by Paul Tsigaris | Jul 10, 2024 | Mortgage Advice, Mortgage Broker
A readvanceable mortgage is one of the more flexible home-financing options available to Canadian homeowners, and it has grown in popularity for good reason. It blends a traditional mortgage with a line of credit that grows as you pay down principal. This guide...
by Paul Tsigaris | Jul 4, 2024 | Mortgage Renewals, Mortgage Refinance
Homeowner often find themselves into dilemma, whether to renew mortgage or refinance, especially when mortgage is near to it’s end terms. Understanding these two financial solutions is important in making informed decisions that align with your goals. In today’s blog,...
by Paul Tsigaris | Jun 28, 2024 | Mortgage Arrears, Stop Foreclosure
When it comes to owning a home, unforeseen difficulties can sometimes put you at risk of losing it. In Ontario, most people call this "foreclosure," but the process the vast majority of Ontario lenders actually use is power of sale. The two are different, and the...
by Paul Tsigaris | Jun 24, 2024 | Debt Consolidation, Bad Credit Mortgage
Do you feel like drowning under debt and unable to save money after paying off your monthly bills and credit card loans? Inflation is hitting everyone’s life now a day and especially tough for those earning below average or are under low-income bracket. Managing...
by Paul Tsigaris | Jun 17, 2024 | Stop Foreclosure, Home Equity Loans, Mortgage Advice, Mortgage Arrears, Second Mortgages
How to Stop Foreclosure on Second MortgageShort answer: Yes, a second mortgage lender can force the sale of your home if you default, though in Ontario this is almost always done through power of sale rather than true foreclosure. You can stop it by refinancing your...
