CMA Blog

Canadian Mortgage Awards 2016!

The Canadian Mortgage App team was extremely excited and honoured to be able to attend the 10th Annual Canadian Mortgage Awards ceremony which took place at Liberty Grand in Toronto on May 13, 2016.

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Advertise As A Local Expert

We know you have been wanting to advertise on the #1 ranked Mortgage App for a while but just weren’t sure how many leads you would receive and if it was the right fit for you.

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Extra Payment Analyzer

Over the course of your loan’s amortization, you will spend hundreds and thousands of dollars on interest. However, by making a small additional monthly payment towards the principal you can drastically accelerate the term of your loan and can greatly save in interest payments.

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GDS / TDS Calculator

Previously, we told you about the new affordability screen available on the CMA and how it calculates how much you can borrow by using the industry standard debt ratio (GDS/TDS).

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Affordability

Buying a home is one of the biggest and most important investment many of us will ever make. Therefore it’s important to be able to know exactly how much you can afford to borrow for your mortgage beforehand whether you are a first time home buyer or looking into getting a second mortgage. The Canadian Mortgage App team has created a new and innovative affordability estimator to help you do just that.

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Closing Costs

We all know that the expenses, such as legal and administrative fees, associated with the purchase of a home can really add up and many first-time home-buyers underestimate the exact amount required. Normally, you would want to allocate about 3-4% of the purchase price for a resale home to cover Closing Costs. In addition to the Closing Costs, there are other expenses, fees or events that may require budgeting for when your house closes which can be very stressful to calculate.

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We Did It For BlackBerry

At Bendigi Technologies Inc, we value and appreciate our IOS and Android user and continue to provide them with awesome features on the Canadian Mortgage App because we know mobile usage in Canada is rapidly growing, especially on Smartphones.

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The 2015 Canadian Mortgage Awards!

The 2015 CMAs took place in Toronto on May 22nd. Over 600 elite mortgage industry leaders came together to recognize and celebrate the best of the best within the industry.

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Amazing Milestone!

The Canadian Mortgage App has now reached 5,000,000 screen-views. We couldn’t have done it without you! Thank you for your continual support in making us the #1 ranked mortgage app in Canada.

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