What to Know When Applying for a Mortgage

Applying for a mortgage can be very stressful, but we want to help make the process a little easier for you.

The Phelps Difference: Sales

Let's build together! Our Phelps trained Sales Advisors are here to help find the right home for you. Alleviating the stress of house hunting and providing real answers is key to our approach.

Smithville's Renaissance

When you hear the word Renaissance, what comes to mind first?

The Mona Lisa? The invention of the printing press? Perhaps the coronation of Queen Elizabeth I?

What is the new first time home buyer's incentive?

 

Looking to buy your first home? The First Time Home Buyer Incentive Program (FTHBI) wants to make it a little easier for you to do so. The Canada Mortgage and Housing Corporation (CMHC) will contribute part of the down payment in exchange for sharing in the appreciation or loss when you eventually sell your home- known as shared equity or co-ownership.