by scottm | Oct 18, 2024 | Mortgage Renewals, Mortgage Advice, Mortgage Broker
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...
by scottm | Jul 4, 2024 | Mortgage Renewals, Mortgage Refinance
Homeowner often find themselves into dilemma, whether to renew mortgage or refinance, especially when mortgage is near to it’s end terms. Understanding these two financial solutions is important in making informed decisions that align with your goals. In today’s blog,...
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 | May 17, 2021 | Mortgage Renewals
As a homeowner, the last option you want to resort to is selling your house because you had your mortgage renewal denied. Financial institutions can deny you for many reasons, and it’s important to prepare for this possibility. Fortunately, if you’ve been...
by scottm | Apr 5, 2021 | Mortgage Renewals
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 renewals is: does it happen automatically?...
by brian rutherford | Jan 28, 2020 | Mortgage Refinance, Mortgage Renewals
A New Mortgage Could Make Your Year Great! Whether you need to renew your existing mortgage, need a second mortgage, or are planning to purchase your first home – where you go for help makes a difference. Your next mortgage can be hard or it can be an easy...