High Ratio Mortgages: Advantages and Risks
High ratio mortgages have surfaced as a valuable financing option for aspiring homeowners. These mortgages allow buyers to secure a home loan with a down payment of less than 20% […]
High ratio mortgages have surfaced as a valuable financing option for aspiring homeowners. These mortgages allow buyers to secure a home loan with a down payment of less than 20% […]
Almost everyone wants to own their own home. However, debts can also get in the way of achieving this goal. Achieving financial freedom requires careful planning, discipline, and strategic decision-making. […]
Multiple collateral mortgages are best for borrowers with difficulty leveraging their existing home equity for a loan and lenders seeking increased security. From the word itself, it allows borrowers to […]
Being self-employed offers many benefits, like flexibility and independence. However, it is more complicated when you want to apply for a mortgage. Self-employed borrowers usually encounter unique challenges. Understand the […]
Home equity loans and second mortgages can be interchangeable, however, if you look into it deeper, they have distinct similarities. Here’s the difference: With a home equity loan, you can […]
Investing in rental property can be another profitable way to build wealth and generate passive income. Like any other investment, it could be a downside if handled poorly. There are […]
If you are struggling with paying your mortgage on time or have an unexpected financial crisis, mortgage forbearance might be a good option. Mortgage forbearance is an agreement between you […]
Buying a home is a significant investment; every detail and decision will matter. You must know the basics of negotiating your mortgage rate when planning to apply for a mortgage. […]
For various years, the real estate housing market in Canada has been the topic of conversation, with rising home costs causing worry among Canadians. As the cost of owning a […]
Private mortgages are an alternative to traditional mortgages offered by banks and credit unions that may be familiar to Canadian homebuyers. In Canada, private mortgages are becoming increasingly popular, especially […]