by Shawn Selanders | Oct 19, 2026 | Mortgage Tips
Read this first • 30 seconds▶The bank does not take your house. You stay on title. Your estate never owes more than the home sells for.▶It is expensive money. Nothing is paid, so the interest compounds on itself every month.▶It is the fourth door, not the...
by Shawn Selanders | Oct 5, 2026 | Mortgage Tips
Read this first • 30 seconds▶$60,000 on cards at 20% is about $1,000 a month in interest. It buys you nothing and reduces nothing.▶You can refinance to 80% of your home's value. Above that, no - there is no back door.▶Stretch it over...
by Shawn Selanders | Sep 28, 2026 | Mortgage Tips
Read this first • 30 seconds▶Interest on money you borrow to invest is tax-deductible only in a regular, non-registered account that earns income. Borrow to fund a TFSA or RRSP and there is no deduction. None.▶On $100,000 at 4.7%, that is...
by Shawn Selanders | Aug 23, 2026 | Mortgage Tips
I am going to be honest with you, because somebody in this conversation should be: a reverse mortgage is neither the miracle the TV commercials suggest nor the trap your neighbour warns about at coffee. It is a tool with a real price tag. Here is the price tag.The...
by Shawn Selanders | Aug 3, 2026 | Mortgage Tips
Short answer: yes. And for a lot of Southern Alberta homeowners, it is the single biggest monthly-cashflow fix available to them. Here is how it actually works — and when it does not.The math nobody shows youSay you are carrying $40,000 across credit cards and a line...
by Shawn Selanders | Jul 27, 2026 | Mortgage Tips
By Shawn Selanders - RECA-Licensed Mortgage Broker, Mortgage Architects - July 2026 I'm going to tell you something most mortgage brokers won't put on the internet. I've been divorced. I know what it feels like when the life you built becomes a spreadsheet of assets...
