A private mortgage lender in Hamilton, Ontario may be the solution you’re looking for. You’ve heard the familiar story for self-employed people. They want to own their own home in Hamilton, Ontario, but the banks keep turning them down. A
A deeper look into mortgage penalties, how they are calculated, and just how you can save. When you apply for a mortgage, you’re already expecting to pay a large sum not only for the debt but the interest it compiles.
In January 2018, homebuyers in Canada had to pass a stress test when qualifying for a new mortgage. The Canadian Mortgage and Housing Corporation implemented the Mortgage Stress Test to protect Canadians. It requires homebuyers to be eligible for a mortgage
Obtaining a commercial mortgage in Ontario can be challenging. We’ve found unique lending options to help complete your mortgage and close on your property. These are exciting times for building a business in Ontario. Did you know that nearly 98 percent
Which is better HELOC or cash-out refinance? Buying a home in Canada isn’t only rewarding and fulfilling, but it’s also beneficial in many ways. If down the road you need funds to help you renovate or pay off credit, you can
Second home mortgages: Everything you need to know. The record-low interest rates in the past year have resulted in many homeowners in Canada considering buying a second property. Whether it’s a cottage, lake house, vacation property, rental property, or something else, Canadian
Investment properties: A Canadian mortgage financing guide to help you save on interest and propel yourself to wealth. Canada is a growing real estate market. COVID-19 made investors realize that there was a lot of profit to be made in outlier
A mortgage term is the number of years in which the conditions of your mortgage have a legal effect. So after your mortgage term expires, you will need to either pay your mortgage in full, refinance it or have it renewed. In Canada, mortgages
To stop foreclosure on your home you need to know what a notice of sale and statement of claim is. Although the housing market is booming in Canada, there lies a problem of impending foreclosures. There are many reasons for
This is your ultimate guide to lowering high-Interest debt with refinancing your mortgage. Due to the harsh economic conditions caused by the pandemic, you’re looking for ways you can lower your expenses. If you can get rid of high-interest debts,
If you refinancing or purchasing a home, know why you may need a high-risk mortgage lender in Ontario. A high-risk borrower is someone that creditors or lenders consider as likely to default on his loan or mortgage. One of the
How To Stop Power of Sale in Canada. If you’re facing a power of sale, then you need all the information you can get. You need to know the laws, and what steps you can take. Stopping foreclosure in Canada is