Educational guide
Questions Canadian Homeowners Ask Before Applying
Educational answers to questions homeowners commonly ask before applying for a mortgage, refinance or reverse mortgage.
By Saminder (Sami) Juneja, Mortgage Broker · Published · Updated
Methodology note: this page is an educational guide. It contains no statistics. If we publish findings from anonymized company data, the sample size, date range and method will be stated here.
Frequently asked
Answers are general; your situation may differ.
- Will checking my options hurt my credit? — A broker's credit check is a hard inquiry, usually with a small, temporary effect.
- How much can I borrow? — It depends on income, debts, the stress test and the property.
- Should I renew with my current lender? — Compare at least one other offer first.
- Is a reverse mortgage safe? — It is regulated and you keep title, but the balance grows; review the trade-offs with family.
Cite this resource
Preferred title and URL for journalists and organizations:
Saminder (Sami) Juneja. “Questions Canadian Homeowners Ask Before Applying.” The Juneja Group, updated 2026-09-29. https://thejunejagroup.ca/research/questions-homeowners-ask-before-applying
Educational information only — not financial, legal or tax advice, and not an offer or approval. Rates and lender policies change; all financing is subject to lender approval.