With spring/summer approaching quickly, now is the perfect time to consider scheduling your yearly mortgage checkup. Spring is a popular time for a mortgage refresh. It’s also the most common time of year to buy or sell a property. There is no charge or obligation for having a Mortgage Professional
Read MoreAn insured mortgage is when there is less than a 20% down payment on a property. An insured mortgage (often referred to as a high-ratio mortgage) is one that is covered by mortgage default insurance. The default insurance is paid by the consumer. It is usually added to the mortgage
Read MoreDebt payments when qualifying for a mortgage impact your purchase price.
Read MoreConsumer Debt Problem The Canadian Government has intercepted to try and help consumers stay out of debt by making mortgage rules difficult. It currently allows refinances to 80% of the appraised property value. This was done to keep consumers from accessing their home equity and using it as an ATM
Read MoreMortgage deferral needs during the pandemic, reach out to your lender.
Read MoreLegal separation is a difficult time. Having to deal with your matrimonial home, assets can be exhausting. Let us help.
Read MorePrime Rate Drops affecting variable-rate mortgages, lines of credit and student loans
Read MoreIdentity theft has been on the rise so I thought I would share some information to protect yourself from identity theft. How to Spot Identity Theft 1. Review your credit report regularly to spot suspicious account openings. 2. Check banking transactions regularly. Report anything strange immediately. 3. Recognize, and look
Read MoreUnderstanding the difference between a standard mortgage charge vs collateral mortgage charge is key
Read MoreProperty assessments are created from sales data to determine what your property tax bill shall be
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