If you are shopping for a private mortgage solution it’s useful to understand exactly how much money can be made available to you based on the equity in your home. The built up equity in your home is critical to your ability to borrow from a private home equity
If you’re in the early stages of shopping around for a mortgage solution you might not be too clear on what you are actually looking for and how to ask for it. This post is a lesson in Canadian mortgage jargon and nomenclature with the hope that you’ll be better prepared to shop around
Mark Twain once wrote “A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to
In this post I discuss the differences between a private home equity mortgage lender and bank or institutional mortgage lender. How each approaches the qualification of mortgage borrowers. If you think you need a private home equity mortgage loan then this is a good place to start educating yourself.
When I’m talking to a new client one of the first questions that always seems to come up is “why would I use a mortgage broker?”. It then occurred to me that most people don’t know what a broker does for a borrower and there are some misconception hovering around. I decided that I
I deal with many first time buyers. I find that most newbies think the best mortgage is as easy as finding the lowest interest rate. But it’s not that simple. Here are 3 of the “need to knows” when getting your first