Lora Behm, Mortgage Agent

Lora Behm, Mortgage Agent 🙋🏻‍♀️ https://bit.ly/3XgsHte 🙋🏻‍♀️
Lora Behm, Mortgage Agent - Level 2 (FSCO #12728) Part of Mortgage Architects, License 12128

06/12/2026

Did you know that if you buy a house with a well, one of the financing conditions is often confirming that the water is potable (safe to drink)?

That usually means a water potability certificate needs to be provided to the lawyer before closing. Some lenders will allow title insurance to cover it, but not all of them. So you need to be prepared.

The good news? Don’t stress — this is a normal part of many rural transactions, and typically the seller or realtor can help coordinate getting it done.

Just one of the extra things to know when buying a rural property!

📱(289) 274-7607
📧[email protected]

“Can I close on my new house before my old one closes?”Yes — in many cases, that’s where bridge financing comes in.A bri...
06/12/2026

“Can I close on my new house before my old one closes?”

Yes — in many cases, that’s where bridge financing comes in.

A bridge mortgage is designed to help “bridge the gap” when your new purchase closes first
AND
It can help you temporarily access the equity from your current home so you can complete the purchase smoothly.

BUT — in most cases, your current property needs to be sold firm before bridge financing is an option.

Every situation is different, so if your closing dates don’t line up perfectly, it’s important to plan ahead early.

📱(289) 274-7607
📧[email protected]

06/10/2026

Do you work in a job where part of your income is cash? Think servers, bartenders, hairstylists, contractors, etc. đź‘€

If you’re planning to use that money toward a down payment someday, make sure it actually makes its way into a bank account.

You’d be surprised how many people keep cash tucked away at home (yes… I’ve had client's talk about $20K under their mattress)

The problem is that lenders need to be able to trace and verify where your down payment came from.

So if homeownership is one of your goals, don’t let your down payment sit hidden away — get it deposited and documented early.

📱(289) 274-7607
📧[email protected]

Well... this was definitely not on my bingo card. When I started in the mortgage industry, I had no idea where this jour...
06/09/2026

Well... this was definitely not on my bingo card. When I started in the mortgage industry, I had no idea where this journey would take me.

Today, I’m incredibly proud (and honestly a little speechless) to share that I’ve been named one of the Top 75 Mortgage Brokers in Canada for 2026.

There were plenty of late nights, challenging files, learning curves, and moments where I questioned myself along the way. That’s why achievements like this mean so much.

But this recognition isn’t just about me.

To every client who trusted me with your purchase, refinance, renewal, or mortgage questions over the past year, thank you.

To every realtor, lawyer, accountant, and referral partner who supported me and trusted me with your clients, thank you.

And to every friend, family member, and past client who recommended my services to someone else, thank you.

Your referrals, support, and trust are the reason I’m here today.

I’m incredibly grateful to be able to do a job I genuinely love, helping people navigate one of the biggest financial decisions of their lives.

I truly wouldn’t be here without all of you. ❤️

Did you know that if you purchase a house and you either have no conditions or you remove your conditions and you can’t ...
06/08/2026

Did you know that if you purchase a house and you either have no conditions or you remove your conditions and you can’t end up getting a mortgage, you’re at risk for either losing your deposit or being sued if you cannot close on the house?

This is why we tell people to get pre-approved in advance of putting an offer in and make sure that the person doing the pre-approval looks at the MLS listing, because not all pre-approvals can be used for every property!

People think that it is just about the person buying the property but the pre-approval can also be dependent on the property. I’ve had deals almost fall apart because of square footage, the zoning, whether or not it is on well & septic. So it’s not just you they’re pre-approving, it’s also the house.

📱(289) 274-7607
📧[email protected]

When you spend an hour building a strategy, explaining options, and finding solutions… just for them to go back to their...
06/05/2026

When you spend an hour building a strategy, explaining options, and finding solutions… just for them to go back to their bank, just because "they've banked with them forever"

📱(289) 274-7607
📧[email protected]

06/04/2026

Put your phone down if you have a renewal coming up this year, and you're worried about not qualifying. If you've been paying your mortgage on time and haven't had any issues, your current lender will most likely offer you a renewal offer.

The renewal offer will be their current rates, with potentially some room to negotiate, but you will be offered something. A lot of people are panicking knowing they no longer qualify (maybe they lost a job, have too much debt, etc) and there are no options to move but you should be offered a renweal.

📱(289) 274-7607
📧[email protected]

One of the most common mortgage misconceptions I hear:“Switching from monthly to bi-weekly payments pays your mortgage o...
06/03/2026

One of the most common mortgage misconceptions I hear:

“Switching from monthly to bi-weekly payments pays your mortgage off faster.”

Not true.

If you switch from monthly payments to NORMAL bi-weekly payments, you’re typically just splitting the same yearly payment amount differently.

The option that actually helps pay your mortgage down faster is ACCELERATED bi-weekly payments.

Why?

Because accelerated payments add the equivalent of one extra monthly payment toward your mortgage principal each year — which reduces the interest you pay and pays the mortgage off faster. On a 30 year mortgage you can shave just over 3 years off.

Small changes can make a surprisingly big impact long term.

📱(289) 274-7607
📧[email protected]

06/03/2026

What are some common credit mistakes people make?

Other than the obvious things like missing credit card payments, there are a couple I see all the time.

First: NEVER go over the limit on your credit card. Believe it or not, maxing out or going over your limit has an even bigger impact than missing a payment.

The second one is something I’ve been seeing more and more lately with couples.

Sometimes all of the credit is in one spouse’s name. A common misconception is that being an authorized user on a spouse’s credit card helps build your credit. It doesn't. Then, when you are going to get a mortgage, or you are separating, you have minimal to no credit in your own name.

That’s why it’s important to have at least some credit in your own name so you’re building your own credit history over time.

It’s one of those things that may not seem important today, but can make a huge difference down the road when you need financing.

📱(289) 274-7607
📧[email protected]

Are you incorporated? Did you know that when you are incorporated, you can have 100% of CRA Allowable Medical Expenses p...
06/01/2026

Are you incorporated? Did you know that when you are incorporated, you can have 100% of CRA Allowable Medical Expenses paid through your corporation? You can set up something called a Health Spending (HSA) through your corporation and have eligible medical expenses — things like massage, dental, prescriptions, vision care, and more — can potentially be paid for by your corporation instead of you personally with after-tax dollars.

I didn't know about this until last year and have been paying for all of our expenses out of pocket.

Last week I processed a claim through my Health Savings Account for $4021, which means I 1) got all of those costs covered by my company and 2) did not have to pay personal taxes on that money.

If you want to know more, shoot me a message and I will send you my overview.

📱(289) 274-7607
📧[email protected]

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Toronto, ON

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+14167062307

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