It’s unfortunate, but mortgage scams happen to unsuspecting homebuyers’ everyday throughout Canada. Buying a home is a huge financial decision that needs to be carefully planned, researched and then made. There are a few different types of scams, but the 3 to watch out for when you’re shopping around are:
Unlicensed or shady mortgage brokers
Although there are many other scams out there, these are the most common for many potential homeowners’ like yourself. Let’s dive a little deeper into them.
Did you know Canadian Mortgage Brokers have accomplished a combined funding amount of more than $7 billion in the year, 2016? And not just that, a majority of brokers also foresee a 10% increase in 2017's data evaluation. So let's learn how to gain the most from such good Mortgage Brokers in Canada.
Who knew having a small business could avail so many benefits. By just having an annual gross revenue below $10,000,000 can avail you a loan of 1,000,000 from the Federal Government.
If you’re looking for a way to enter the real estate market and considering a rent-to-own home, then you should be aware that renting-to-own is extremely risky and super expensive.
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