When you apply for a mortgage, one of the first things that lenders will do is check your credit score. The better your credit score is, the better rate and terms you will be eligible for on your mortgage. If your credit score is too low, some lenders will not even grant you a mortgage […]
With the stock market having so many ups and downs in recent years, it can be difficult for people to know exactly where to invest their money. The traditional choice for many investors has been mutual funds – that is funds consisting of a combination of stocks and bonds chosen by fund investors. Lately however, […]
Cost of Borrowing Cheapest in 2 Years! While house prices may be sky-high in many parts of Canada, home owners are being offered some of the lowest mortgage rates seen in years thanks to low bond & Bank of Canada Benchmark Rates. Find Out How Much You Can Save! NOW Is the Perfect time to Refinance […]
When people begin to think seriously about purchasing a home, one of the things that they are naturally concerned about is whether or not now is a good time to get a mortgage. They consider whether they are ready to take on the responsibility of a mortgage, but they also consider whether the current mortgage […]
For most people, purchasing a home will be the biggest single investment that they ever make. But what if the homes that you are considering are in need of some renovation? If you have to pay out of pocket for renovations right after you buy the home, it can leave you cash strapped. Fortunately, there […]
If you are a Canadian aged 55 or older and own your own home, then one of the ways that you can access equity from your home is through a reverse mortgage. A reverse mortgage is when you borrow against the equity in your home and receive cash either in monthly payments (like an extra […]
Shawn Allen, Founder of Matrix Mortgage Global, has been elected to the Board of Directors for the Scarborough Business Association. The SBA is a not-for-profit community based organization focused on driving prosperity in the Toronto Business Community. Matrix Mortgage Global, Ranked as the #1 Brokerage on the Growth 500 List (Canadian Business), and nominated 2019 […]
A consumer proposal is just what it sounds like. It is a proposal that you send to your creditors with the help of a trustee. You propose to pay off a portion of your unsecured debt within a certain timeframe (the maximum being five years) and in return your creditors agree to forgive the balance […]
Many Canadian dream of one day owning a home to raise their families in. But for those with low credit scores, this dream can seem out of reach. The good news is that even if your credit isn’t great, it is still possible to buy a house. Bad credit mortgages (also known as high risk […]
The broker who smashed the $380m mark by turning massive change into a wealth of opportunities SHAWN ALLEN is not your average broker. He opened the doors of his company, Matrix Mortgage Global, during the GFC; grew his business to specialise in alternative financing; and now spends about $1m a year on marketing and advertising. In […]
