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You don't need perfect credit, a huge down payment, or a fully mapped-out plan to get started. You just need someone who will take the time to listen, understand where you are coming from, and guide you forward with care. What I want my clients to know in 2026 is this: your story matters. You do not have to have it all figured out. We can take it one step at a time, together. If homeownership is on your mind this year, let's talk about what is possible. I am here when you are ready 🏡💛

Fixed? Variable? Or something in between? Let's talk about what actually fits your life. CMHC's 2025 Year in Review shows that more Canadians are leaning toward shorter mortgage terms and flexible options. Many buyers are looking at products that offer adaptability and room to adjust as life changes. You don't have to sort through all the options on your own. I can help you make sense of what might work best based on your goals, your comfort level, and what you're planning next. Ready to chat? Message me or reach out at: 780‑777‑6057 mortgages@karenpacheco.com

So grateful for kind words like this 💛 Helping you feel calm, clear, and supported through the mortgage process is exactly what I aim for. It's never just about rates or paperwork. It's about making sure you feel taken care of every step of the way. Thank you for trusting me to be part of your home-buying experience. It means everything. If you're looking for a mortgage that feels more like support and less like stress, I'm here when you're ready.

"If my bank said no, that means I'm out of options." Not true. Banks have very specific rules they have to follow. That doesn't mean your situation can't work. It just means it didn't fit their box. As a mortgage broker, I work with multiple lenders, each with different guidelines and specialties. One no is not the end of the conversation. It's often just the beginning of finding a better fit. If you've been told no before and felt discouraged, let's talk. I'll look at your full picture and help you understand what is possible.

New job? Growing family? Budget goals for 2026? Your life has changed, and your mortgage should reflect that. If it's been a while since you last looked at your current mortgage, now is a great time to check in. What worked a few years ago might not be the best fit today. You might be able to lower your payments, adjust your terms, or free up room in your budget for what matters most right now. Let's take a fresh look and make sure your mortgage still fits your life.

2026 marks an incredible milestone for Mortgage Architects. Twenty years of experience, trust, and a strong community of mortgage professionals. I have spent my entire career with MA, and this year also marks ten years for me in the mortgage world. Being part of this network has shaped the way I support my clients and the values I bring into every conversation. It has never been just about mortgages. It has always been about people. Happy 20th, Mortgage Architects 💙 #MA20thAnniversary

In a world full of emails and notifications, there is something so special about holding something real in your hands. One of my clients just sent me this photo. A collection of all the daytimers she has received from me over the years. It means more than she knows. This is what it is all about. Relationships, trust, and the moments that remind me how lucky I am to do what I do. Year after year, I am so grateful to be a small part of your life and your homeownership story.

If buying a home is on your 2026 list, here's what actually matters right now. You do not need to be scrolling listings or rushing into decisions. What matters most is understanding where you are today and what options are available to you. That clarity makes everything else feel easier when the time is right. This is a great moment to ask questions, look at your numbers, and start a plan that fits your life. No pressure. No timelines being forced. Just honest conversations and clear next steps. Planning early gives you confidence, not stress. And when you are ready to move forward, you will know exactly what to do next. If 2026 is part of your plan, I am always happy to talk it through with you.

Happy New Year! I hope 2026 brings you joy, health, and plenty of moments that feel like home. I am so grateful for the families I had the chance to work with this past year, and I cannot wait to see what the new year has in store. If buying, renewing, or planning for your next home is part of your goals, I would love to help you and your family make it happen. Cheers to new beginnings and a beautiful year ahead. 💛 Karen

New year, better mortgage! If you're stepping into 2026 with goals for your home or finances, this is the perfect time to take a fresh look at your mortgage. Maybe it is time to renew, refinance, or explore options that fit where your life is heading now. A few simple steps can put you in a stronger place for the year ahead, and I am here to help you make sense of it all. Let’s start the new year with clarity and confidence. Ready to see what is possible? Send me a message!

Happy holidays to you and your loved ones. 🎄 I am so thankful for the chance to slow down, spend time with family, and reflect on what an incredible year it has been. I am truly grateful for my amazing team and the clients who trust me to be part of such an important chapter in their lives. Thank you for the support, the conversations, and the moments we shared this year. Wishing you a season filled with comfort, joy, and all the people who feel like home.

Did you move this year? Here’s a little reminder that Santa always knows where to find your family. A new home can feel exciting and a little overwhelming for kids, especially during the holidays. A simple conversation can make all the difference. Let them know that Santa keeps track of families who move and that your new address is already on his list. You can also write a short letter to Santa sharing your new address. Sometimes that little extra reassurance is all kids need to feel settled and excited for Christmas. Wishing you a season full of comfort, joy, and moments that feel like home!

Happy Ugly Holiday Sweater Day! There is nothing better than a cozy sweater that is just the right amount of festive, sparkly, and slightly ridiculous. I pulled mine out, had a good laugh, and now I want to see yours, too. Share your favourite ugly sweater so we can spread a little holiday fun together! Let’s see those masterpieces! 🎄👕

Charlie and I had one of our favourite days today! We dropped off holiday hampers at Paul Kane High School in St. Albert, and this has become a tradition I look forward to every year. It is such a meaningful way for us to give back and support families in our community during the holiday season. Days like this are a reminder of how powerful kindness can be and how much it means to show up for one another. If you are able, I hope you find a way to give back this season. Even the smallest gesture can make a big difference. So grateful for moments like these and for the community we are lucky to be part of.

