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...
A second mortgage or a home equity loan is another loan you take out from the same property. The amount that you are allowed to borrow depends on the amount of equity in your home. Home equity is the difference between the...
COVID-19 has hit everyone hard. People are afraid to go outside. Some basic freedoms that many of us have taken for granted have been taken away. With this has come a reduction of income for many, along with a severe impact...
Am I Eligible For A Mortgage Deferral Because of Covid 19? Frustrated Canadians looking for Covid 19 mortgage relief or coronavirus mortgage deferrals are facing delays and denials from Canada’s big banks. The big banks have been flooded with calls...
Considering Bankruptcy? If You Have Home Equity Read This First… If you feel like you’ve been drowning in debt, you may be considering bankruptcy. You may also be looking for a way to avoid bankruptcy. Fortunately, for homeowners, there may...
How to Save Money for Retirement with an Equity Line of Credit Do you have or need an equity line of credit? February is almost over and it’s your last opportunity to invest in RRSPs for savings on your tax...