Getting approved for a loan with bad credit isn’t as difficult as most people think. Bad credit generally means that you have long overdue unpaid debts. Or, you have the habit of not paying your bills or mortgages on time.
Power of sale. Three words you never want to hear as a homeowner. Unfortunately, keeping up with your mortgage payment can be a very difficult task. Unexpected expenses like automotive repairs, sudden injuries, or changes in work circumstances can prevent
Owning a rental property is a very popular investment strategy for earning additional income, but it’s not without its share of complexities. Liability, finding a responsible tenant, and property management are just a few of the burdens that property owners
In response to the increasing demand fueled by rising unemployment rates in Canada, home equity loans tailored for the unemployed are now a readily available financial solution. With job uncertainty on the rise, these loans have become more popular than
There are currently over 4 million residential mortgages in Canada, with millions of residents paying off their homes in different ways. The way you finance your mortgage might not be the same as your neighbor’s. For obvious reasons, it all depends
Before your mortgage is paid off, you’ll likely need it renewed at least once. This is common practice for home buyers, but it can be a difficult space to navigate. One of the most common questions we get about mortgage
Real estate is considered to be one of the best investments you can make. After all, an investment property is a great way to generate passive income and build long-term wealth. But, what type of mortgage is best for an
Securing a mortgage can be tough if lenders consider you to be a high-risk borrower. Fortunately, there are several high-risk lenders out there who can work with you to realize your dream. But, the main hurdle is finding a suitable
A property owner in Ontario needs to pay property taxes – taxes that are used mainly for public education, local police, libraries, and firefighting. Your municipality will mail you a tax bill every year for every property that you own
Are you trying to get your head around what a variable-rate mortgage is? When looking at getting a mortgage, it can be difficult to make sense of all of the technical jargon that lenders use. The difficulty starts with having
So, what is a fixed-rate mortgage? Any time you’re looking to purchase a new home or refinance your home, it’s important to know all of your options so that you can make the decision that’s right for you. Having a clear
Are you unhappy with the current terms of your home loan? Are you struggling with debt? Or do you maybe want to benefit from changed market conditions and get a more competitive rate? If you are in any of these
