1. Know what your current mortgage actually is, many of you will not know what type of mortgage you actually have because it wasn’t explained very well to begin with, one of the biggest issues we run into at renewal is that the client has been placed in a collateral mortgage and now credit cards […]
The Ultimate Check List For Mortgage Renewal Read More »
Applying for second mortgage can be easier than you think, second mortgage lenders are looking for several things when it comes to lending you a second mortgage. First and foremost an appraisal needs to be completed on the property, this will give them the value that they need to work with to determine how much
Second Mortgages — What is it and How it works? Read More »
Canadian mortgage rates are at an all time low, the interest rates on bonds have the biggest affect on what we as Canadians pay for a mortgage. When the bond markets are low, as they are now, Canadians benefit by receiving the discounted mortgage rates from lenders. In Canada you will see two different sets
Mortgage Rates Canada — The Inside Story Read More »
Everyone who has a mortgage at some point in time has had to renew. If you have been fortunate enough to actually have paid it off, congratulations. At renewal time, your lender (whether it’s the bank or a trust company) have fulfilled their term obligation and are looking for your business again for the next