December is actually a really smart time to start planning your mortgage, even if you are not buying until spring. Things tend to slow down this time of year, which gives you space to think clearly, ask questions, and build a plan without feeling rushed. It is a great time to review your budget, check your credit, and understand your options for the new year. Getting organized now means you can head into spring feeling confident and ready, instead of scrambling when the market picks up. Planning does not mean pressure. It just means giving yourself a head start. If buying in the spring is on your mind, I am always happy to talk it through with you.

This holiday season, give yourself a gift that lasts all year. A better rate on your mortgage! If your renewal is coming up or you are considering refinancing, now is the perfect time to review your options. Even a small change in your rate can make a big difference in your monthly budget and long-term goals. Let’s see what is possible for you and your family. A little planning now can set you up for a fresh start in the new year. Ready to talk? Send me a message!

The Bank of Canada held its policy rate steady at 2.25% today, with most lenders' prime rates remaining at 4.45%. Renewing in 2026? Read this twice. The math is sobering:​ The average Canadian renewing in 2026 is expected to face about $513 more per month in payments. Here’s how to get ahead of it: ●Start the renewal conversation early. This protects your options and provides a better understanding of what your new payment may be. ●Check where you stand today. It can take as little as 30 - 60 days to improve your credit and open you up to better rates. ●Avoid the “click to renew” trap. It’s easy, but you could be leaving money on the table. This is a market where expert strategy matters more than ever. Feeling the budget squeeze? Cash-flow pressure is affecting many homeowners. Before a missed payment limits your choices, let’s review your options to improve affordability. 📅 The next Bank of Canada announcement is January 28, 2026, but you don’t need to wait to make a smart move. Send me a message to get started today!

First-time homebuyer and feeling behind? You are not. You just have not had a plan that fits your life yet. Everyone’s starting point looks different. Saving, credit, income, family needs, and timing all play a role. The good news is that a clear plan can change everything. Once you understand your numbers, your options, and the steps ahead, things start to feel doable instead of overwhelming. You are not late. You are not off track. You are simply ready for a plan that works for you. If you want help building that plan, I am here to walk you through it.

If it’s been a while since you looked at your mortgage, now’s the time. In less than 5 minutes, I can tell you if you’re still in the right product or if it’s time to switch things up. No paperwork. No pressure. Just a quick review that could save you money. Send me your rate and renewal date. I’ll do the rest.

Planning to downsize so you can travel more often? Let’s take a look at your options. A new chapter often comes with new priorities. Maybe you want less upkeep, a quieter space, or a home that feels more manageable for your lifestyle. Whatever your reason, downsizing can open the door to more freedom and financial flexibility. I can help you explore what this move could look like, from your mortgage options to how your budget might change. You do not have to figure it out on your own. Let’s talk about the next steps when you are ready!

Let’s be honest. Not all mortgage advice is created equal. Here’s how I do things a little differently from the bank: I work around your schedule, not banker’s hours. I shop around and compare multiple lenders to find the right fit. And I help you build a mortgage that supports your actual life… not just the numbers on paper. You don’t have to take the first offer you’re given. Let’s explore your options together and find one that truly works for you.

Every time I help someone through the mortgage process, I learn something new. Patience. Perspective. And just how much it means to feel supported. I’ve learned that most people don’t need more numbers. They need someone who listens and helps them feel confident. If you’ve ever felt overwhelmed or unsure during the mortgage process, you’re not alone. And you don’t have to figure it out by yourself. Let’s talk about what support looks like for you.

If I could go back and give my younger self one piece of advice, it would be this: Don’t wait until everything feels perfect. You don’t need to have it all figured out to get started. You just need to know your options. The earlier you start asking questions, the clearer the path becomes. Thinking about buying one day? Start learning today. I’ll help you take the first step.

No two mortgages are the same because no two lives are the same. Some of my clients are buying their first home while working night shifts and raising toddlers. Others are starting over after a divorce, building something new just for themselves. Some are downsizing. Some are investing. Some just want a little breathing room in their monthly budget. That’s why I don’t give one-size-fits-all advice. I take time to listen, understand your goals, and build a plan that actually fits your life. If you’re looking for a mortgage that feels like it was built for you, let’s talk.

Just because you started with your current mortgage doesn't mean you have to keep it. When your mortgage comes up for renewal, it's a great time to pause and ask: does this still fit my life? Maybe your income has changed. Maybe your goals look different. Maybe there's a better rate or structure that makes more sense now. You're not locked in. You don’t have to accept the first offer your lender sends. And you deserve to know all your options. If your renewal is within the next six months, let’s take a look together. A quick review could save you money and give you more flexibility going forward. Message me anytime to get started.

Today, we pause to remember. To honour the courage and sacrifice of those who served—and those who continue to serve—so we can live with freedom, safety, and peace. Let’s take a moment to reflect, to say thank you, and to teach our children what this day truly means. We will remember them. Lest we forget.

If you’ve been wondering whether it’s better to rent or buy, here’s a quick breakdown to help you decide based on your lifestyle: 🏠 Owning a Home ✔️ Builds equity over time ✔️ Stable payments with a fixed mortgage ✔️ You can renovate + truly make it yours ✖️ Upfront costs + maintenance are on you ✖️ Less flexibility if you want to move fast 🏡 Renting a Home ✔️ Flexible and low-commitment ✔️ No repair or maintenance stress ✖️ Rent can go up anytime ✖️ You’re not building long-term equity There’s no “one right answer," just the one that fits your goals, comfort zone, and season of life. 💬 Not sure what makes the most sense right now? Send me a message and I’ll help you explore both options without pressure.

