Trish Pritchard - Mortgage Broker

Trish Pritchard - Mortgage Broker Trish Pritchard is a trained, independent mortgage expert. She provides a friendly, educational appr

🏡 Buying your first home in Surrey or the Lower Mainland? Here's exactly what to expect — step by step.I know it can fee...
09/09/2026

🏡 Buying your first home in Surrey or the Lower Mainland? Here's exactly what to expect — step by step.

I know it can feel like a lot. But once you break it down, it's completely manageable.

📍 STEP 1: FREE CONSULTATION WITH ME
We review your income, debts, down payment, and goals. You leave knowing your borrowing range and what lenders will look for — no commitment required.

📍 STEP 2: PRE-APPROVAL
I submit your application to the lenders best suited for your situation. You get a rate hold (30 to 120 days) and a clear maximum.

📍 STEP 3: HOME SHOPPING WITH YOUR REALTOR
Your pre-approval shows sellers you're serious. In Surrey's current buyer's market, there's more selection and more room to negotiate than we've seen in years.

📍 STEP 4: ACCEPTED OFFER
Once your offer is accepted, I finalize the mortgage application and coordinate the appraisal if needed.

📍 STEP 5: FINAL APPROVAL
The lender reviews everything and issues final approval. Your lawyer or notary prepares closing documents.

📍 STEP 6: CLOSING DAY 🎉
Sign, pay closing costs, and get your keys.

💡 DON'T FORGET THE BC FIRST-TIME BUYER PROGRAMS:
The BC First-Time Home Buyer PTT Exemption alone can save you up to $17,200 on homes priced $835,000 or less. Plus the federal First Home Savings Account, the RRSP Home Buyers' Plan, and more. I walk every first-time buyer through the full picture.

Contact us at trishpritchard.com or send us a DM to kick off Step 1.
https://www.trishpritchard.com/

🏘️ Townhomes in Surrey. One of the most active segments of the local market in 2026.With benchmarks around $771,600 and ...
09/03/2026

🏘️ Townhomes in Surrey. One of the most active segments of the local market in 2026.

With benchmarks around $771,600 and neighbourhoods like Clayton Heights and Fleetwood offering excellent value, townhomes continue to be a popular entry point for families upgrading from condos and buyers who want more space without a detached home price tag.

💬 Are you shopping for a townhome in Surrey? Drop your target neighbourhood below 👇

Contact us at trishpritchard.com or send us a DM.
https://www.trishpritchard.com/

🏦 Bank of Canada Rate Announcement — September 2, 2026The Bank of Canada held its overnight rate at 2.25% today. The rec...
09/02/2026

🏦 Bank of Canada Rate Announcement — September 2, 2026

The Bank of Canada held its overnight rate at 2.25% today. The recovery is real, but so is the uncertainty.

Here is the quick breakdown:

🔹 Overnight rate: 2.25% (unchanged)
🔹 Prime rate: 4.45% (unchanged)
🔹 Variable mortgages and HELOCs: no change
🔹 GDP grew 3.3% in Q2 — a strong rebound
🔹 Inflation hovering around 3%, driven by energy prices
🔹 Unemployment edged down to 6.4% in July
🔹 Next announcement: October 28, 2026

New US tariffs and the ongoing Middle East conflict are adding fresh uncertainty. The Bank is watching carefully.

Questions about what this means for your mortgage? Drop a comment or send us a message. 💬
https://www.trishpritchard.com/bank-of-canada-holds-rate-at-2-25-september-2-2026

💸 Here's something I tell every first-time buyer: your down payment is only part of the cash you need on closing day.Clo...
09/02/2026

💸 Here's something I tell every first-time buyer: your down payment is only part of the cash you need on closing day.
Closing costs in BC are real, they add up, and lenders will actually want to see that you have enough set aside. For insured mortgages, you typically need at least 1.5% of the purchase price available in addition to your down payment.

HERE'S WHAT TO BUDGET FOR:

🔍 HOME INSPECTION
You pay this one. It's worth every penny — usually $400 to $600 — and protects you from hidden problems.

📊 APPRAISAL FEE
Required by some lenders to confirm property value. Sometimes covered by mortgage insurance, sometimes by you. Usually $300 to $500.

⚖️ LEGAL FEES
A lawyer or notary handles your title transfer and mortgage registration. Budget $1,000 to $2,000.

🏛️ PROPERTY TRANSFER TAX
This is often the biggest surprise. In BC, it's 1% on the first $200,000, 2% on $200,001 to $2,000,000, and 3% above that.

Good news for first-time buyers: full PTT exemption applies on homes $835,000 or less. Partial exemption available up to $860,000. Newly built homes have a separate exemption up to $1,100,000.

🏠 PROPERTY INSURANCE
Mandatory — your lender won't release funds without it.

🚚 MOVING COSTS
$500 to $3,000+ depending on how much you have and how far you're going.

💡 Every purchase is different. I help my clients build an accurate closing cost picture early — before you make an offer.

Contact us at trishpritchard.com or send us a DM for a personalized estimate.

🏡 The open house phase. Exciting, overwhelming, and full of potential.The buyers who move with the most confidence are a...
08/27/2026

🏡 The open house phase. Exciting, overwhelming, and full of potential.

