Mortgages Made Easy Blog

Our brokers post interesting news, tips, and industry updates every week.

4 Buyer’s Tips to Ensure a Smooth House Closing


Buying a home can be overwhelming. With so many things to know, your to-do list seems never ending. Closing the deal is like the light at the end of the tunnel however, it comes with its own set of challenges. Here’s what to consider in the final stages of purchasing your home:

Understand the documents

Buying a home comes with a lot of paperwork. It’s important to make sure you know what you’re getting in to. Consider hiring a lawyer to help you with this step. Getting legal aid is especially important during the final stages of the transaction. Contracts, deeds, surveys and policies can get a little confusing for the average Joe. Take note of the things you don’t understand and ask questions. Lawyers speak the language and can make sure that you understand it too.

Open an Escrow account

This is a third-party account on behalf of the two principal parties involved in the transaction. Having a neutral third party ensures that neither the buyer or the seller get the short end of the stick. It also guarantees a secure transaction.

Complete a home inspection

This is a physical inspection of your potential home. The inspection allows you to know if there are any issues with the property. It also gives you the opportunity to back out of the deal, renegotiate your offer, or ask the seller to fix any problems you may find. As long as your purchase offer included a home-inspection contingency, you’re golden.

Get pre-approved for a mortgage

A mortgage pre-approval confirms the amount you qualify to borrow and protects you from rate increases for up to 120 days. While it’s not necessary, this step will help you get to the closing stages of the deal faster. This gives you some leverage when negotiating and saves time by helping you search only for homes in your budget.

Ready to get pre-approved for your mortgage? We can help. At, that’s all we do. We compare rates from over 30 lenders, including the big banks, so you always get the best deal.

You can use our secure online form to apply for your mortgage pre-approval. We’ll get back to you on the same day with a mortgage tailored to your specific situation.

Questions? Book a free consultation. We’ll gladly walk you through the process and explain everything you need to know to buy your dream home.

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House Hunting Tips and Tricks


It’s that time of year again! It’s home-buying season, and that could mean you’ll be busy house hunting, which isn’t as easy as it sounds. Here are a few helpful tips to make the search a little easier:

It’s better together

Don’t pick up the phone and call the first Open House you see. Not only could it be unsafe, but the house you’re viewing might not be what you’re looking for. Instead of trial and error, hire a realtor. Tell them exactly what’s on your wishlist. They’ll set up all your viewing appointments, so you don’t have to worry about a thing. This way, you’ll be looking only at houses that match your criteria, and you won’t be wasting your time. The realtor also gets paid by the seller when you take the home, which means you don’t have to pay them directly.

Speak your mind

Save the trash talk for after the viewing but be sure to voice your opinion. Don’t be afraid to tell your realtor how you feel. You won’t offend them if you don’t like a certain house. It’s their job to find you the perfect dwelling. If you don’t like something, let them know so you don’t end up seeing more of the same.

Take your time

House hunting is a long, tedious process. It’s not something you want to breeze through. If you can, avoid scheduling any activities for two hours after a showing. You don’t want to feel rushed into anything. Take your time and be thorough. Don’t be afraid to get in there and open cupboards, cabinets, drawers, and closets. Get familiar with the place. You’re not snooping, don’t worry. You’re there to gather information, but you can’t do that without taking a look.

Viewings can take several hours; take advantage of the time you’re given. If you end up liking a place, you’ll spend more time there. If you end up really liking a place, you might

want to place an offer immediately. This will add even more time to your stay. Make a day of it and take your time.

Apply for your mortgage pre-approval

A mortgage pre-approval confirms the amount you qualify to borrow and protects you from rate increases for up to 120 days. Mortgage pre-approvals from your bank aren’t a guarantee. Talk to an experienced broker instead. At, mortgages are all we do. It’s what we’re good at. Take a look at our Guide to Easy Mortgage Approval to get an idea of the paperwork you need for your mortgage pre-approval.

When you’re ready to apply for your mortgage pre-approval, use our secure online form. We’ll get back to you on the same day with the best mortgage in the market for your situation.

Questions? Let’s talk. We can walk you through the process and explain everything you need to know to buy your dream home. Call us at 613-563-3447 or use our contact form.

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Contact Us

  • Ottawa-Carleton Mortgage Inc
    381 Richmond Road Ottawa,
    Ontario K2A 0E7
  • Phone: 613-563-3447
    (24 hours)
  • Fax: 613-563-3195

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