Kelvin Chan- Mortgage Alliance

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Canada
Toronto, ON
Kelvin Chan- Mortgage Alliance

#1410-5140 Yonge Street,
North York, ON M2N 6L7

5355 Driscoll Drive, Manotick, ON, K4M 1E3

Phone number: 613-252-3389

My main objective is to deliver value to my consumers, and make sure you get the Right Mortgage

10/28/2026

Ready to stop renting and step into homeownership? 🏡✨
Join us TONIGHT for our First-Time Home Buyer Seminar-Halloween edition! Whether you’re just starting to save or actively browsing listings, we’re breaking down everything you need to know about navigating the market, securing financing, and taking advantage of buyer incentives.
📍 Where: 1017A Wellington St W, Ottawa, ON
⏰ When: Today, 6:00 PM – 8:00 PM
Walk away with clear next steps, expert mortgage guidance, and answers to all your buying questions. Spots are limited!
📲 RSVP or inquiries:
Call/Text: 613-252-3389
Email: [email protected]
See you tonight! 👋
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10/24/2026

Variable vs Fixed mortgage

[email protected]

10/14/2026

Mortgage product that has a fixed and variable rate component?

😎

10/13/2026

Quick reel to talk about what I’m seeing in this current rate environment.

2026-10-13

10/10/2026

From executing your mum’s Aritzia stock trades to helping you buy your first home 😂🏡

Back in my corporate days, Keith Johnston was hands down my favourite team lead. He always had my back, answered my late-night questions, and was the kind of manager who genuinely wanted to see you succeed.

Fast forward 5–6 years, and we’ve both moved on to bigger things. Keith is now a kick-ass Realtor, and I’m helping people navigate their mortgage journeys! 🤝

🔥 Keith just listed an incredible property at 200 Trail Side Circle in Orléans!

Whether you’re a first-time homebuyer or an investor looking for a great layout in a solid neighbourhood, this one is worth checking out.

🏡 JOIN US AT THE OPEN HOUSE!

📍 200 Trail Side Circle, Orléans
📅 October 11th
⏰ 2:00–4:00 PM

Keith will walk you through the home, and I’ll be there to help you understand the mortgage numbers, explore your rate options, and figure out a buying strategy that makes sense for you.

Come say hi, check out the property, and let’s talk real estate and mortgages!

👇 Tag someone who’s looking to buy their first home!

MortgageTips OpenHouse

09/28/2026

🏡 Buying a home or refinancing soon? This is big news for mortgage borrowers in Canada!
Equifax Canada is making a major change to how mortgage brokers access your credit information.

✨ Here’s what you need to know:

1️⃣ Initial credit checks are moving to soft inquiries.
Soon, mortgage brokers will be able to pull your credit report to help build your pre-approval without impacting your credit score.

2️⃣ More powerful risk indicators.
Broker credit reports will include enhanced indicators related to fraud, income verification, and insolvency risk—helping identify potential red flags earlier in the mortgage process.

3️⃣ A smoother approval process.
The goal? Fewer last-minute surprises, fewer unexpected document requests, and a smoother path from pre-approval to closing. 🙌

That means you can explore your mortgage options with less stress and more confidence.

💬 Have questions about how this could affect your mortgage application? Drop them in the comments below and I’ll get back to you!

Refinancing MortgageTips FirstTimeHomeBuyer EquifaxCanada

09/23/2026

🚨 FIXED MORTGAGE RATES ARE ON THE MOVE AGAIN! 📈🏡

If you’ve been watching the Canadian housing market, you’ve likely noticed fixed mortgage rates creeping back up. Here is what’s actually driving the shift right now 👇

💡 The Bond Yield Connection:

Canada’s 5-year bond yield is holding near 3.69%—slightly down from its recent peak of 3.71%, but still noticeably higher than earlier this month. Because bond yields drive fixed rates, lenders are making quick adjustments:

• Fixed Rates: Bumping up between 5 and 30 bps across 1- to 5-year terms (with a few rare 5-year exceptions dipping lower).

• Variable Rates: Seeing small 5 to 10 bps shifts as banks adjust their prime discounts—not because of any Bank of Canada rate announcement.

⚠️ What this means for you:

If you’re shopping for a home or have a mortgage renewal coming up in the next few months, timing is everything! Locking in a rate hold now protects you from further spikes while keeping your options open if rates drop before closing.

💬 Have questions about your renewal or today’s rates? Drop a comment below

09/18/2026

🇺🇸 Americans may soon be able to use leftover college savings to buy their first home… but what about Canadians? 🇨🇦🏠

A proposed U.S. bill called the First-Time Homebuyer Empowerment Act would allow Americans to move up to $35,000 tax-free from a 529 college savings account toward a first-home down payment.

That got me thinking…

👉 Could Canadians do something similar with an RESP?

Short answer: Not directly — and the rules are VERY different.

Here’s what happens with an RESP if the child doesn’t end up using all the funds for education:

💰 Your original contributions: Can generally be withdrawn tax-free.

🎓 Government grants: Generally have to be repaid to the government if they aren’t used for eligible education expenses.

📈 Unused investment growth: Can potentially be taxed as income + a 20% additional tax.

BUT… there’s an important exception 👀

You may be able to transfer up to $50,000 of unused RESP earnings into an RRSP if the specific eligibility requirements are met.

And here’s where it gets interesting…

🇨🇦 You can’t simply roll an RESP directly into an FHSA.

However, eligible RESP earnings can potentially move into an RRSP, and an RRSP can potentially be used for the Home Buyers’ Plan (HBP).

The big difference?

With the HBP, you generally have to repay the amount back into your RRSP over time.

So when I see proposals like this in the U.S., it makes me wonder:

Should Canada consider a way to move unused RESP funds into an FHSA for first-time homebuyers? 🤔

An FHSA has a unique advantage: qualifying contributions can provide a tax deduction, and qualifying withdrawals for a first home can be tax-free.

💬 Would you support an RESP → FHSA option in Canada?

Drop your thoughts below — I’m curious what you think.

This is general information, not tax or financial advice. RESP/RRSP rules have specific eligibility requirements, so speak with a qualified tax professional before making a transfer.

HomeBuying CanadianRealEstate MortgageTips HomeOwnership WealthBuilding PersonalFinanceCanada

09/11/2026

Sept 11 2026, Market rate update

09/02/2026

Unlocking your homeownership goals doesn’t have to be overwhelming. 🔑 Whether you’re buying your first place, refinancing, or growing your investment portfolio, I’ve got your back with tailored mortgage solutions that make sense for you.

Let’s chat about your options today!

📞 613-252-3389 ✉️ [email protected]

RefinanceYourHome MortgageSolutions OttawaRealEstate KKCMortgages FinancialFreedom

Address

200-2005 Sheppard Avenue E
Toronto, ON
M2J5B4

Website

https://www.mortgagealliance.com/en/mortgage-broker/KelvinKaChunChan/, https://www.linkedin.com/in/kelvinchan9513

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