a decade of experience, I've developed relationships with multiple lenders to negotiate with on your behalf.

Let me do all the legwork for you.

Call: 780.570.5457
Email: [email protected]

Address

2852 Calgary Trail NW
Edmonton, AB
T6J6V7

Opening Hours

Monday 9am - 9pm
Tuesday 9am - 9pm
Wednesday 9am - 9pm
Thursday 9am - 9pm
Friday 9am - 9pm
Saturday 12pm - 4pm
Sunday 12pm - 4pm

Telephone

+17805705457

Website

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