Financial Resource Centre

Welcome to our Mortgage Blog

Covering everything from home equity loans, second mortgages, debt consolidation and more.

Private Mortgages

Who Are Private Mortgages Best for?

Mortgages can be very difficult to figure out, after all it’s not a bank loan, it’s not exactly a traditional mortgage, but it does help you get the financing you need to buy a home. One of the worst parts of borrowing from a private lender is that you don’t ...

Bad Credit Mortgage

Can I Get a Mortgage with a 550 Credit Score?

You can get a mortgage, but it’ll be a bad credit mortgage. These can be a great option if you haven’t had much of a chance to get your credit score higher or if you’ve just had bad luck with borrowing. You’ll need to understand subprime lending, how bad credit ...

Mortgage Refinancing

Why is Mortgage Refinancing so Expensive?

If you don’t know what you’re doing, mortgage refinancing can be awfully expensive – but when you work with us as your Toronto mortgage broker you’re going to get all the help that you need to get the best mortgage rates. Depending on when you’re trying to refinance, why you’re ...

Private Mortgages

How to Use a “Piggyback” Private Mortgage to Buy a Home

If you want to buy a home but you don’t want to have to pay private mortgage insurance, a piggyback mortgage might be the answer. Say you have 10% down, but need 20%. What you can do is go to a private mortgage lender for the other 10% down and ...

Mortgage Refinancing

When is the Right Time for Mortgage Refinancing?

Sometimes it’s just not the right time to refinance your mortgage, but how do you know when it’s the right time? Working with a Toronto mortgage broker like us will help you have a sense of if and when it’s in your best interest to go with a refinance. From ...

Self-employed Mortgages

Getting a Mortgage When You\’re Self Employed

When you’re looking for mortgages for the self employed, you might find out that getting financed isn’t the only problem you’re facing. From self employment taxes that can run really high (as well as your risk for an audit), figuring out estimated taxes and all the paperwork that can go ...

Self-employed Mortgages

Getting a Mortgage When You\’re Self Employed

Bad Credit Mortgage

Can a Low Credit Score Wreck Your Chances for a Good Mortgage?

If you’re looking for help with bad credit, mortgages can be hard to find – that’s when you’ll want to turn to bad credit mortgages. When you work with one of our Toronto mortgage brokers you’ll have someone on your side to help you figure out how to get the ...

Private Mortgages

How to Get a Mortgage for a Rental

If you want to buy a rental property but you don’t have 100% cash up front, you’re going to need a mortgage. You can go the conventional route with a bank, or you can look for a private mortgage lender to help you get there. Either way, you’re going to ...