Everyone wants an easy transition between their first home and their second, but sometimes a bridge mortgage can cost you more than it’s worth. Here we’re going to talk about how bridge mortgages work and what happens when they don’t. If you don’t get the best terms from the outset it’s easy to end up […]
How Much Will a Bridge Mortgage Really Cost You? Read More »
One of the latest and saddest identity theft trends in the last couple years are identity thieves using home equity lines of credit to tap the money right out of your home – and you may not even know about it. It’s better you tap into it before someone else does! Here we’re going to
How Thieves are Using Home Equity Lines of Credit Read More »
It can be hard to save for a rainy day, but if you have a home you might just be in luck; with a home equity loan brokered by one of our Toronto mortgage brokers you’re going to get all the money you need to weather the storm. While it may not be the most
Using a Home Equity Loan as an Emergency Fund Read More »
If you’re having trouble getting financed, it’s time to start thinking about bad credit mortgages! There are so many lenders out there that are eager to work with you, even if your credit is a bit iffy. Here we’re going to go over a few things you’re going to have to ask yourself and what
Getting Financed with Bad Credit Read More »
It’s easy to think that you can ALWAYS get the better deal, but if you take out too many second mortgages in too short a time or just refinance your home in general you could end up hurting your credit. Borrowing shows you’re not liquid, even if you repay quickly. The last thing you want
Can Refinancing Too Much Hurt Your Credit? Read More »
It goes by many names: underwater, upside down, sideways – whatever you call it it’s no good. When you owe more than the property is worth you may have to walk away, but there is always another option. A second mortgage can help pull you out of the debt bubble and help save your home
How to Deal with an Underwater Mortgage Read More »
No one wants to end up in a lose-lose situation, and that’s why when you’re considering debt consolidation you want our Toronto mortgage brokers to help you find the right solution. You can turn the equity in your home into a deal that can clear the slate and help you get on the road to
Debt Consolidation Done Right Read More »
Home equity loans are a great way to tap into your home, but here we’re going to talk about the ugly side and how to avoid it by working with one of our Toronto mortgage brokers. But what are the stumbling blocks? Are HELOCS and other forms of equity loans doomed for failure? Are the
Understanding the Bad about Home Equity Loans Read More »
If you’re looking into getting a mortgage when you’re self employed you’re going to have a few hurdles to jump. It all starts with figuring out where you fit. Do you have a business history and an employment history that you can show? Do you know all the paperwork and hoops you’re going to need
How to Get a Mortgage When You’re Self Employed Read More »
Know that saying “A watched pot never boils”? Second mortgages will boil over, burn down your house and gobble up your first born – well probably not the last one but you get the idea. When it comes to getting the right loan to value ratio and fair repayment terms you want to work with
Rushing into a Second Mortgage Can Cost You Big Read More »
