Printing Imagination (and Homes!)

Katherine Martin • February 23, 2016

A child’s imagination is certainly something to behold. From pillow forts that double as outlying starbases, to walks in the forest that double as adventures travelling up and over the world’s tallest peaks, this gift that children possess- that of finding joy (not to mention awe and wonder) in the everyday is truly a thing of beauty. And, for a vast number of today’s children, one such imaginative outlet continues to be that of the lego brick; and why not?! These colourful shapes can turn the dullest of afternoons into an amateur engineer’s dream; vast worlds waiting to be created out of the simplest of shapes and forms.

On the other side of this creative coin (the adult side) sits the classic printer. From dot matrix, to inkjet, to laser, this technology has proved to be a complete game changer. The printer’s functions are incredibly useful, matched in practicality only by it’s complete and utter lack of “sleekness” and “sex appeal”. The printer is a boring machine. What it does is boring, its appearance (a gray box) is boring, and what it represents: endless cubicles, not unlike those in the cult classic film, Office Space , is boring; spitting out its’ “T.P.S reports”, until that fateful moment when the world is put on hold by some sort of “PC letter load” issue, or, worse yet, the dreaded paper jam.

But…

What if this incredibly useful (albeit, horribly yawn inducing) printer technology could somehow tap into the aforementioned imagination station that is the Lego brick? What if technological innovation could catch up to this childlike sense of awe and wonder? What if we could do things with the printer that would cause our young selves to flip with excitement; adult sized lego for the real world kinda stuff? Well, welcome to 2016.

The advent of 3D printing is well over a decade removed from us now (in fact, the first patent application for what would become this sort of techno advancement was filed way back in 1980 ). However, what was once considered very high on the novelty scale is proving, in the 21st century, to be a legitimate option for various industrial, construction (and humanitarian) projects moving forward, one of which is printing houses.

Yes, you read that correctly, printing houses; either by printing large pieces to be assembled like lego bricks, or by printing the whole thing at once; solid state.

Now, aside from the fact that this is an incredible feat of modern technology and innovation, let’s take a moment to ponder (some of) the potential benefits of printer technology as it relates to building our future homes, storefronts and office buildings:

Sustainable Housing/Materials

Of the groups doing this sort of research and design, there are a number who have developed, or are in the midst of developing large scale printers designed to fabricate homes out of the most basic of materials; everything from concrete, to clay, to, well…dirt. The italian based engineering company WASP, arguably the best example (currently) of this sector of the market, is betting on this technology and it’s ability to change the way we, as an interconnected global network, house the nations.

In a time when an ever increasing segment of society believes that proper housing should be a right and not a privilege, and in a world where variables such as human conflict and nature’s fury can wipe out established neighbourhoods in the blink of an eye, technology’s ability to speedily erect living spaces out of (literally) mounds of dirt is exciting, to say the least.

Cost

Aside from the cost of building and transporting these large printers (which, at this point is substantial), the cost of building the home is limited: fewer labourers, fewer supplies to be shipped and stored, and the use of local, sustainable materials could lead to significant savings.

Design Intricacies

Current construction/design engineering will soon be limited when compared to future computer based applications which are, as of this writing, being developed and tested. This is the power of technology at work. This is exciting.

Caveat

Now, it should be noted, at this point, that this field is still in its infancy. So there remains much to learn, and much to be done. Additionally, there are naysayers who remain firm in their position that, “this sort of fantasy will never become a reality”. To this we say, “it may be hard to be optimistic, to open up your imagination as you once did; but please try…just this once, for the rest of us.”

Printing houses. Seriously cool stuff.

