Jenn Slater Mortgage Associate

Jenn Slater Mortgage Associate I help people across Saskatchewan find the best mortgage product for their unique needs.

05/25/2026

Let’s talk about something a lot of homeowners forget… 👀🏡

The First-Time Home Buyer Incentive wasn’t just “free money” 💭

If you used it, here’s what matters now 👇
At the time, you could put down 5%…

and the government matched it with another 5% to help you get into your home.

Sounds great, right? It was… but there’s a catch ⬇️
💰 That 5% is repayable when you sell
📈 And it’s not the original amount… it’s based on your current home value

So if your home has increased in value, the amount you repay increases too.

This is catching a lot of homeowners off guard right now.

Before you list your home or start planning your next move, make sure you understand what you owe and how it impacts your equity.

If you’re unsure where you stand, let’s go through it together 📲

YXEHomes RealEstateAdvice SaskatoonLiving MortgageBrokerYXE WealthBuilding

Jenn Slater
Mortgage Associate
(306) 220-9622
[email protected]

💳🏡 Feeling buried under multiple monthly debt payments?If you’re a homeowner, your mortgage may actually be a tool to he...
05/22/2026

💳🏡 Feeling buried under multiple monthly debt payments?

If you’re a homeowner, your mortgage may actually be a tool to help simplify your finances.
Refinancing can allow you to consolidate higher-interest debts like:

✔️ Credit cards
✔️ Lines of credit
✔️ Car loans
✔️ Personal loans

…into one lower-interest monthly payment.
For many homeowners, this can help:

✨ Improve monthly cash flow
✨ Lower overall interest costs
✨ Simplify finances
✨ Reduce financial stress

There are several ways this can be done, including refinancing your mortgage, using a HELOC, or exploring a second mortgage option. The right strategy depends entirely on your goals and financial situation.

Before making any decisions, it’s important to understand both the benefits and the long-term impact on your mortgage.

If you’ve been wondering whether debt consolidation could make sense for you, let’s chat and explore your options. 📲

FinancialFreedom MortgageAdvice SaskatoonMortgage YXERealEstate CanadianMortgage HELOC Homeowners MortgageTips Refinancing Saskatoon

Jenn Slater
Mortgage Associate
(306) 220-9622
[email protected]

05/19/2026

Self-employed and thinking about buying a home? This is where things can get tricky 👇🏡

You could own a successful business, even generating serious revenue…

but when it comes to your mortgage, lenders are looking at ONE thing:

👉 Your personal income on your tax returns
Not your company revenue
Not your business bank account
Not what you could be making

📄 It all comes down to what you actually claim.
So if you’re writing off a large portion of your income to reduce taxes, it can directly impact how much you qualify for… or if you qualify at all 😬
This is one of the biggest disconnects I see with self-employed buyers.

The strategy that saves you money on taxes today can limit your buying power tomorrow.

If you’re self-employed and planning to enter the market, it’s important to plan ahead so you’re set up properly when the time comes 📲

RealEstateAdvice EntrepreneurLife CanadianRealEstate MortgageBrokerYXE WealthStrategy

Jenn Slater
Mortgage Associate
(306) 220-9622
[email protected]

05/15/2026

Finding a home off-market right now? You’re not alone 👀🏡

With inventory tight, more buyers are turning to private sales through word of mouth, connections, and opportunities that never hit the market.

But here’s what you need to know before jumping in 👇

⚖️ Separate lawyers are required
The buyer and seller each need their own legal representation. No shortcuts here.
📊 Appraisal is often needed
Lenders want to confirm the value of the home matches the agreed price.
🤝 It must be an arm’s length deal

This means the transaction needs to be fair, with no special relationships influencing the price or terms.

Private sales can be a great opportunity… but they come with extra steps that can catch people off guard if you’re not prepared.

If you’re considering one or already in the process, let’s make sure it’s structured properly from the start 📲

YXEHomes RealEstateAdvice SaskatoonLiving CanadianRealEstate MortgageBrokerYXE

Jenn Slater
Mortgage Associate
(306) 220-9622
[email protected]

05/13/2026

Thinking about getting into rental properties?

Here’s something you NEED to know first 👇🏡
If you’re buying a property strictly as a rental, your mortgage rate will typically be a bit higher compared to buying a home you plan to live in.

That’s just how lenders assess risk on investment properties.

BUT… there’s a smart way to approach it 👀
If you purchase an owner-occupied property, like living upstairs and renting out a legal suite below, you can qualify for better rates while still generating rental income 💰

This is where strategy matters. The way you structure your purchase can make a big difference in your long-term returns.

If you’re thinking about getting into the rental market, or even just exploring your options, let’s talk and build a plan that works for you 📲

Jenn Slater
Mortgage Associate
(306) 220-9622
[email protected]

🏡 Thinking about buying a home?Before you start scrolling listings… let’s pause for a second 👀Being “ready” isn’t just a...
05/11/2026

🏡 Thinking about buying a home?
Before you start scrolling listings… let’s pause for a second 👀

Being “ready” isn’t just about having a down payment. It’s about the full picture:

✔️ Are you financially stable beyond just payday?
✔️ Do you have consistent income and job security?
✔️ Do you know your credit score and where it stands?
✔️ Are you planning to stay put for a few years?
✔️ Are you buying for YOU… not because everyone else is?

