Do Mortgage Brokers Get You Better Deals?
Mortgage brokers can definitely get you better deals! There are quite a few ways that having a mortgage broker can save you money… especially If you believe that time is money! For starters, calling one mortgage broker is like calling fifty Banks, Credit Unions, and Trust companies… that would take quite a bit of time […]
Are mortgage brokers better than bankers?
Mortgage brokers and bankers have their own benefits. But which one is better? Both mortgage brokers as well as bankers provide you the source to finance your mortgage. One works for a single institution and one gets you the choice between many. The ever lasting debate between which is better a banker, or a broker […]
First Time Home Buyer Mortgages: Tips for Borrowers
Purchasing your first home can be very exciting – but it can also be a little scary. After all, there are so many details to consider! A home is a huge purchase and for many of us, it is the largest purchase we will ever make. When you apply for a first time home buyer […]
Is it a good idea to get a debt consolidation loan?
If you are one of the many Canadians that are struggling with high-interest consumer debt, you may be thinking about a debt consolidation loan. But is this really a good idea? Debt consolidation loans can take many forms, ranging from personal lines of credit, to home equity loans to refinancing. The idea is to take […]
Bad Credit Mortgage
A bad credit has not kept our clients away from living in their dream homes. So why should you be? Credit scores represent your probity towards your financial obligations in the past. But small defaults caused due to a divorce, or unemployment, or even a single day late payment, can bruise your credit score for […]
How To Get A Second Mortgage With Bad Credit
How Bad Credit Affects You It’s important to remember that second mortgages come with higher interest rate that your first. After all, you’re increasing your debt load, which also increase your risk level. Aside from this, your first mortgage is more important that your second mortgage. What this means is if you default, you have […]
How Does Rent to Own Work?
If you have had trouble qualifying for mortgages in the past, you may be thinking about rent to own. But it may be unclear to you how this type of process works. In this blog we will explain in basic terms how rent to own works so that you can make a decision as to […]
How to choose a mortgage broker for your commercial mortgage
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 […]
Is a Private Mortgage Right for Me?
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 […]
The Pros and Cons of Using Mortgage Refinancing for Debt Reduction
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.