Private Second Mortgages - 5 Things You Should Know When you’re hoping to get a little extra cash, one way to do so is with the help of a second mortgage. Second mortgages, often referred to as home equity loans (because it sounds prettier) can allow you to use the...
Finding Your Best Mortgage Broker In Toronto - How To Choose One That's Right For You Toronto remains one of the hottest housing markets in the country. So it can sometimes be challenging to get the best deal possible on a home, especially if you are a first-time home...
Bad Credit home equity loans can be offered by banks! Banks that offer home equity loans with bad credit exist, contrary to popular belief. They are not the traditional big banks that your mom and dad used to use. Banks that offer home equity loans with bad credit...
Property Tax Loans - What Options Do I Have? Owning a home comes with a number of costs that you might not have considered ahead of time. One of the most common items that people often forget about is property tax. However, making sure you’re paying property tax is...
"No Credit Check Required" - The Truth About Home Equity Loans With No Credit Check A home equity loan is a mortgage loan that uses your home as collateral. The amount you can apply for will directly correlate to the amount of equity in your home. A home equity loan...
Home Equity Loans - The Easiest Way To Leverage Money It's frustrating when your bank won't help. Especially when you’ve got equity in your home and it really seems like approval should be a slam dunk. If no one will lend to you, how can you use your home equity to...
What can a mortgage broker offer that your bank can't? If you've had a long relationship with your bank, it's normal to want to get your mortgage there. You trust your bank, you know your bank and you feel comfortable asking your bank for things. So what happens when...
Debt Consolidation Can Free You From High-Interest Debt! Getting a personal loan to consolidate your debt is a great idea. Lines of credit, HELOCs (home equity lines of credit), and consumer proposals can all achieve debt consolidation for you. A balance transfer of...
Self-Employed AND having trouble finding a mortgage lender - you're not alone Self-employed life certainly has its perks but also has its disadvantages. Buying a home (or refinancing your mortgage) can very quickly highlight the disadvantages of self-generated...
Saving your home from a Foreclosure or Power of Sale Knowing how to save your home from foreclosure or power of sale is not something that most people are not familiar with. Most people don’t even understand how they find themselves in the position, let alone how to...
Navigating the mortgage landscape can be complex, especially when life throws financial challenges your way. If you’re a homeowner dealing with a low credit score, inconsistent income or high amount off debt due to missed payments, securing a mortgage through...
Calgary Foreclosures are on the rise. A recent survey report from Jerry Charlton Real Estate reveals alarming trends in Calgary’s housing market, indicating a potential surge in foreclosures. Key factors driving this shift include rising interest rates, escalating...
One of the biggest questions we get as mortgage brokers is: Can you renew your mortgage with bad credit? In Canada, when your mortgage term comes to an end, you’ll need to either renew with your current lender or switch to a new one. For most homeowners, this is a...