You don’t have to have it all figured out. But if buying a home is on your 2026 vision board, here are three things you can do this week to start moving toward it: ✔️ Check your credit score ✔️ Look at your monthly comfort zone (not just max budget) ✔️ Start gathering 2–3 key documents (like pay stubs or T4s) That’s it. No big moves. No pressure. Just small steps that lead to something bigger. Want me to map out the rest of your timeline? Send me a message and I’ll help you build your 2026 plan, one simple step at a time.

Tell me what your life looks like. I’ll find the mortgage that fits. Do you work night shifts and crash mid-morning? Juggle school drop-offs and grocery runs? Plan your budget down to the penny, or are you just trying to get a fresh start? Your mortgage should match you. Not just your income. Not just your credit score. Your real life. I’ll listen first. Then I’ll build a plan that works for your world, not the bank’s. Send me a message!

Feeling so grateful for kind words like this 💛 Helping you navigate the mortgage process without overwhelm is exactly why I love what I do. Every step matters, and I’m so glad I could make it feel smooth and stress-free for you. Thank you for trusting me to be part of such an important chapter in your life. It truly means the world. If you’re starting your home-buying journey and want support that feels personal, honest, and pressure-free, I’m here for you. Let’s talk!

Happy Halloween! 🎃 I’ll be over here pretending the mini chocolate bars don’t count if you eat them while standing. Wishing everyone a fun night filled with good costumes, lots of laughs, and just the right amount of sugar.

The Bank of Canada just announced a 0.25% cut again this morning, bringing the overnight rate to 2.25%. If you are considering buying, now is the time to secure a rate hold, ensuring you are protected if rates rise again. If your mortgage is renewing in 2025, do not accept the first offer your lender sends you. We need to review all the options so you can save money, improve cash flow, or tailor your mortgage to match your next three to five years. The next Bank of Canada announcement is on December 10, 2025.

This weekend was such a special night at the Buckle Up Benefit hosted by Shea-Lynn’s Butterfly Effect. I was proud to be a sponsor for this incredible fundraiser and to support the important work they’re doing to raise awareness for seatbelt safety and honour the lives touched by this cause. It was an evening filled with connection, purpose, and heart. It’s always inspiring to see people come together to make a positive impact. Thank you to everyone who helped make the night so meaningful. 💛 Learn more at @shealynnsbutterflyeffect

Game one and I’m officially on the Blue Jays playoff bandwagon! 💙⚾️ I’ll be honest, I have never watched a baseball game in my entire life. But I started following the playoffs and now I’m completely hooked. The energy, the teamwork, and the excitement make it impossible not to cheer along. So here I am, all in and cheering loud. Go Jays go! 🙌💙

Behind every mortgage is a moment like this. You and your family stepping into your new home for the first time. The sound of kids running down the hallway. That first quiet morning coffee in your own kitchen. These are the moments that make all the planning and paperwork worth it. My goal is to help you get there with confidence and care, so when that day comes, you can simply enjoy it.

If you’ve been thinking about working together, here’s what you can expect. From the very beginning, I’ll take the time to get to know you and what matters most to your family. We’ll talk through your goals, your questions, and even the parts that feel a little uncertain. Nothing is off limits. You’ll always know what’s happening and why. I’ll explain everything in plain language and make sure you feel confident before every decision. You can expect honesty, support, and a calm process from start to finish. My goal is to make things simple, clear, and built entirely around you. Ready to chat about your next step? Send me a message!

The best part of my job is getting to know the amazing families I work with. Every story is different. Every goal is unique. And that’s exactly how it should be. My job isn’t about cookie-cutter solutions. It’s about finding something that truly fits you and your family. I take the time to listen, understand, and build a plan that feels right for where you are and where you want to go. Because the right mortgage isn’t just about numbers. It’s about helping you create a home that feels like yours. Send me a message to get started today!

Is your mortgage renewal coming up this winter? Let’s make a plan together to find the best solution for you and your family. The key is timing. Start 130 days before your renewal date. That gives us about ten days to gather your paperwork and another 120 days to explore rates and renewal options. This timeline gives us the best chance to secure great terms and avoid feeling rushed. We can review your current mortgage, compare lenders, and make sure your next term fits your goals. Planning ahead always pays off. Let’s start the conversation now so you’re ready when your renewal date arrives.

Happy Thanksgiving! I’m so thankful for the incredible people I get to work with every day. My amazing clients who trust me to be part of such an important chapter in their lives. My supportive community that continues to inspire me. And my team who puts their heart into everything they do. This season is a reminder of how special it is to help people find a place to call home. I’m grateful for every conversation, every milestone, and every person who has been part of this journey. Wishing you a Thanksgiving filled with good food, laughter, and the people who feel most like home. 💛 Karen

So exciting to see the Oilers back in action! 💙🧡 Here’s to another season of cheering loud, believing big, and celebrating every goal along the way. Let’s go Oilers!

When your mortgage term is nearing the end, your current lender will send you a renewal letter. It’s usually a simple offer to continue with a new term and rate. It might seem easy to just sign and send it back. But here’s the thing: that offer might not be your best option. Lenders count on you saying yes without asking questions. But you can shop around, compare rates, and explore better terms that align with your current goals. Before signing anything, let’s take a look together. You might be able to save money, gain flexibility, or make changes that better suit where you’re at today. Renewal coming up? Let’s talk first

Buying a home on your own can feel overwhelming at first, but you’re not alone. And you are more capable than you think. I’ve worked with many single buyers and divorcees who started out unsure, only to discover they had more options than expected. Together, we made a plan, looked at the numbers, and found a path that felt calm, clear, and completely doable. You don’t need to have it all figured out before reaching out. You just need someone in your corner who will listen, explain things in plain language, and help you move forward with confidence.

