GLM Mortgage Group

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GLM Mortgage Group

Strategic advice. Mortgage plans built for wealth.

🏆 BC Broker of the Year ’22 | 4× Finalist ('20, '23–'25)
$700M+ Funded (1,650+ Mortgages)
⭐ Best Customer Service
CMP Top 75
🏅 ThreeBestRated ('18-21, '25-'26)
600+ 5★ Reviews.
⚡ Fast approvals. *Over 460 FIVE STAR Google Reviews & GROWING…
*Recognized Top 75 Mortgage Broker in Canada
*Canadian Mortgage Award Winner for Best Customer Service in Canada
*Canadian Mortgage Award Winner for Mortgage Broker of the Year | British Columbia
*Finalist for Canada’s Excellence in Philanthropy & Community Service
*Recognized Dominion Lending Centres Top 15 Brokerages
*Member of Dominion Lending Centres & Canadian Mortgage Professionals Hall of Fame
*Podcast host - The Real Deal Pod: Allister Carrington & Geoff Lee's Pro Insights in Real Estate

10/29/2026

🏡 Did you know there are 3 ways to access your home equity with a reverse mortgage?
And the best part? You get to choose what works for you.

💰 1. Lump Sum: Access funds upfront to pay off your existing mortgage, clear high-interest debt, or cover a major expense.
📅 2. Monthly Advances: Give your retirement income a steady boost to help cover everyday expenses.
🏦 3. Access Funds as Needed: Draw from your available equity when life calls for it, whether that's home repairs, healthcare expenses, or helping family.

Here's a real example from a recent client file:
Their monthly income was $4,000, but their expenses were $5,000.
That $1,000 shortfall was keeping them from retiring.
By arranging an additional $1,000 per month through a reverse mortgage, we helped close that gap and gave them more financial breathing room.

Retirement should be about enjoying life, not worrying about making ends meet.

🎥 This is another clip from our Reverse Mortgage Webinar, where we explain how these options work and what homeowners 55+ should consider.

Missed the webinar? Watch the full recording here: 👇
https://us06web.zoom.us/rec/share/SA8ZbdsUggh8KQmBZuPAx-eYFyT2LC9bGFgQXKVjb0y6yvdE0QE6xzFd44Js6yj2.CfJmmaQ7yZ7mlOLn?startTime=1789502419000

Curious whether a reverse mortgage could work for you or someone you know? Let's chat!

10/29/2026

Episode 114 is NOW LIVE!: House Rich Cash Poor: When Your BC Home Eats Your Paycheck + BC Election Housing Plans

You can own a million-dollar home and still be living paycheque to paycheque. 🏠

It's called being house rich and cash poor, and it's happening at every income level.

In Episode 114 of The Real Deal Pod, Allister and I talk about something that doesn't get nearly enough attention: just because you qualify for a mortgage doesn't mean you should borrow the maximum.

We walk through a real example of two households earning the same $9,000 a month. One buys a $1.5 million home, the other a $1.1 million home.
The difference? Approximately $22,000 a year in housing costs. Imagine what that extra money could mean for your family.

We also look at the hidden costs of homeownership, mortgage qualification, and the housing promises made by BC's political parties during the provincial election.

𝗧𝗵𝗲 𝘁𝗮𝗸𝗲𝗮𝘄𝗮𝘆? Your home should give you a great place to live, not leave you struggling to afford everything else.

🎙️ Episode 114 of The Real Deal Pod is available now!

If you're thinking about buying, upgrading or simply wondering how much house you can comfortably afford, this is an episode worth listening to.

🎧 Tune in and stay ahead of the curve. Find us on Spotify, Podbean, Youtube – wherever you get your podcasts

Geoff Lee
Mortgage Broker, GLM Mortgage Group
www.GLMmortgage.com
1.604.259.1486
[email protected]

Allister Carrington
Realtor, Fraser Valley Real Estate
www.AllisterCarrington.com
1.778.990.8703
[email protected]

10/28/2026

🏦 Bank of Canada Raises Rates. What Does This Mean for You?

