Considering a private mortgage could be a viable solution if you find yourself ineligible for a conventional home loan. However, while a private mortgage presents an alternate avenue to owning a home, treading carefully is imperative when considering this route. One...
A strong credit score is a key that unlocks doors to premium credit cards, favorable loan options, and enticing interest rates. However, the territory of bad credit history mortgage, typically characterized by FICO scores between 300 and 579 or ranging from 300 to...
You found the right home, and you now need money to buy it. Click here for some tips to get approved for a mortgage to buy your dream house!
Canada is a nation of homeowners, with nearly 70% of Canadians owning a home. Homeownership comes with many benefits, but one of the best is building equity. Equity represents the difference between what you can sell your home for and the amount you still owe on the...
Brace yourself—2024 is shaping up to be a pivotal year for many Canadian homeowners. Thousands of mortgages are coming up for renewal, and the reality for many is higher interest rates and increased payments. If your mortgage renewal is just around the corner, you may...
By the end of 2024, the Bank of Canada is predicted to cut rates even further, and this could mean significant changes for homeowners. Whether you're managing debt, considering a home equity loan, or thinking about a home equity line of credit (HELOC), these rate cuts...
Is Your Mortgage Renewal Coming Up? Here’s How to Prepare As your mortgage renewal approaches, it's crucial to understand your options and how to prepare for the next steps. Whether you're eager to secure a better rate, adjust your payment terms, or ensure you're...