Can I get a mortgage if I am not a permanent resident?
By CMSadminNew
If you are looking to purchase property in Canada but are not a permanent resident here, you may be wondering if it is possible or if you’ll be able to get a mortgage. The good news is that anyone from ...
Is a Second Mortgage Bad for Your Credit?
By CMSadminNew
The term second mortgage is thrown around quite a bit, sometimes it’s used correctly and sometimes it isn’t. There are a number of facts about second mortgages that are important to know before you start the process of applying for ...
Is a Home Equity Line of Credit a Good Idea
By CMSadminNew
Life has a wonderful way of throwing surprises our way: once you tackle one obstacle it seems like you’ve barely had a chance to breathe before the next one is demanding your time and money. Sometimes your financial obligations just ...
Learn Exactly What Affects Your Credit Score
By CMSadminNew
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 ...
Should I Invest in a Private Mortgage or in Mutual Funds?
By CMSadminNew
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 ...
⏱️ Time To Refinance 🏠! Rates At 2-Year Low!
By CMSadminNew
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. ...
2019 has been a great year for mortgages so far
By CMSadminNew
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 ...
Can You Add Renovation Costs to Your Mortgage?
By CMSadminNew
Home renovations can add a lot of value to your home both in terms of your house’s market value and in terms of your own enjoyment. Major home renovations however can be quite expensive, and if you do not have ...
Can You Be Denied a Mortgage Renewal?
By CMSadminNew
Most people don’t think much about their mortgage renewal until they get a reminder in the mail from their financial institution that their renewal is coming up. But the truth is that mortgage renewal should be something that is always ...
Do I have to keep paying the mortgage if I am separated?
By CMSadminNew
When a couple separates, often one will move out while the other continues to live in the marital home. The one that moves out may feel that it is unfair for them to continue to pay a mortgage for a ...