by brian rutherford | Jun 29, 2021 | Mortgage Renewals, Mortgage Advice, Mortgage Broker
Considering an Early Mortgage Renewal? Paying off your home equity loan or mortgage within the term is standard. Yet, unforeseen emergencies might divert your funds, causing missed payments. The silver lining? Mortgage renewal options from banks or private lenders...
by scottm | Jun 12, 2021 | Stop Foreclosure, Mortgage Arrears, Mortgage Broker
Foreclosure is every homeowner’s worst nightmare. Nearly five million Canadians have mortgages. 12,000 Canadians have mortgages in arrears, opening the possibility of foreclosure. It is important to understand your rights in foreclosure or power of sale. ...
by scottm | Jun 7, 2021 | Mortgage Advice, Mortgage Broker
What questions should you ask a mortgage broker? Let’s explore together. Did you know that over three million Canadians have a mortgage? If you’re interested in a mortgage loan, but don’t know where to start, don’t panic. There are professionally licensed...
by scottm | May 24, 2021 | Bad Credit Mortgage, Mortgage Advice, Mortgage Broker
A bad credit score in Canada isn’t defined by one thing. Almost 10% of Canadians are falling behind on bills. When you start falling behind on bills, your credit drops. For every dollar spent, Canadians owe $1.77. The only way to alleviate such a debt-to-income...
by scottm | May 3, 2021 | Mortgage Advice, Mortgage Arrears, Mortgage Broker, Stop Foreclosure
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 borrowers...
by brian rutherford | Mar 27, 2020 | Mortgage Advice, Mortgage Arrears, Mortgage Broker, Mortgage Deferrals
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 over a short period...