Canadian Mortgage

If you’re trying to get a second mortgage like a home equity loan, you’re going to need the secrets to prequalifying for a mortgage. From working with the right Canada mortgage broker to gathering up all the appropriate documentation, you’re going to have a long road ahead of you. Here we’re going to go over […]

Most borrowers find mortgages too stressful, especially when it comes to second mortgage or home equity loans for debt consolidation. Many more brokers and lenders need to focus on their service aspect if they want to retain clients – after all only 7% of borrowers across Canada think of their mortgages as “easy” or “stress

When you applied for your mortgage you were ready to buy a home, you were excited, but now things have changed. You need to stop your mortgage application fast, but how? Do you call the lender, do you just not sign when things come down to closing, what can you do? It’s important that you

Nothing is more harrowing than a mortgage application – and if you don’t know what you’re doing you could waste valuable time and money. Here we’re going to talk about what personal information you’ll need, employer details like tax returns and paystubs, any assets you have coming in, housing information and even debt information, so

Before you start looking for any kind of Canadian mortgage, you need to know three things. You’ll want to understand the differences between a fixed rate mortgage and a variable rate mortgage, you’ll need to befriend a good Canada mortgage broker and you’ll want to make sure you’re up on the tax breaks that will

According to a recent report by the RBC, Canada mortgage rates are expected to stay on the low end of 5% for some time to come. While it’s always good to take advantage of rates while they’re low, you want to make sure you’re in the right situation to take advantage of them! Here we’re

If you thought the rules were tough now, you may not want to know that OSFI are beginning to think about changing things up again. Instead of just leaving the rules as they are, they want to cut long-term amortization rates to 25 years – instead of the current 35 years offered by some lenders.

Did you know if you’re a luxury homeowner lenders will pay you tens of thousands of dollars to accept a short sale on your home so they can find a profitable buyer? It’s true. Owners of high end properties have options available to them the rest of us simply don’t. Here we’re going to talk

With the Bank of Canada sticking to low interest rates, many are worried when the US’ rates rise Canada will be affected – but will it? Are slightly higher interest rates a bad thing or just something that has to happen? Here we’re going to talk about why interest rates rising won’t be bad for