The buyers who move with the most confidence are always the ones who got pre-approved first. They know exactly what they can afford, their rate is held, and when the right property comes up — they're ready.

Contact us at trishpritchard.com or send us a DM before you start shopping. It makes all the difference.
https://www.trishpritchard.com/

📊 Fixed or variable? It's genuinely one of the most common questions I get — and there's no single right answer. Here's ...
08/26/2026

📊 Fixed or variable? It's genuinely one of the most common questions I get — and there's no single right answer. Here's how I think about it with my clients.

🔒 FIXED RATE
Your rate and payment are locked for the full term. What you sign up for is what you pay.
Suits you if: You want complete predictability. You're on a set budget. The idea of a payment increase keeps you up at night.
Watch for: Fixed rates typically start higher than variable. And if you break the mortgage early, the Interest Rate Differential (IRD) penalty can be significant — sometimes tens of thousands of dollars.

📈 VARIABLE RATE
Your rate moves with the Bank of Canada's prime rate. Right now, the BoC overnight rate is 2.25% and the prime rate is 4.45%, giving variable borrowers access to rates around 3.45% or lower.
Suits you if: You have cash flow flexibility and aren't rattled by potential payment adjustments. Historically, variable rate borrowers have saved money over full mortgage terms.
Watch for: If rates rise, your payment rises with them. Budget accordingly.

💡 MY HONEST TAKE:
The right choice is always personal. I'd rather spend 20 minutes understanding your specific situation than give you a generic answer. The goal is a mortgage that lets you sleep at night — whatever that looks like for you.

Next BoC rate announcement: September 2, 2026. I'll keep you posted on what it means.

Contact us at trishpritchard.com or send us a DM to talk through your situation.
https://www.trishpritchard.com

Summer is a perfect time for fresh starts—even when it comes to your credit. If past credit challenges have held you bac...
07/30/2026

Summer is a perfect time for fresh starts—even when it comes to your credit. If past credit challenges have held you back from homeownership, remember that your financial story isn’t set in stone. As an independent broker with access to multiple lenders, I can help you explore tailored strategies to rebuild your credit and find mortgage options that fit your unique situation.

Here are a couple of steps to consider this season:
- Review your credit report carefully for any errors or outdated info.
- Prioritize paying down high-interest debts to improve your credit score.

With over 20 years of experience serving Greater Vancouver and BC, I’m here to guide you through every step, making the process less stressful and more transparent. Your dream home is closer than you think—let’s work together to open the right doors for you.

Connect at https://www.trishpritchard.com/ - your trusted BC mortgage broker.

Banks often offer one-size-fits-all mortgage solutions, but as an independent broker with over 20 years of experience in...
07/29/2026

Banks often offer one-size-fits-all mortgage solutions, but as an independent broker with over 20 years of experience in BC, I tailor options that fit your unique situation—especially during life changes like separation. When you’re going through a separation, your mortgage can feel overwhelming, but it doesn’t have to be. Here’s what I recommend to help you stay on track:

1 - Continue making your mortgage payments on time. Keeping up avoids damaging your credit and prevents added stress.

2 - Review your mortgage options carefully. As an independent broker, I have access to multiple lenders and can help you find the best rates and terms that suit your new circumstances.

3 - Consider refinancing or restructuring your mortgage if needed. This can ease financial pressure and provide more flexibility.

Separation is tough enough—your mortgage doesn’t have to add to the burden. With personalized support and local knowledge of the Greater Vancouver market, I’m here to guide you through every step.

Book a call at https://www.trishpritchard.com/ - let’s run the numbers together.

A June trip to Weyburn SK with Hope. We watch baseball, did a puzzle during the rain and attended a fun country music co...
07/26/2026

A June trip to Weyburn SK with Hope. We watch baseball, did a puzzle during the rain and attended a fun country music concert together. Then off to Stoney Plain AB! My cousin Ang and I got to watch our boys play. The best part Matthew started game 1 and Josh game 2! A week later Lloyd and I headed back to Weyburn. Love watching Josh play and do his very first interview! Spending time with his amazing Billet family, his great team members and walking the river. So many amazing memories made!! ⚾️❤️☀️

Wondering if private lending might be the right fit for your financial needs? Here’s a quick checklist to help you decid...
07/23/2026

Wondering if private lending might be the right fit for your financial needs? Here’s a quick checklist to help you decide:

1 - Do you need fast access to funds without the lengthy approval times of traditional banks?
2 - Are you looking for more flexible terms tailored specifically to your situation?
3 - Is your credit or income situation a bit unique, making conventional financing tricky?

If you answered yes to any of these, private lending could offer a smart, personalized solution. As an independent mortgage broker serving Greater Vancouver and BC for over 20 years, I have access to a wide range of private lenders who can provide options that big banks often can’t. This flexibility means you get a mortgage strategy designed around you, not a one-size-fits-all product.

Navigating private lending doesn’t have to be overwhelming—I’m here to guide you through every step with clear advice and support. Whether you’re a homeowner seeking quick financing or planning your next move, let’s explore your options together.

Reach out at 604-209-2456 – I work for you, not for a bank.
https://www.trishpritchard.com/private-lending

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Surrey, BC

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Tuesday 9am - 6pm
Wednesday 9am - 6pm
Friday 9am - 6pm

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