One of the first questions we hear from buyers and homeowners is, “What credit score do I need to qualify for a mortgage?” The answer isn’t always straightforward, because credit requirements can vary by lender, mortgage type, and your overall financial picture. Understanding how credit scores are used can help you prepare and avoid unnecessary…
One of the most common questions homebuyers ask is: “How much mortgage can I actually afford?” While understanding your budget is essential, mortgage affordability depends on more than just your income. Factors like debt, down payment, and lender rules all play a role. That’s why having the right tools – and the right advice –…
One of the most common mortgage myths we hear is that you must have a 20% down payment to buy a home. While putting 20% down can be beneficial in some cases, it’s not required for many buyers in British Columbia. In fact, a large number of first-time and move-up buyers are surprised to learn…
If you’re buying a home in Kelowna, or anywhere in British Columbia, you already know howoverwhelming it can feel. Between rising home prices, changing interest rates, and strict lendingrules, it’s easy to feel unsure about where to start with obtaining a mortgage. That’s whereworking with a mortgage broker can make a real difference. More Choices…
Whether you’re dreaming of a vacation home or considering a rental property as an investment, financing these types of properties in British Columbia works a little differently than buying a primary residence. At Rampone-Marsh Mortgages, we help Kelowna and Okanagan Valley clients understand their options before they make a move—so there are no surprises along…
If you’ve been researching mortgages in British Columbia, you may have come across the Mortgage Services Act (MSA), a new provincial framework set to take effect on October 13, 2026. At Rampone-Marsh Mortgages, we believe it’s important that our clients understand not just what’s changing, but why it matters to you as a homebuyer or…
When you’re preparing to buy a home, it’s easy to get confused by mortgage terminology—especially when it comes to “pre-qualification” and “pre-approval.” At Rampone-Marsh Mortgages, we believe clarity builds confidence. Here’s what you need to know about the difference between these two steps, and why one carries far more weight when you’re ready to start…
Choosing the right mortgage is one of the biggest financial decisions you’ll make, and havingthe right broker on your side makes all the difference. At Rampone-Marsh Mortgages, webelieve in transparency, trust, and clear communication. Before you begin your application, hereare the key questions we believe every homebuyer should ask—so you can feel confident andinformed at…
The Kelowna real estate market continues to shift, and for many homebuyers, understanding what’s happening can feel challenging. At Rampone-Marsh Mortgages, we believe that informed decisions come from honest, straightforward guidance. That’s why we’re sharing the key trends we’re seeing right now—and how they may impact your next move. Rising Inventory Means More Opportunities for…
Rates Are Changing — Your Strategy Should Too If your mortgage is up for renewal in 2026, this will not be the year to accept the first offer your lender sends. Many homeowners in BC and Alberta are coming out of historically low-rate mortgages from 2021–2022, and renewal rates today could be much higher —…
Buying a home in the beautiful Okanagan Valley, or anywhere across BC or Alberta, can be exciting—but maybe a little overwhelming? We find that many buyers could potentially make mistakes that cost them time, money, or stress. One of the biggest pitfalls? Trying to navigate the mortgage process without expert guidance. Here’s what you need…
Why Now Might Be Your Moment After years of uncertainty, 2026 is shaping up to be a more balanced year for first-time homebuyers. Interest rates dropped in October, and the housing supply remains strong in cities such as Kelowna, Vernon, Calgary, and Edmonton. There are also additional government incentives to support new buyers. The Challenges…