Katherine Martin


Origin Mortgages

Phone: 1-604-454-0843
Email: 
kmartin@planmymortgage.ca
Fax: 1-604-454-0842


RECENT POSTS

By Katherine Martin November 12, 2025
Can You Afford That Mortgage? Let’s Talk About Debt Service Ratios One of the biggest factors lenders look at when deciding whether you qualify for a mortgage is something called your debt service ratios. It’s a financial check-up to make sure you can handle the payments—not just for your new home, but for everything else you owe as well. If you’d rather skip the math and have someone walk through this with you, that’s what I’m here for. But if you like to understand how things work behind the scenes, keep reading. We’re going to break down what these ratios are, how to calculate them, and why they matter when it comes to getting approved. What Are Debt Service Ratios? Debt service ratios measure your ability to manage your financial obligations based on your income. There are two key ratios lenders care about: Gross Debt Service (GDS) This looks at the percentage of your income that would go toward housing expenses only. 2. Total Debt Service (TDS) This includes your housing costs plus all other debt payments—car loans, credit cards, student loans, support payments, etc. How to Calculate GDS and TDS Let’s break down the formulas. GDS Formula: (P + I + T + H + Condo Fees*) ÷ Gross Monthly Income Where: P = Principal I = Interest T = Property Taxes H = Heat Condo fees are usually calculated at 50% of the total amount TDS Formula: (GDS + Monthly Debt Payments) ÷ Gross Monthly Income These ratios tell lenders if your budget is already stretched too thin—or if you’ve got room to safely take on a mortgage. How High Is Too High? Most lenders follow maximum thresholds, especially for insured (high-ratio) mortgages. As of now, those limits are typically: GDS: Max 39% TDS: Max 44% Go above those numbers and your application could be declined, regardless of how confident you feel about your ability to manage the payments. Real-World Example Let’s say you’re earning $90,000 a year, or $7,500 a month. You find a home you love, and the monthly housing costs (mortgage payment, property tax, heat) total $1,700/month. GDS = $1,700 ÷ $7,500 = 22.7% You’re well under the 39% cap—so far, so good. Now factor in your other monthly obligations: Car loan: $300 Child support: $500 Credit card/line of credit payments: $700 Total other debt = $1,500/month Now add that to the $1,700 in housing costs: TDS = $3,200 ÷ $7,500 = 42.7% Uh oh. Even though your GDS looks great, your TDS is just over the 42% limit. That could put your mortgage approval at risk—even if you’re paying similar or higher rent now. What Can You Do? In cases like this, small adjustments can make a big difference: Consolidate or restructure your debts to lower monthly payments Reallocate part of your down payment to reduce high-interest debt Add a co-applicant to increase qualifying income Wait and build savings or credit strength before applying This is where working with an experienced mortgage professional pays off. We can look at your entire financial picture and help you make strategic moves to qualify confidently. Don’t Leave It to Chance Everyone’s situation is different, and debt service ratios aren’t something you want to guess at. The earlier you start the conversation, the more time you’ll have to improve your numbers and boost your chances of approval. If you're wondering how much home you can afford—or want help analyzing your own GDS and TDS—let’s connect. I’d be happy to walk through your numbers and help you build a solid mortgage strategy.
By Katherine Martin November 5, 2025
Thinking About Buying a Home? Here’s What to Know Before You Start Whether you're buying your very first home or preparing for your next move, the process can feel overwhelming—especially with so many unknowns. But it doesn’t have to be. With the right guidance and preparation, you can approach your home purchase with clarity and confidence. This article will walk you through a high-level overview of what lenders look for and what you’ll need to consider in the early stages of buying a home. Once you’re ready to move forward with a pre-approval, we’ll dive into the details together. 1. Are You Credit-Ready? One of the first things a lender will evaluate is your credit history. Your credit profile helps determine your risk level—and whether you're likely to repay your mortgage as agreed. To be considered “established,” you’ll need: At least two active credit accounts (like credit cards, loans, or lines of credit) Each with a minimum limit of $2,500 Reporting for at least two years Just as important: your repayment history. Make all your payments on time, every time. A missed payment won’t usually impact your credit unless you’re 30 days or more past due—but even one slip can lower your score. 2. Is Your Income Reliable? Lenders are trusting you with hundreds of thousands of dollars, so they want to be confident that your income is stable enough to support regular mortgage payments. Salaried employees in permanent positions generally have the easiest time qualifying. If you’re self-employed, or your income includes commission, overtime, or bonuses, expect to provide at least two years’ worth of income documentation. The more predictable your income, the easier it is to qualify. 3. What’s Your Down Payment Plan? Every mortgage requires some amount of money upfront. In Canada, the minimum down payment is: 5% on the first $500,000 of the purchase price 10% on the portion above $500,000 20% for homes over $1 million You’ll also need to show proof of at least 1.5% of the purchase price for closing costs (think legal fees, appraisals, and taxes). The best source of a down payment is your own savings, supported by a 90-day history in your bank account. But gifted funds from immediate family and proceeds from a property sale are also acceptable. 4. How Much Can You Actually Afford? There’s a big difference between what you feel you can afford and what you can prove you can afford. Lenders base your approval on verifiable documentation—not assumptions. Your approval amount depends on a variety of factors, including: Income and employment history Existing debts Credit score Down payment amount Property taxes and heating costs for the home All of these factors are used to calculate your debt service ratios—a key indicator of whether your mortgage is affordable. Start Early, Plan Smart Even if you’re months (or more) away from buying, the best time to start planning is now. When you work with an independent mortgage professional, you get access to expert advice at no cost to you. We can: Review your credit profile Help you understand how lenders view your income Guide your down payment planning Determine how much you can qualify to borrow Build a roadmap if your finances need some fine-tuning If you're ready to start mapping out your home buying plan or want to know where you stand today, let’s talk. It would be a pleasure to help you get mortgage-ready.