Well, this wasn't the news many Canadians were hoping for today.

The Bank of Canada has increased its overnight lending rate by 0.25%, bringing it to 2.50%. This marks the first rate increase since 2023.

So, what's behind the decision?

Inflation remains stubbornly high, largely driven by rising energy costs and ongoing global uncertainty. The Canadian economy has also been performing better than expected, giving the Bank reason to act.

A few key takeaways:

📈 Inflation: Currently around 3%, with the Bank expecting it to reach 3.5% by year-end.

🏡 Variable-rate mortgages: Borrowers may see higher payments or more interest being charged, depending on their mortgage.

🔒 Fixed-rate mortgages: These aren't directly tied to today's announcement, but rising bond yields have already been putting upward pressure on fixed rates.

🔮 What's next? The Bank hasn't ruled out further increases, but there's no predetermined path. Future decisions will depend on inflation and economic conditions.

My take?

For homeowners and buyers here in BC, affordability is already a challenge. Higher borrowing costs certainly don't make things easier.

But I wouldn't make any major mortgage decisions based on one announcement.

Whether you're renewing, buying, or currently in a variable-rate mortgage, the important thing is understanding your options and making a decision that works for your situation.

There's still opportunity in this market. It just takes a little more planning.

If you're wondering how today's announcement affects your mortgage or buying power, let's have a conversation.

GL

10/24/2026

The lowest mortgage rate isn't always the best mortgage. 🏠

I see people spend so much time shopping for the lowest rate, but here's what I'd rather have them ask:

𝗪𝗶𝗹𝗹 𝘁𝗵𝗶𝘀 𝗺𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝘀𝘁𝗶𝗹𝗹 𝘄𝗼𝗿𝗸 𝗳𝗼𝗿 𝗺𝗲 𝗶𝗻 𝟯 𝗼𝗿 𝟱 𝘆𝗲𝗮𝗿𝘀?

Life changes. You might move, refinance, change jobs or need access to your equity.

And if you need to break that mortgage early, the penalties and restrictions could end up costing you far more than you saved on the rate.

That's why I always tell people to look beyond the rate. Understand the penalties, prepayment options, portability and overall flexibility before you sign.

𝗕𝘂𝗶𝗹𝗱 𝘆𝗼𝘂𝗿 𝗺𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗮𝗿𝗼𝘂𝗻𝗱 𝘄𝗵𝗲𝗿𝗲 𝘆𝗼𝘂𝗿 𝗹𝗶𝗳𝗲 𝗶𝘀 𝗴𝗼𝗶𝗻𝗴, 𝗻𝗼𝘁 𝗷𝘂𝘀𝘁 𝘄𝗵𝗲𝗿𝗲 𝗶𝘁 𝗶𝘀 𝘁𝗼𝗱𝗮𝘆.

Have you ever had to break a mortgage? Let us know your story in the comments below. 👇

10/23/2026

Episode 113 is NOW LIVE!: BC Mortgage Portability Explained, September 2026 Stats & The 8 Questions to Ask Before You Sign

Your mortgage is portable. But does that actually mean you should port it? 🏠

A lot of homeowners assume that when they move, they can simply take their existing mortgage and rate with them.

Not necessarily.

In Episode 113 of The Real Deal Pod, Allister and I break down how mortgage portability actually works and why it isn't always the best option.

I share a real client example where a mortgage with a 3.89% rate blended to 4.89% when ported. After running the numbers, it actually made more sense to break the mortgage and start fresh.

We also look at the September BC real estate numbers, declining home prices across the Fraser Valley and Metro Vancouver, and what today's market could mean for buyers.

