Mortgage Fraud in Canada: What It Is and How to Avoid It Mortgage fraud – deliberately providing false or misleading information in a mortgage application – is a growing concern in Canada. It occurs when borrowers (or industry insiders) misrepresent facts like income, debts, or identity to get approved for a loan or for better terms they wouldn't qualify for honestly. In today's hot housing market, the pressure to qualify for large mortgages is high. Unfortunately, this has led to a rise in fraudulent applications: Equifax reports mortgage fraud is 30% higher than pre-pandemic levels. (While one report noted a dip…

Are you a homebuyer in Surrey, BC, looking to navigate the complex world of mortgages? Our comprehensive guide delves into the diverse mortgage options available, from home purchase mortgages to mortgage refinances. With insights tailored to help you make informed decisions, this guide is your key to understanding the best mortgage solutions in Surrey. Explore your options and equip yourself with the knowledge needed to secure the perfect mortgage for your dream home.