You might dream of buying a home in any city in Canada, but fear you’ll never be able to afford one. This is where you might consider a high-ratio mortgage. Read on to find out what a high-ratio mortgage is and whether the mortgage payments cost more or less. It will save you time and…
Why Should You Use a Mortgage Broker? — Top Advantages You Should Consider
Before you head out to your local bank branch, you should consider meeting with a mortgage broker first. Mortgage professionals are another way for you to get the loan of your dreams, and there are plenty of advantages attached to their services. To help you get the best rates and advice, here are all the…
Mortgage Broker vs Bank — Which is Better For You?
If you’re planning to buy a house but you don’t know where to get a loan, what’s better between a mortgage broker vs bank? Mortgage brokers are popular among bargain hunters, while banks are for people looking for secure, fast transactions. But which of these benefits fit your needs and budget better? Our experts will…
How Can You Become a Mortgage Broker in Canada?
Aspiring to be a full-fledged mortgage broker in Canada, but don’t know where to start? Before you shell out money for the technical coursework and license requirements, you should familiarize yourself with the entire process so you don’t skip on the important requirements mandated by the state. Here’s all the first-hand information you should should…
How Much Do Mortgage Brokers Earn in Canada? — Average Salary Based on Experience
If you’re considering a career as a mortgage broker based in Canada, you need a realistic idea of the salary to prevent any regrets or unhappiness when you’ve already quit your previous job. Learn about the average salary you can earn as a mortgage broker based on experience. Tasks and Responsibilities of a Mortgage Broker…
First Toronto Mortgage — How Does it Work?
A mortgage is a hefty loan you acquire to purchase a property. Taking out your first mortgage can be daunting, especially if you don’t know what to watch out for. You don’t want to end up in over your head with impossible interest, but our real estate team is here to make sure that won’t…
How to Get a Mortgage With No Down Payment and Bad Credit in Canada? — Methods to Afford That Loan (2021)
It’s not the end of the world if you cannot afford a down payment and have bad credit. You can still manage to secure a mortgage if you know what to do. This is where our experts come in with a handy guide on how to get a mortgage with no down payment and bad…
How to Get a Mortgage With Bad Credit? — Steps You Can Take For a Hassle-Free Loan (2021)
If you are a victim of past bad decisions or had some financial issues, it can be hard to make large purchases due to bad credit. But did you know your dream of buying a new home can still come right even with a low credit rating? Our experts will make your dreams come true…
Can You Be Denied a Mortgage Renewal?
Can you be denied a mortgage renewal? The answer is yes. Although you can be denied a mortgage renewal as your lender reserves the right to do so, it’s an unlikely move on their part. However, there is still a chance you will find your request refused. But you don’t need to worry as our…
What Happens if You Don’t Renew Your Mortgage?
Your mortgage is set in terms, with it being a year, two years or whatever you have agreed to. Renewing your mortgage is necessary when if and when your term is expiring and you still haven’t paid off the principal. But what happens if you don’t? There are actually a few reasons why you may…