Let’s dream a little… What’s one non-negotiable in your dream home? Everyone has that one thing they can’t live without. Maybe it’s a spacious laundry room A big backyard for the kids A basement with a wet bar Or a quiet home office with great light Whatever it is, I want to hear it! Tell me what your dream home looks like, and when you're ready, I’ll help you find the mortgage that fits. Drop your must-have below 👇

I get it. It can feel like a lot. Pay stubs, bank statements, tax documents.. there’s a reason I ask for it all up front. It’s not to make things harder. It’s to make things smoother. When your documents are organized early, we can avoid last-minute surprises, keep your file moving quickly, and make sure your approval is as strong as possible. It also gives us more options. The more complete your file is, the more confident lenders feel, and that opens doors. So yes, it’s a little work now, but it’s worth it. And I’ll be here to walk you through every step. Questions about what you need to gather? I’m just a message away.

Today, we honour the National Day for Truth and Reconciliation. It's a time to reflect, remember, and stand with the survivors, families, and communities affected by residential schools. Wearing orange is one small way we show support, but the heart of this day is about listening, learning, and acknowledging the truth. Let’s hold space for the stories that need to be heard, commit to continued learning, and take steps toward meaningful reconciliation. Every voice matters. Every action counts. 🧡

Life never stands still. Kids grow, careers shift, families change, and retirement starts to feel closer than it once did. Each of these milestones can change what you need from your mortgage. If your renewal is coming up, it is the perfect time to pause and review. The mortgage you set up years ago may not fit your life today. Together, we can explore your options, restructure if necessary, and ensure your mortgage aligns with your current financial situation. A renewal is not just paperwork; it is an opportunity to set yourself up for the next chapter with confidence.

Would you buy a brand-new build or a charming older home? Both come with their own kind of magic. A new build gives you fresh finishes, modern layouts, and fewer immediate repairs. An older home often brings character, mature trees, and a neighbourhood that feels established. The best part is we are lucky to have both to choose from right now in St. Albert. Which would you lean toward if you were house shopping today?

The Bank of Canada just announced a 0.25% cut, bringing the overnight rate to 2.50%. This shift affects variable and adjustable mortgage rates, marking the first move since March. Most lenders’ prime rate now sits at 4.70%. So what does this mean for you? If you are considering buying, now is the time to secure a rate hold, ensuring you are protected if rates rise again. It is not always worth waiting for a slightly lower rate, especially when home prices make a bigger difference in the long run. If your mortgage is renewing in 2025, do not accept the first offer your lender sends you. We need to review all the options so you can save money, improve cash flow, or tailor your mortgage to match your next three to five years. If your renewal is in 2026, we can start planning now. In some cases, an early renewal or refinance can make more sense, and I can run the numbers so you know if paying a penalty today is worth it. The next Bank of Canada announcement is on October 29, 2025. You do not have to wait until then to make a smart move. Let’s talk strategy so you are ready.

Can I tell you a story about a family who almost missed out on their dream home? They had already fallen in love with the kitchen, the backyard, and the neighbourhood. Everything about the house felt right. Because we took the time to get them fully pre-approved, their offer went in with confidence. No last-minute surprises. No heartbreak. Too often people only get pre-qualified and later discover the home they thought they could afford is not actually within reach. A true pre-approval protects you from that disappointment and gives you the freedom to shop knowing your financing is solid. That is what I want for every client, the excitement of moving forward into a home you love.

Choosing paint colours, picking tile samples, and dreaming about the perfect kitchen backsplash is the fun part of buying a home! What many people don’t realize is that some of those renovation costs can actually be rolled right into your mortgage. With the Purchase Plus Improvements program, you can include the cost of upgrades in your financing, provided you have upfront quotes and the down payment reflects the improved value of the home. Things like kitchens, bathrooms, and flooring often qualify. It’s a smart way to move into a house you love and make it your own, without waiting years to save for upgrades. If you’ve got your eye on a home that needs a little love, let’s talk about whether Purchase Plus Improvements is the right fit for you.

Sometimes it just takes a fresh set of eyes on your finances, a little guidance, and a plan that actually fits your life. Not someone else’s checklist. You do not have to wait until everything is “perfect.” You do not have to figure it out on your own. That is where I come in. I will walk you through the steps, answer the questions that keep you up at night, and show you what is possible. Let’s take a look together. You may be closer to that dream home than you think.

Do you need flexible payments while you grow your business? More room for your kids to play? A fresh start after a big life change? That is where I start. Your story shapes the mortgage we choose together. It is never about squeezing you into a box. It is about finding a solution that fits the way you really live. Ready to start the conversation? Let’s sit down, talk about your life, and find the mortgage that makes sense for you. 780-777-6057

Long weekends are made for slowing down, enjoying time with family, and making space for a little fun. However you are spending this holiday Monday, I hope it is filled with good food, laughter, and plenty of relaxation. I will be back tomorrow, ready to help with all your mortgage questions. For today, let’s soak in the extra time off and enjoy the holiday. Happy Labour Day!

