Jodie Erwin - Mortgage Broker

04/28/2026

Tuesday Mortgage Tip

Considering purchasing a property? Refrain from relying solely on online calculators.

Most prospective buyers are astonished when the calculated numbers deviate from their expectations, which can result in losing the desired property.

Online calculators:
* Fail to account for your actual income structure
* Overlook debts, bonuses, and commissions
* Neglect lender-specific rules that can impact your approval

A proper pre-approval entails strategy, not merely a numerical value.

It provides insight into:
✔️ Your actual affordability
✔️ The optimal deal structure
✔️ Shopping with confidence and securing a successful outcome

If you are contemplating purchasing a property this year, let us assist you in initiating the process correctly.

04/21/2026

🏡 Tuesday Mortgage Tip

Thinking of buying your first home?
Don’t just focus on your down payment — your monthly affordability matters even more.

Lenders look at:
✔️ Your income
✔️ Your debts
✔️ Your credit
✔️ Your stress test rate (higher than your actual rate)

💡 Pro Tip:
Before you fall in love with a house, get a full pre-approval so you know exactly what you can comfortably afford.

It saves time, stress… and heartbreak.

— Jodie Erwin
Mortgage Agent Level 2
DLC Elite Mortgage Group
FSRA #13669

04/14/2026

📌 Mortgage Tip Tuesday
💡 Tip: Don’t Let a Pre-Approval Give You False Confidence

A pre-approval is a great first step… but it’s not a guarantee.

👉 Lenders still need to verify:
• Your income (again)
• Your credit (again)
• The property itself

🚨 What can go wrong?
• Changing jobs before closing
• Taking on new debt (car, credit cards 👀)
• Buying a property that doesn’t meet lender criteria

✅ Pro Tip:
Once you’re pre-approved, don’t make any big financial changes until your deal closes.

⸻

Jodie Erwin
Mortgage Agent Level 2
Dominion Lending Centres Elite Mortgage Group
FSRA Licence #13669

04/07/2026

💡 Tuesday Mortgage Tip: Don’t Let Your Pre-Approval Expire!

Most buyers don’t realize this…

👉 A mortgage pre-approval typically only lasts 90–120 days

That means:
• Your rate hold can expire 📉
• Your buying power could change
• You may need to re-qualify completely

💥 With rates constantly shifting, this can cost you THOUSANDS over your mortgage term.

Pro Tip:
If you’re still house hunting when your pre-approval is about to expire, reach out early — we can often extend or refresh it strategically to keep you protected 👊

Thinking of buying this year? Let’s make sure you’re set up properly from day one.

📩 DM me anytime — I’ve got you.

03/31/2026

TUESDAY MORTGAGE TIP 🏡

Did you know… you don’t need 20% down to buy a house?

In Canada, you can buy with as little as:

• 5% down up to $500,000

• 10% down on the portion above $500,000 up to $1,000,000

-First Time Home Buyers can do 10% up to $1,500,000 after the 5% to $500,000

And yes — there are ways to use gifted down payments from family too.

If you’re wondering how much house you can afford, or how much down payment you actually need, send me a message. I’m always happy to run the numbers for you.

Jodie Erwin
Mortgage Agent Level 2

03/24/2026

Quick mortgage tip Tuesday that can save you thousands (and most people don’t know this):

When you’re shopping for a house, don’t just get “a pre-approval” — get a fully reviewed pre-approval.

There is a BIG difference.

A real pre-approval means:
• Your income has been reviewed
• Your credit has been reviewed
• Your down payment has been reviewed
• Your numbers have been properly calculated
• Your payments and closing costs have been explained

This is how my clients shop with confidence and win in multiple offers — because there are no surprises later.

If you’re thinking about buying this year, message me the word “HOME” and I’ll tell you what price range you should actually be shopping in.

— Jodie Erwin
Mortgage Agent Level 2
DLC Elite Mortgage Group

03/22/2026

We did it — 1,100 amazing humans following along. Thank you!! 🙏

So if you’re new here, here’s something most people don’t know:

A mortgage broker doesn’t just get you a mortgage… we shop multiple banks to get you the best rate AND the best product.

That can mean:
• Lower payments
• Better prepayment options
• Cash back
• Faster approvals
• Someone negotiating for YOU

And the best part?
In most cases, using a mortgage broker costs you nothing.

If you’re buying, renewing, refinancing, or just have questions — I’m always happy to help.

📩 Message me anytime

— Jodie Erwin
Mortgage Agent Level 2

04/12/2023

Canadian Real Estate Prices Climb For The First Time In Nearly A Year

https://bit.ly/3JGaj8n

We offer mortgage services. Visit us at http://jodieerwin.com for more information.

Canadian real estate prices have been spiraling lower, but is a change in trend around the corner? Data from the Canadian Real Estate Association (CREA) shows that the price of a typical home increased in February. The national composite’s benchmark price had not moved higher since rate hikes bega...

04/05/2023

Mortgage debt taking up a record share of income

https://bit.ly/3lDgNNm

We offer mortgage services. Visit us at http://jodieerwin.com for more information.

Borrowers are now spending roughly $1 out of every $13 of their disposable income on servicing their mortgages. That’s according to Statistics Canada’s fourth-quarter national balance sheet and financial flow accounts. The data shows Canadians are spending 7.66% of their household disposable inc...

03/29/2023

Why mortgage brokers should know prepayment penalty calculations inside and out

https://bit.ly/3TEla7f

We offer mortgage services. Visit us at http://jodieerwin.com for more information.

All mortgage brokers should have a comfortable working knowledge of how prepayment penalties are calculated and applied.