Mortgage Qualifying Rates Explained
So you are looking for the best mortgage rate possible as well as how much you can afford. You are still undecided between the fixed and variable rate. Your mortgage broker tells you how much of a mortgage you ...
So you want to buy a rental property?
The benefits of using an experienced mortgage broker become more obvious in certain financing situations.....poor credit, new to Canada...self employed.....and finally, buying a rental property. How much of a down payment do I need? How much of ...
Mortgage Renewal – Don’t Accept Bank’s First Offer
I have been a loyal mortgage client with my bank for the past 5 years....they would only offer me there best rate upon renewal right? WRONG....Many Canadians believe their loyalty will translate in to preferential rates ...
Two Mortgage No-No’s
So you have your mortgage pre-approval or approval and you think you have a guarantee from the bank for your financing....Wrong! Most people do not realize nothing is guaranteed when it comes to mortgages and the piece of paper ...
What is a Home Appraisal?
Why Do I Need a Home Appraisal? Depending on your mortgage lender and how much money you are putting down, the lender may or may not require an appraisal on the property. First, let's talk about what a ...
Mortgage Documents – What you need to provide
So you have bought your first house and now you need a mortgage. You find a qualified Mortgage Broker in your area and he gets you a great rate......what's next? Well, the lenders are going to require proof that ...
Mortgage Timeline – What you need to know
How much time do I need to complete my mortgage? One of the biggest things that most of my clients do not realize is that it takes time to get a mortgage. Contrary to to what some people ...
Is a Reverse Mortgage Right For You
If you are like most Canadians you are probably not familiar with Reverse Mortgages, let alone the possible ...
Credit Pitfalls You Need To Know
How Can I Protect My Credit? There are a few common credit mistakes that I see people make over and over again. It is possible to never ...
Take My Credit Score Poll!
[polldaddy poll=3316455]As a follow up to yesterday's post on managing credit I thought it would be interesting to see what my readers know about their own credit score. Don't worry you don't have to give any personal info, but I think it will be ...