Thinking about buying a home this year? It might feel like a big dream, but the truth is your first steps can be smaller and easier than you think. And you can start this week. Here are three things you can do right now that bring you closer to holding those new house keys: 1️⃣ Check your credit. Gain a clear understanding of your current position and what lenders will see. 2️⃣ Get your documents together. Pay stubs, tax returns, proof of income. It may not be glamorous, but having them ready makes the pre-approval process a breeze. 3️⃣ Talk to a broker (hi, that’s me 👋). A quick conversation can show you what is possible this year, even if you feel unsure. Buying a home does not happen overnight, but the steps you take this week could be the difference between “maybe someday” and “we did it this year.” Ready to start? Send me a message. I will make the process simple, clear, and even a little fun.

When the right home hits the market, you want to be ready to act. Getting a pre-approval gives you a clear edge. It shows sellers you’re serious, helps you move quickly, and gives you a solid understanding of your budget from the start. If you’re starting to look or thinking about buying soon, let’s get you ready so you can move forward with confidence. Start your pre-approval by visiting the link in my bio!

It’s National Dog Day, and I couldn’t let the day go by without showing some love to my favourite furry assistant! Charlie is never far. From early mornings in the office replying to emails to quiet pauses between client calls, he has a way of bringing calm to even the busiest days. If you’re dreaming of a home that feels just right for both you and your pup, I’d love to help you find it.

Thinking about moving from Edmonton to St. Albert? Here’s what you might notice. The pace shifts. Things feel a little more relaxed, a little more community-focused. You’ll still find all the amenities you’re used to, but with more green space, local events, and a small-town feel that makes everyday life feel a bit more connected. Schools, parks, and family-friendly neighbourhoods are a big draw. Many clients tell me they love the quieter streets, the sense of safety, and how easy it is to get to know their neighbours. But there are also a few things to plan for. Property values, taxes, and insurance costs can look a little different between cities. Commute times may change, and lender expectations can shift depending on the type of home and the area in which you're buying. If you're thinking about making the move, I can help you look at how it fits your lifestyle, your goals, and your mortgage plan. We’ll walk through everything together so there are no surprises! www.karenpacheco.com

Being a mortgage broker is more than just a job for me. I love what I do, and even more than that, I love who I get to do it for. Helping people step into homeownership with confidence is something I’ll never take for granted. Every client brings a new story, and I’m so grateful to be part of that journey. I also get to work alongside an incredible team that cares just as deeply as I do. And being rooted in a community that supports one another makes it all even more meaningful. Thank you for letting me be a small part of something so big. 💛 Karen

If you’re asking that question, you’re not alone. Maybe you're a single parent, starting fresh after a divorce, or moving out on your own for the first time. Whatever your story looks like, homeownership is still within reach. The path might look a little different, but it starts with a plan. We’ll look at your income, debts, and savings, then explore the options that work for you. I’ll guide you through every step with clear advice and honest answers. You don’t need to have it all figured out. You just need someone who will meet you where you’re at and walk beside you. That’s what I’m here for. If owning a home is part of your next chapter, let’s talk about how to make it happen.

Thinking about getting pre-qualified for a mortgage? Here’s why I don’t recommend it. Pre-qualification is based on unverified information, which means it doesn’t give you a clear or reliable picture of what you can actually afford. It might feel like a quick first step, but it can lead to disappointment when it’s time to make an offer. Instead, I recommend a firm pre-approval. That means your documents are reviewed, your numbers are confirmed, and you can shop for a home with confidence knowing exactly where you stand. If you’re not sure where to start, I’m here to walk you through it all.

You don’t have to wait until you’re ready to buy. In fact, one of the best times to reach out is when you’re still figuring things out. We can talk through your goals, look at where you’re at, and build a plan that makes sense for your timeline. Whether you're a year away or just starting to think about it, I’m here to help you feel clear and confident every step of the way. Let’s start with a conversation! mortgages@karenpacheco.com

Renewal coming up? This might be the perfect time to take a closer look at your options. If you’ve built up some equity in your home, you could explore ways to refinance, restructure your mortgage, or even reduce your monthly payments. A small change could make a big difference in your day-to-day budget or future plans. Every situation is a little different, and that’s where I come in. Let’s take a look together and see what’s possible.

I’ve seen this more than once. A young family came to me thinking they needed 20 percent down to buy a home. They assumed they had to wait and keep renting until they could save more. Once we sat down and walked through their options, they learned about insured mortgages and discovered they could get approved with just 5 percent down. They’re now in a home that fits their family and their budget. If you’re unsure about what’s possible for your situation, let’s discuss. You might be closer to homeownership than you think.

Let’s find the right mortgage for you, not just the lowest rate. A low rate can sound appealing, but there’s more to consider. The right mortgage fits your life, your goals, and your plans for the future. That might mean more flexible terms, fewer penalties, or better options if things change down the road. I’ll help you look at the full picture so you can make a decision that feels good now and in the future. Ready to explore your options? Send me a message today!

One of the most expensive mistakes homeowners make is letting their mortgage auto-renew without taking a closer look. When your term ends, your lender will often send a renewal offer and hope you’ll sign without asking questions. But that offer might not be the best one available. This is your opportunity to reassess your goals, explore alternative lenders, and discover a more suitable rate or term that aligns with your current life. You worked hard for your home. Let’s make sure your mortgage is still working for you. Reach out if your renewal is coming up!

