Debt Consolidation Mortgage Loan for Refinancing
A debt consolidation mortgage is a type of mortgage refinance that allows you to use valuable equity that you have in your home to consolidate all of your high
Mortgages Available to First Time Homebuyers
A mortgage is a loan that you get to help you buy a home or any type of property. It’s probably one of the most significant financial decision you will ever make in your life, so understanding the basics of how it works and how it could impact your bottom line is critical in your decision making.
Home Buying FAQ CAN WE MAKE CHANGES TO THE MORTGAGE APPLICATION, SUCH AS LENGTH OF TERM, REPAYMENT FREQUENCY, ETC., ONCE THE APPLICATION HAS BEEN SUBMITTED? Yes. Your ideal mortgage formula has probably already been created, but if […]
SELECTING THE RIGHT MORTGAGE – How Do You Know Which Mortgage Is Right For You?
Knowing what you need is an important first step towards figuring out what the right mortgage is for you. Assess your needs based on these questions:
Private mortgages are loans offered by individuals or private lending companies to people who do not qualify for a regular or traditional mortgage loan. These types of loans are not much different from regular mortgages except that funds come from a private source, which can be individual investors or groups of investors.
Why Use A Mortgage Broker When Buying A Home? | Toronto Mortgage Rates
Buying a house is one of the biggest decisions that you will ever make in your life, which is why taking the time to do it right is imperative. It’s easy to get caught up in the excitement of the buying process, which often means settling on the first mortgage rate that your bank offers […]
What to Know About Commercial Mortgages For Your Business | Toronto Mortgage Rates
Toronto Mortgage Rates realizes that Canadian residential mortgages in our current sellers market are a hot topic right now. As much as we love providing the financing to put people into the home of their dreams, Toronto Mortgage Rates also has a passion for Canadian entrepreneurs. Through our access to major and private lenders, we […]
The Importance of Having a Mortgage Pre-Approval In This Seller’s Market | Toronto Mortgage Rates
Today’s housing market is extremely competitive, and buyers must be pre-approved if they want to improve their chances of an accepted offer. But how important is being pre-approved for a mortgage? The average home buyer is often unaware of how the process works in being approved for a mortgage, though they may have a general […]
The Self Employed Mortgage Dilemma | Toronto Mortgage Rates
You Did a Great Job Minimizing Your Taxes, Now Try Qualifying for a Mortgage! The following article was written by David Grossman from Loan Central Canada/REAL MORTGAGE ASSOCIATES LIC#10464 For more information call David at 647-492-6685 We handle 1st & 2nd mortgages, Residential & Commercial, Land, Construction, Self Employed, Credit Issues, Private Money Available. Ask […]
Snap Up an Investment Property in Canada The Right Way
If we are to look at the current housing rental market in Canada, a real estate reporter of The Globe and Mail, Tamsin McMahon published a report in December
Six Reasons Why You Need a Mortgage Specialist in Toronto | Toronto Mortgage Rates
A mortgage specialist in Toronto is a licensed professional who has contact with multiple lenders who offer different mortgage rates
How to Get the Best Second Mortgage Rates
In many cases of home loans, the second mortgage rates are almost always higher than interest rates for first mortgages. This is because second mortgage loans carry more risk for the lender as they are placed second in priority on the property’s title in case of non-payment. This means that if there is failure to pay any payment arrangement that the borrower makes is first applied on the first mortgage before any amount can be paid out to the second loan. A second mortgage is an additional…
Be Mortgage-free Faster With These 3 Strategies
Title word real estate on a Realtor broker document contract page with set of house keys and ink pen in a realty brokerage resale office (fictitious document with authentic legal language) ** Note: Shallow depth of field