Cost of Mortgage Refinancing in Canada
Most Canadians apply for mortgage refinancing to help reduce their interest rate or to gain access to the equity that they have built on their property. Although there...
5 Things to Know Before Applying for Mortgage Refinancing
A huge portion of mortgage applications revolves around mortgage refinancing, possibly because of the low interest rates being offered which is quite appealing to homeowners. Most of them...
When Mortgage Refinancing is Not a Good Idea?
Homeowners may find it appealing to apply for mortgage refinancing to reduce their expenses, but there are instances when this is not a good idea. Your current situation will...
Why Homeowners are Choosing Private Lenders for Second Mortgages in Canada
Homeowners who are considering applying for second mortgages in Canada are turning to private lenders lately, especially when the stricter rules on home mortgage loans were released recently. A...
What’s the Difference Between Mortgage Refinancing and Mortgage Renewal?
Canadian home mortgages are not usually paid off during the life of the term itself. One reason behind this is that the lenders tend to amortize the loan...
Most Common Questions Regarding Second Mortgages in Canada
Most homeowners in Canada likely have come across a second mortgage while pursuing their options when looking for a loan and such. You might even be wondering how...
A Guide to Mortgage Refinancing in Canada
As a homeowner, you can build credit and grow equity on your property which is why, if you are out to buy your first ever home or have been...
How Much Can You Borrow on a Second Mortgage and What Will It Cost?
A second mortgage is a type of loan that homeowners take out on an existing mortgage, with the borrower still paying for their first mortgage on top of their...
Tips on How to Get Mortgage with Bad Credit!
Credit issues can come up from time to time, especially when you’ve lost your job, had an illness that kept you from your work, or just no built-up credit...
Second Mortgages Canada – How Do They Work?
Canadians may be aware of the second mortgage, but this doesn’t mean that everyone knows how to go about it. The second mortgage is basically a secured loan that...