If your mortgage renewal is coming up, planning ahead gives you more control and better options. Here's your full renewal timeline: → 365 days before renewal Start thinking about your long-term goals. Would you like to pay off your mortgage sooner, lower your monthly payment, or access equity? Now is a great time to reflect on what matters most to you moving forward. → 180 days before renewal Take a look at your current finances. Review your income, any new debts, and your monthly budget to ensure you're on track. This will help us find the right solution for your next term. → 130 days before renewal Start gathering your documents. That includes recent pay stubs, your most recent Notice of Assessment, a current mortgage statement, and bank statements from the last few months. Getting these ready early makes everything easier later on. → 120 days before renewal Reach out to review your options. This is when we can start comparing lenders, locking in a rate, or adjusting your payment terms. → 90 days before renewal Narrow down your options. We’ll review what’s available and decide on the best rate and lender for your goals. → 60 days before renewal Finalize paperwork. Once your decision is made, I’ll help complete everything so you’re ready for a smooth renewal. → Renewal day Your new term begins, and you move forward with clarity and confidence. If your renewal is less than 130 days away, now is the perfect time to get started. I’ll help you through each step and make sure nothing gets missed. 780-777-6057

Renewal coming up? Let’s make sure your mortgage still works for you. When your term ends, it’s the perfect time to reassess—your best rate or terms might not be with your current lender anymore. That’s why it’s so important to explore your options instead of just signing the renewal. Whether you’re hoping to lower your rate, adjust your payments, or switch lenders, I’ll walk you through it all. Together, we’ll make sure your next term lines up with your current goals and future plans. Ready to review your renewal options? Let’s chat.

BREAKING! The Bank of Canada has held its policy rate steady at 2.75%. As expected, there’s been no change to the policy rate; it’s staying put at 2.75%. Lauren van den Berg, President and CEO of Mortgage Professionals Canada, weighed in on the decision: “The Bank of Canada had a tough call to make given all the economic uncertainty we’re seeing right now — from rising inflation to unpredictable U.S. trade moves. Tariffs, especially, are top of mind for Canadians, with many pointing to trade tensions as the biggest challenge to keeping prices stable. The recent threat of a broad 35% U.S. tariff only adds to the pressure. Rate relief will be crucial moving forward, especially as our latest housing market report shows the financial strain Canadians are facing — whether they're trying to buy a home or renew a mortgage.” The next Bank of Canada announcement is scheduled for Wednesday, September 17, 2025. What does this mean for you? If you have an adjustable-rate mortgage or a home equity line of credit, your payments won’t change for now. Variable-rate mortgage holders, your monthly payments stay the same (although what portion goes toward interest vs. principal may shift). Fixed mortgage rates have stayed relatively stable over the past few weeks. If you're unsure how this impacts your mortgage or want to chat through your options, feel free to reach out.

Until you’ve officially closed and the keys are in your hands, it’s best to press pause on big purchases or new credit applications. Even something as simple as financing new furniture can impact your debt-to-income ratio and risk your mortgage approval. I know it’s exciting, but let’s keep everything on track. Have questions about what’s safe to do before closing day? I’m just a message away. (780) 777-6057

Looking for a mortgage that actually fits you? With a fresh perspective and a personalized approach, I’ll help you find the mortgage solution that lines up with your life, your goals, and your next big move. Let’s take the guesswork out of the process and put a clear plan in place to get you home with confidence.

Let’s talk about where your down payment can come from. There are two main types: traditional and non-traditional. ✔️ Traditional down payments come from your own savings, RRSPs, a gift from an immediate family member, or the sale of a property. These are the most common and widely accepted by lenders. ✔️ Non-traditional down payments might include borrowed funds, personal loans, or credit cards. These can sometimes be used, but they come with extra rules and conditions, and not all lenders will accept them. If you’re unsure where your down payment fits or what’s allowed, I’m here to help you sort it out. We'll review your options and make sure your plan lines up with what lenders are looking for. Let’s make your homeownership path as smooth and informed as possible. karenpacheco.com

Thinking about buying a condo? Let’s chat about condo fees. Unlike single-family homes, condos come with monthly fees that cover shared expenses like maintenance, insurance, and amenities. These fees aren’t just a side note; they can impact how much mortgage you qualify for. Understanding how condo fees fit into your budget is key, and I’m here to help you make sense of it all. If you’ve got questions, I’ve got answers. Let’s walk through your options together.

Great news for Métis Citizens in Alberta. The Down Payment Assistance Program is reopening on August 5, 2025, and it’s an incredible opportunity for those who are working towards homeownership. This program offers a forgivable loan of up to 5 percent of the purchase price, to a maximum of $20,000. These funds can be applied directly toward your down payment, making homeownership more accessible. The last time this program was open was October 2024, and it filled up quickly. I’ve already had quite a few clients asking about it, so I expect this round to move fast too. To apply, you'll need a firm pre-approval and proof of it. That’s where I can help. If this program is a fit for you, let’s make sure everything is in place so you’re ready to go the moment applications open. Message me if you'd like to start preparing. 780-777-6057

Wondering how to boost your credit score? You're not alone, and the good news is there are a few easy ways to start: ✔ Always make at least the minimum payment on time ✔ Keep your credit card balances below 30% of your limit ✔ Avoid applying for too much new credit at once ✔ Don’t close old accounts unless you need to ✔ Check your credit report for any errors You don’t need a perfect score to explore your options. Small changes can add up quickly, and I’m happy to help you create a plan that works for you. Ready to get started? #stalberthomes #stalbertmortgage #t8n

What do you actually need to get a mortgage? That’s one of the first questions I hear, right after “how soon can we start?” Here’s the short version. Lenders want to see who you are, what you earn, what you owe, and what you’ve saved. That usually means: • A piece of photo ID • Proof of income (like recent pay stubs or a letter from your employer) • A couple of months of bank statements • Your most recent tax return or Notice of Assessment • Details about any loans or debts Every file is a little different, and I’ll tell you exactly what’s needed for yours. My goal is to keep things clear, calm, and easy to follow. If you're ready to take the first step, let's chat!

