by Paul Tsigaris | Oct 16, 2024 | Mortgage Broker, Mortgage Advice
Understanding your financial health is important for making informed decisions about loans, mortgages, and long-term investments. One of the most critical indicators to identify the health of your financial situation is the Debt-to-Income (DTI) ratio. Whether you’re...
by Paul Tsigaris | Oct 9, 2024 | Stop Foreclosure, Mortgage Advice
Calgary Foreclosures: How to Save Your HomeForeclosure pressure has been building across Alberta. Nationally, CMHC reports the 90-plus-day mortgage arrears rate rose to 0.24% by the end of 2025, and Alberta typically runs above the national average because of its...
by Paul Tsigaris | Oct 8, 2024 | Mortgage Advice, Mortgage Broker
Understanding the Loan-to-Value (LTV) ratio is essential for anyone navigating the world of mortgages, real estate, or personal finance. Whether you’re a homebuyer, investor, or financial professional, grasping this concept can greatly impact your financial decisions....
by Paul Tsigaris | Jul 18, 2024 | Mortgage Advice, Mortgage Broker
Whether it’s refinancing mortgage or securing new one, there are different financing products available in the market that is crucial for homeowners to understand to make wise decision. Among them Open Mortgage and Closed Mortgage are two important terms that decides...
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 | 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...
