Greg Kalanjian - Team Choice Mortgages

09/02/2026

09/02/2026

Nearly 60% of new CMHC insured mortgage dollars now use terms longer than 25 years. Ottawa expanded 30-year insured options for more first-time and new-build buyers. Longer terms lower monthly payments but raise total interest paid. CMHC reports missed payment rates remain low at 0.42%.

- How will a 30-year insured term affect your monthly payment?
- What total interest will you pay over a longer term?
- Should brokers explain payment relief and long-term costs to clients?

09/01/2026

Link to check your credit score in my prof header

08/31/2026

08/28/2026

$100K saved doesn’t automatically mean you can afford a $100K down payment.

Your income, debts, credit, closing costs and monthly mortgage payment all matter.

Don’t just ask, “How much can I put down?”
Ask, “What monthly payment can I comfortably afford?”

Let’s get you pre-approved so you know your real budget before you start house hunting.