Stop stressing about mortgage rates! You don’t need to watch every headline or guess when to make a move. That’s my job. Because I work with lenders every single day, I know who’s offering the most competitive rates, which lenders are the best fit for certain buyers, and which options are worth jumping on. Some of the rates I can access aren’t even available to the public. They come through broker-only relationships, and I’m here to help you take advantage of them. You don’t have to settle. You don’t have to guess. And you definitely don’t have to do this alone. Let’s talk about your mortgage goals for you and your family!

Running your own business shouldn't make buying a home feel out of reach. If you're self-employed and wondering how the mortgage process works for you, you're not alone. The steps might look a little different, but that doesn’t mean it has to be harder. With the right guidance, you can absolutely move forward with confidence. I’ll help you make sense of the numbers, prep the paperwork, and find the lenders who understand self-employed income. Let’s talk about what’s possible for you. (780) 777-6057 #yegbusiness #stalbertbusiness #t8nbusiness

You’re not too late to learn. You’re right on time. Maybe the last time you bought a home, someone else handled the numbers. Maybe you didn’t get the full picture or didn’t feel comfortable asking questions. This time, it gets to be different. You get to ask everything. You get to understand each step. And I’ll explain it all in plain language so you feel confident, not confused. You’re not expected to know it all already. That’s what I’m here for. Reach out anytime! 780-777-6057

Debt doesn’t disqualify you. It simply provides a starting point. Whether it’s a car loan, student debt, or credit cards, having some debt is a normal part of life. What matters most is how we plan around it. When we sit down together, I’ll look at the full picture. We’ll figure out what’s possible, talk through your options, and take real steps toward your home goals. You don’t need to have it all figured out before reaching out. Let’s start the conversation when you’re ready.

Wishing you a Happy Canada Day filled with family, sunshine, and all the things that make home feel like home. I’m so grateful to live and work in a country where we get to help people plant roots, build dreams, and create spaces that feel safe and loved. Here’s to good neighbours, fresh starts, and a place to call your own! Happy Canada Day!

Not sure if your current bank is the right fit for your mortgage? You are definitely not the only one. You are not required to stay with the same bank just because it's familiar. As a mortgage broker, I work with a wide range of lenders to find the best match for your lifestyle, goals, and future plans. From flexible options to better rates, there may be choices out there that fit you more comfortably than what your bank is offering. You deserve to know what those options look like. Let’s sit down, talk it through, and find the right fit together!

Thinking about buying your first home in St. Albert? I work with a lot of first-time buyers and have seen what makes certain neighbourhoods a great fit. Akinsdale, Deer Ridge, and Heritage Lakes are well-loved for their family-friendly feel, walkability, and good value. I will leave the house tours to your realtor, but when it comes to your mortgage, I will help you understand what you can afford and how to make your offer stronger. If you're just starting to explore your options, getting pre-approved is the best first step. It helps you shop with clarity and confidence. Let’s chat about what would work best for you and get a plan in place that feels just right!

If your mortgage is up for renewal on or before October 23, 2025, now’s the perfect time to start planning. We’re in that ideal 120-day window, which means you can lock in a rate today and protect yourself from any potential increases that could come with the Bank of Canada's next announcement. One important detail to know: your funding date needs to match your renewal date. If it doesn’t, you could be hit with a penalty. But don’t worry, I’ll walk you through all of that. Let’s make this process clear, calm, and completely stress-free. I’ll help you get everything in place so you can move forward with confidence. Ready to look at your options? Let's connect!

If my own family were buying their first home, here is what I would tell them: Start early, even if you are not ready to buy just yet. The more time you give yourself to prepare, the more confident and calm the process will feel. Your down payment does not have to be perfect to get started. There are options available with a five percent down payment, and I can walk you through what is possible based on your specific situation. And when it comes to who you trust, work with people who take the time to understand you. You deserve support from someone who listens, answers your questions, and makes this feel personal. If buying your first home is something you are thinking about, let’s talk about where to begin. You do not have to do it alone 💛

Buying your first home comes with a lot of questions. And I’m here for all of them. Rachel came into the process feeling nervous (totally normal) but walked away feeling supported, informed, and confident every step of the way. She said: 🗨 “We never felt out of the loop.” 🗨 “Karen walked us through every step.” 🗨 “I’d trust her to guide me through anything.” That’s exactly what I want for you, too. No confusion. No second-guessing. Just a clear plan, honest answers, and someone in your corner who actually explains what’s happening and why. When you’re ready, I’ll be here to walk you through it all.

Go Oilers! 💙🧡 There is nothing like the energy of cheering on our team and seeing the city come alive with pride. Let’s keep the momentum going and show them we are behind them all the way! Let’s go, Oilers!

Happy Father’s Day to all the amazing dads, grandpas, and father figures who show up with strength, kindness, and heart every single day. Today is for backyard adventures, dad jokes, and being the steady presence your family can always count on. Wishing you a day filled with love, laughter, and a little time to relax. You deserve it!

