How to get a mortgage with bad credit?
By CMSadminNew
It is no secret that having bad credit is going to make it more difficult to get a mortgage. But that doesn’t mean that you won’t be able to get a mortgage at all. If you have had trouble getting ...
How Much Can I Borrow with a Second Mortgage?
By CMSadminNew
If you have built up some equity in your home, then one way to access extra cash when you need it is through a second mortgage. With a second mortgage you can borrow up to 80% of the equity in ...
Is it a Good Idea to Pay Off Debt with a Home Equity Loan?
By CMSadminNew
Many Canadians these days are struggling with high-interest debt. Mortgage solutions such as home equity loans are one option that many homeowners are turning to in order to help them get out of debt. But are these tools really a ...
Can I get a mortgage after a consumer proposal?
By CMSadminNew
After a consumer proposal, it can feel like your whole financial world is in an uproar. You may be wondering whether it is going to be possible for you to get a mortgage and finally move into a place of ...
Can I borrow more than my home is worth for home renovations?
By CMSadminNew
There are several mortgage products out there that you can use to help you fund a home renovation project. These include mortgage refinancing, home equity loans and second mortgages. When you are borrowing from the equity in your home, typically ...
What do I need to get a mortgage if I am self-employed?
By CMSadminNew
If you are self-employed, getting a mortgage can be trickier than if you are simply a T4 employee. In Canada, self-employed individuals enjoy many benefits including being able to write more things off their taxes. And while this results in ...
How can a non-resident buy a house in Canada?
By CMSadminNew
If you are a non-resident who is looking to purchase a home in Canada, you will be happy to know that buyers from all over the world are welcome. There are however a few important details that you should be ...
Can you refinance a second mortgage?
By CMSadminNew
Homeowners when they apply for their first mortgage rarely do so with the intention of getting a second mortgage down the road. And if they apply for a second mortgage, it likely doesn’t cross their mind that someday they might ...
Can You Get a Lump Sum with a Reverse Mortgage?
By CMSadminNew
Reverse mortgages are a tool that Canadian homeowners who are age 55 and older can use to access the equity in their home. A reverse mortgage differs from other mortgage tools like second mortgages in that the homeowner does not ...
7 Tips For Getting a Second Mortgage in Vaughan
By CMSadminNew
For those looking to get a second mortgage in Vaughan, there are certain tips that will help you qualify for a second mortgage quicker and easier. This list of tips are not the only solid advice you can get when ...