Well, it has been my dream to purchase a new home. We have been planning for a new home from many years, but we had other financial commitments like student loan, and vehicle loan. Our car loan is not fully paid off yet, but since that will be over soon, we are thinking of making our dream come true. Now also, we do not have enough savings for a new home, but we could take a mortgage for this. But, since there is a pending mortgage, we are not sure if we would qualify for another mortgage. I was looking online to know more about this, and read a blog, http://www.albertamortgagecentre.com/qualifying-for-your-first-mortgage/, where they are discussing in detail about the qualifications required. We have good credit score, and we do pay all our monthly bills and installments on time. I wanted to know, we could apply for a second mortgage right ? Should it be with the same mortgage broker? Please help me with this.