If you own or operate a business or you are a real estate investor, then at some point you will likely be shopping around for a commercial mortgage. Working with a mortgage broker can give you several advantages over working with a traditional lender like a bank because a mortgage broker has the ability to shop around on your behalf to help you find the best rates and terms for your company – and that just makes good business sense!
If you are thinking about purchasing a home, congratulations! This is a big step in your life and for many Canadians, their home will be the biggest and most important purchase in their lifetime. It can be both exciting and scary. And if you have started shopping around for a mortgage, you know that there are many different kinds of mortgages to choose from and you may be wondering how to make the best choice. One of your options is to get a private mortgage but before you sign that contract you need to decide whether a private mortgage is really the best option for you.
It is no secret that many Canadian households are carrying massive consumer debt. If your household is one of these and you are looking for a way to finally get out from underneath this heavy burden, you may be considering refinancing your mortgage.
Getting that first mortgage and moving into your very own home can be an exciting time. But before you know it, your mortgage is up for renewal and you receive a notice from your lending institution that it is time to sign on for another term. But before you sign, you’ll want to read what we have to say!