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Convert Your Mortgage Into Assets

Most people think of their mortgage as just another bill to pay, not really seeing it as an investment. This mindset has got to change because far from a money pit, a properly handled mortgage is like building up a savings fund for a rainy day. A mortgage is an investment because the more you […]

Getting to Know Second Mortgage Loans

Thinking about getting a second mortgage loan can be overwhelming, more so when you don’t know where to start in order to apply for a second mortgage. Perhaps you’re wondering whether you’ll qualify or not, maybe you’re not sure whether applying for a second mortgage would be a smart decision for you, or maybe you […]

Brampton Man Charged with Million-Dollar Real Estate Fraud

Brampton Man Edmund Teelucksingh has been charged with more accusations this year after already being involved in a mortgage case last year where he allegedly bilked real estate investors in the tune of thousands of dollars. Teelucksingh, 50, now living in Brampton, was originally charged in January 2016 by Nottawasaga OPP with fraud in relation […]

How to Finance Home Improvements to Improve Home Equity

Home improvement projects to improve home equity brings in good returns, however, they come at a cost too. Luckily for homeowners, they can take out a line of credit, get a home equity loan, or try a refinance to fund such projects. If you’re wondering what financing option would be best for you, read on […]

Is It Time to Develop a Whistleblower Program for the Mortgage Industry?

An up to $5 million offer will be rewarded to whistleblowers for Ontario’s securities regulator newly launched whistleblower program. The program’s aim is to lead to the prosecution of fraudsters, fraud being one of the biggest reasons for business losses of billions of dollars a year. With this in the works, is it time for […]

Answers to Your Frequently Asked Questions on Second Mortgages

Getting a second mortgage is not something that you can simply do on a whim. You have to be sure that you understand what you are getting into and that you’ve at least read about the advantages and disadvantages of second mortgages before plunging in. Asking questions is only wise, after all! Below are the […]