Because here’s the truth 👇
Homeownership comes with more than just a mortgage. Think closing costs, taxes, maintenance, and those unexpected expenses that always show up.

The goal isn’t to rush into buying…
It’s to walk in confident, prepared, and set up for long-term success 💭

If you’re close but not quite there yet, that’s okay.
If you’re ready, let’s make sure you do it right.

📩 Send me a message and let’s figure out where you stand, no pressure, just real answers.

RealEstateAdvice MortgageBroker SmartMoneyMoves

Jenn Slater
Mortgage Associate
(306) 220-9622
[email protected]

🏡 Saskatchewan’s housing market continues to heat up, and inventory remains one of the biggest challenges buyers are fac...
05/09/2026

🏡 Saskatchewan’s housing market continues to heat up, and inventory remains one of the biggest challenges buyers are facing right now.

In April, Saskatchewan recorded 1,404 residential home sales, sitting 9% above the 10-year average, while available inventory remains well below normal levels across the province.

📍 Saskatoon continues to have some of the tightest market conditions in Saskatchewan:
• 450 sales in April
• Sales up 12% above the 10-year average
• Only 1.1 months of supply when conditional sales are factored in
• Just 503 active units available heading into May

Even with more listings hitting the market, demand is continuing to outpace supply, helping push home values near record highs. Saskatoon’s benchmark price came in at $433,200 in April, remaining over 3% higher than this time last year.

What does this mean for buyers? Preparation matters more than ever.

Having your financing in place before you start shopping can make all the difference in a competitive market. Whether you’re buying your first home, upgrading, refinancing, or investing, understanding your options early gives you a major advantage.

If you’re thinking about making a move this year, let’s put together a strategy that works for you. 📲

HomeBuying RealEstateMarket SaskatoonHomes MortgageAdvice HouseHunting RealEstateCanada SaskatchewanHomes InterestRates HomeOwnership YXERealEstate

Jenn Slater
Mortgage Associate
(306) 220-9622
[email protected]

05/04/2026

Realtors, quick heads up before you set that possession date 👇🏡

If you’re writing an offer, avoid weekend or stat holiday possessions 🚫

Here’s why:
🏦 Lenders don’t fund on weekends
⚖️ Lawyers aren’t processing closings
📄 Funds can’t be transferred

Which means… your possession date will have to be amended 😬

To keep things smooth and avoid last-minute changes:

✅ Set possession dates Monday to Friday
✅ Double check for stat holidays
✅ Plan ahead to avoid delays for your clients

It’s a small detail that can make a big difference in how seamless the deal feels on closing day.
If you’re unsure on timelines or structuring deals properly, reach out anytime 📲

HomeClosing CanadianRealEstate SaskatoonLiving MortgageBrokerYXE RealEstateProfessionals

Jenn Slater
Mortgage Associate
(306) 220-9622
[email protected]

04/30/2026

Let’s talk about variable rate mortgages… because not all of them work the same 👇🏡

With a variable rate, your mortgage is tied to bank prime
👉 For example: prime -1% or prime -0.5%

So what happens when rates change? 👀

📈 If prime goes UP, one of two things can happen:

Option 1 (most common):
Your payment increases to keep your amortization on track

Option 2 (less common):
Your payment stays the same… but your amortization increases

That second option sounds great at first, right? Lower payment pressure 💭

But here’s the catch ⬇️

⏳ Your mortgage timeline can stretch out significantly
📊 In some cases, amortizations can extend dramatically… even approaching extreme lengths

So while your payment feels manageable today, you could be paying that mortgage off much longer than expected.

This is where understanding your specific mortgage setup really matters.

If you have a variable rate or you’re considering one, let’s break it down so you know exactly how it works for you 📲

RealEstateAdvice CanadianRealEstate InterestRates MortgageBrokerYXE FinancialLiteracy

Jenn Slater
Mortgage Associate
(306) 220-9622
[email protected]

💡 Alternative (B) Lenders… What You Need to KnowNot every mortgage fits inside the traditional bank “box” and that’s whe...
04/29/2026

💡 Alternative (B) Lenders… What You Need to Know

Not every mortgage fits inside the traditional bank “box” and that’s where alternative or B lenders come in 👇

🏦 What is a B lender?
These are lenders that offer mortgage solutions outside of strict bank rules, giving more flexibility when it comes to income, credit, and debt situations

📊 Why people use them:
✔️ Self-employed or non-traditional income
✔️ Credit challenges or higher debt ratios
✔️ Need to look at the “big picture” financially, not just numbers on paper

💭 The trade-off:
➡️ Higher interest rates or lender fees
➡️ But easier approval and more flexibility
➡️ Often focused on equity and overall financial position

📈 With rising rates and tighter budgets, more Canadians are turning to alternative lending just to keep moving forward with their homeownership goals

Here’s the reality:

B lenders aren’t a “last resort”

They’re a strategy when traditional financing doesn’t fit your situation
The right move isn’t always the lowest rate… it’s the one that keeps you moving forward 💭

📩 Thinking about your options or not qualifying at the bank? Let’s talk through a strategy that works for YOU

FinancialStrategy HomeOwnership YXERealEstate

Jenn Slater
Mortgage Associate
(306) 220-9622
[email protected]

Address

200-203 Stonebridge Boulevard
Saskatoon, SK
S7T0G3

Telephone

+13062209622

Website

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