𝗧𝗵𝗲 𝘁𝗮𝗸𝗲𝗮𝘄𝗮𝘆? 𝗝𝘂𝘀𝘁 𝗯𝗲𝗰𝗮𝘂𝘀𝗲 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗽𝗼𝗿𝘁 𝘆𝗼𝘂𝗿 𝗺𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗱𝗼𝗲𝘀𝗻'𝘁 𝗺𝗲𝗮𝗻 𝘆𝗼𝘂 𝘀𝗵𝗼𝘂𝗹𝗱.

Before making a move, make sure you understand your options and what they'll actually cost.

🎙️ Episode 113 of The Real Deal Pod is available now!

🎧 Tune in and stay ahead of the curve. Find us on Spotify, Podbean, Youtube – wherever you get your podcasts

Geoff Lee
Mortgage Broker, GLM Mortgage Group
www.GLMmortgage.com
1.604.259.1486
[email protected]

Allister Carrington
Realtor, Fraser Valley Real Estate
www.AllisterCarrington.com
1.778.990.8703
[email protected]

10/22/2026

What happens to your mortgage when you die? 🏠

It's not something most of us like to think about, but it's a conversation worth having.

Here's what many homeowners don't realize: your mortgage doesn't disappear when you pass away, and the bank doesn't automatically take your home.

Depending on how the property is owned, it may pass to a surviving owner or become part of your estate. Either way, the outstanding mortgage still needs to be dealt with.

I hear people say, "When I'm gone, I'm gone. I don't need to worry about it."

And that's true. But someone else will.

Having a plan in place now can save your family a lot of stress and uncertainty later.

10/13/2026

Episode 112 is NOW LIVE!: BC Unsold Condo Tax, Rising Mortgage Rates & Why the Lowest Rate Isn't the Best Mortgage

Could BC’s proposed unsold condo tax actually make housing less affordable? 🏢

With $4.4 billion in unsold Metro Vancouver condos, there's plenty of discussion about what this proposed tax could mean for buyers, developers and future housing supply.

In Episode 112 of The Real Deal Pod, Allister and I look at both sides of the conversation. Is this an opportunity for buyers, or could it create bigger supply problems down the road?

We also dig into rising fixed mortgage rates, why we could see rates heading back toward 5%, and something I talk about regularly: 𝘁𝗵𝗲 𝗹𝗼𝘄𝗲𝘀𝘁 𝗺𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗿𝗮𝘁𝗲 𝗶𝘀𝗻'𝘁 𝗮𝗹𝘄𝗮𝘆𝘀 𝘁𝗵𝗲 𝗯𝗲𝘀𝘁 𝗺𝗼𝗿𝘁𝗴𝗮𝗴𝗲.

Penalties, prepayment privileges, portability and flexibility can make a much bigger difference than most borrowers realize.

The takeaway? Don't let a headline or an advertised rate make the decision for you.

🎙️ Episode 112 of The Real Deal Pod is available now!

🎧 Tune in and stay ahead of the curve. Find us on Spotify, Podbean, Youtube – wherever you get your podcasts

Geoff Lee
Mortgage Broker, GLM Mortgage Group
www.GLMmortgage.com
1.604.259.1486
[email protected]

Allister Carrington
Realtor, Fraser Valley Real Estate
www.AllisterCarrington.com
1.778.990.8703
[email protected]

10/12/2026

🍁🦃 Happy Thanksgiving from all of us at GLM Mortgage Group! 🧡

Thanksgiving is a wonderful reminder to slow down, appreciate the little things, and enjoy time with the people who matter most.

Today, we're especially thankful for our family, friends, clients, and the incredible community we're fortunate to be part of.

Whether you're gathering around the table, enjoying the outdoors, or simply taking a well-deserved break, we hope your day is filled with laughter, gratitude, and great memories.

🍂 Wishing you and your loved ones a very Happy Thanksgiving!

Address

1001 West Broadway # 164
Vancouver, BC
V6H4E4

Website

http://www.GLMmortgage.com/, https://velocity.newton.ca/sso/public.php?sc=15rrac7ib6gks

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