You are not just buying walls and a roof. You are building a life. A place where bedtime stories are read, birthday candles are blown out, and Sunday mornings are spent in pajamas a little longer. Home is where your life happens, and that makes every part of this journey deeply personal. My job is to help make that journey feel clear, calm, and exciting. This is not just about paperwork. It is about creating a space where your family can grow, rest, and make memories for years to come. If you are dreaming about that next step, I would love to help you take it.

Thinking about a second property or vacation home? This could be the start of something really special for you and your family. A place to relax on weekends, gather with loved ones, or simply escape the day-to-day. Owning a second property can be both a personal retreat and a smart investment. Before getting started, it is important to look at the full picture. That means considering ongoing costs, such as maintenance, insurance, and taxes, and ensuring the location and type of property truly align with your lifestyle. Some clients even choose to rent out their second home when they are not using it, which helps cover expenses. If this idea has been on your mind, let’s talk through your options. We will make sure it lines up with your financial goals and feels right for where you are now and where you want to go next. Your second home might be closer than you think!

Some journeys to homeownership feel impossible at first, but I’m here to help you see what’s possible. Thank you, Christina, for this incredibly kind review. Helping first-time buyers feel heard, supported, and empowered is exactly why I do what I do. No question is too small, and no situation is too complex when you have someone on your side who truly cares. If you are feeling unsure about your next steps or think homeownership is out of reach, let’s talk. You might be closer than you think! #mortgageloanspecialist #mortgagearchitects

The Bank of Canada announced it is holding its overnight rate steady today at 2.75%. That means most lenders’ prime rates will remain at 4.95%. For those with variable-rate mortgages or home equity lines of credit (HELOCs), your rate is staying the same. → Bank of Canada’s Rate Change: No Change → Bank of Canada’s Overnight Rate: 2.75% → Most Lenders’ Prime Rate: 4.95% → Next Bank of Canada Announcement: July 30, 2025 While early 2025 showed slightly stronger growth than expected, signs of a slowdown are emerging. Housing activity has dipped, consumer confidence is down, and unemployment has edged up. Global trade tensions and persistent core inflation have also contributed to the Bank's decision to pause. Fixed mortgage rates have been fluctuating, with a nearly 30-basis-point increase in May due to sticky inflation and weak demand for bonds. If you're considering buying or renewing, now is a good time to secure a rate hold before further increases. If your mortgage is up for renewal in the next 6 to 18 months, starting to plan now can make a significant difference. We can review your current mortgage terms and penalties, assess whether extending your amortization could improve your cash flow, consider whether a Home Equity Line of Credit (HELOC) makes sense for added flexibility, and evaluate the impact of any life changes, such as a new car, move, or investment plans. Remember, the lowest rate isn't the only factor; the right mortgage strategy is key. For first-time homebuyers, there's good news. Starting May 27, 2025, the federal government is introducing a new GST rebate program. First-time buyers can receive a 100% rebate on the GST for new houses valued up to $1 million, potentially saving up to $50,000. For homes valued between $1 million and $1.5 million, the rebate phases out linearly. This initiative aims to make homeownership more accessible for Canadians. If you're planning to buy or renew, let's connect to discuss how these changes might benefit you. I'm here to help you navigate the process and find the best strategy for your situation.

When it comes to buying a home, sellers look at more than just the price. Factors such as financing, timing, and the emotional connection to a buyer can all influence their decision. If your offer has fewer conditions, a faster closing date, or comes with a solid pre-approval, it could stand out even if it is not the highest one on the table. Sellers want a deal that feels reliable and smooth, and that is where preparation makes all the difference! If you are thinking about buying and want to feel confident when the right home shows up, let’s talk. I will help you get everything in place so your offer checks all the right boxes! 780-777-6057

Budgeting is one of the most powerful tools you can use on your path to homeownership, and it does not have to feel restrictive or overwhelming! When we work together, I take the time to understand what your everyday life looks like, what matters most to you, and how your budget can support both your short-term comfort and long-term goals. It is not about cutting back on everything. It is about creating a plan that makes space for the life you want while building toward the home you have been dreaming about. If you are ready to look at your numbers and make a plan that actually fits, I am here to help you every step of the way. Send me a message to get started!

Having a lawyer by your side during the home buying process is not just helpful, it is essential. Your lawyer makes sure every part of your purchase is legally sound. They review your purchase agreement, explain the documents you are signing, and confirm the seller has the legal right to sell the property. They also check for title issues, unpaid taxes, or anything else that could cause problems down the line. When closing day comes, your lawyer handles the transfer of funds, ensures everything is registered properly, and provides a final breakdown of your costs. They are there to make sure nothing gets missed, so you can get your keys with total peace of mind. Buying a home is a big step. I am here to guide you through it and connect you with professionals you can trust to make the process feel clear and supported from beginning to end! #yeghomes #stalberthomes

You are in a home you love right now, but you know your family will outgrow it soon. If that next chapter is starting to cross your mind, it is never too soon to start planning. Meeting with a mortgage broker early gives you time to understand your options, improve your financial position, and feel fully prepared when you are ready to make a move. If you are thinking about buying someday, let’s start planning today. Send me a message and let’s get you ready, step by step!

Wishing you a happy and restful May long weekend! I hope you get a chance to slow down, spend time with people you love, and enjoy a little fresh air this holiday Monday! These weekends always feel like the unofficial start of summer, and I am soaking up every bit of it with my family. Enjoy! 💛