Financial Resource Centre

Welcome to our Mortgage Blog

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

Home Equity Loans

Is a Home Equity Loan Risky?

There are many kinds of risky loans that you can take out against your home; like with everything else in life, the risk is only there when you don’t know what you’re doing. You’re going to need to understand how equity works, how much you should borrow versus how much ...

Second Mortgages

Take Advantage of Low Interest Rates with a Canadian Second Mortgage

Getting a second mortgage is easier than ever, but do you need one? Here we’re going to discuss the kinds of second mortgages that are available, the benefits, how you can get one and if they’re the right choice for you. A second mortgage will give you the money you ...

Debt Consolidation

Why Consolidating Your Debt Works

There are many situations in life that can lead to bad credit, but the good news is that there is help! You shouldn’t have to be banished to poor credit forever, and here we’re going to discuss why debt consolidation works. The important thing to understand about Canada debt consolidation ...

Home Equity Loans

Are Home Equity Loans Hard to Apply for?

Home equity loans are a great way to get money out of your home when you need it. Like other types of financing, it all comes down to your application; this is where one of our Toronto mortgage brokers can help! There are so many nagging little details on a ...

Mortgage Renewal

How Mortgage Renewals Work in Canada

Most of us learn about Canadian mortgage renewal when we get the notice in the mail; but you’ll want to make sure that you don’t just fill out the form and return it to the bank! You need to be discriminating; is your lender giving you a better deal than ...

Home Equity Line of Credit

Are There Disadvantages to a Secured Line of Credit?

There can be many disadvantages to a secured line of credit, but most of these can be sidestepped with the right Toronto mortgage broker (like us!) Most people get into a bad situation with any type of credit lines because they don’t understand the terms of the agreement that they’ve ...

Hard Money Lending

How to Find a Hard Money Lender

Hard money lending is a good way to get money when you can’t find any other type of loan… but is it the right kind of lending for you? If you need money fast, but you don’t have great credit or you can’t get financing from a more traditional lender, ...

Bad Credit Mortgage

Restore Bad Credit with a Second Mortgage

Few people have perfect credit, but with a second mortgage and the right mortgage broker you can repair your credit and get the money you need to make life a little easier. First thing you should know is just because you have bad credit doesn’t mean that you won’t be ...

Home Equity Loans

Is a Home Equity Loan Right for You?

If you want to pay off debts, send your children to college or fund your retirement, home equity loans may be right for you. It’s one of the easier lines of credit to get, since you’re using your home to secure the loan. You can borrow up to 75% of ...