Financial Resource Centre

Welcome to our Mortgage Blog

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

Second Mortgages

What’s the Difference between a Second Mortgage and a HELOC?

If you’ve heard of home equity lines of credit, home equity loans and second mortgage, things can get confusing. Part of our role as Canada mortgage brokers is to help you figure out which is right for you. Here we’re going to explain what each does, how they work and ...

Home Equity Line of Credit

How to Get a HELOC after Bankruptcy

If you want to get a home equity line of credit after bankruptcy you’re going have to fight on your hands. The first thing you want to deal is check your credit report, here you’ll be able to a figure out how much debt you have, what bad accounts you ...

Private Mortgages

Do You Need a Private Mortgage?

Figuring out if a private mortgage is the right choice for you can be difficult, but that\’s why you need to understand your options. Just because you have bad credit or no credit at all doesn\’t mean you have to go the alternative financing route. Private mortgages in Canada carry ...

Bad Credit Mortgage

Getting a Secured Line of Credit With Bad Credit

A secured line of credit is just what it sounds like: a line of credit secured by collateral. This may be money or it could be equity in your home. Either way, you’re going to need to be able to put up something in exchange for the money that you ...

Self-employed Mortgages

Is it Hard to Get a Mortgage for the Self Employed?

Getting a mortgage for the self employed is actually a lot easier than you’d think it would be! The first thing you’re going to want to think about is how you’re going to prove that you have an income; the best step you can take is to hire a Toronto ...

Portable Mortgage

What are the Advantages of Portable Mortgages?

Everyone’s trying to get you to get a portable mortgage, but are they right for you? As experienced Toronto mortgage brokers, we can’t tell you enough about the advantages, but they’re not right for everyone. If you move a lot (your company shifts you to different cities or provinces every ...

Private Mortgages

Do You Need Private Mortgage Insurance?

Many people don’t know what private mortgage insurance is, much less if they’re going to need it or not. If you’re thinking about getting a private mortgage, talk to us first; we’re experienced Toronto mortgage brokers who can help you find the right financing at the right price! Here we’re ...

Bad Credit Mortgage

Are Bad Credit Mortgages Hard to Get?

When you have bad credit and you want to refinance your home or buy a new one, a bad credit mortgage may be the answer you’re looking for. You’re going to need to look at many different lenders, compare interest rates, think about how much you need and how much ...

Bridge Mortgage

Get Into a New Home with a Bridge Mortgage

Getting into a new home with a bridge mortgage is easy, but what are they and how do they work? Just like with every other kind of mortgage, you’re going to want to talk with one of our Toronto mortgage brokers to make sure that what you’re doing makes financial ...