Looking to learn more about passive houses and how they can help reduce your energy costs and carbon footprint? Check out this comprehensive guide as we unpack one of the home buying secrets you never know about: passive houses in Canada!
Read More
Recreational homes are an excellent investment. Take a look at some things you must know before buying a cottage:
Read More
Are you considering taking out a commercial mortgage? If so, you'll need to know which properties are eligible for this financing.
Read More
Purchasing a summer cottage or vacation home is one way that families are choosing to live differently and it’s more accessible than you think with the proper planning.
Read More
Some loans have fixed rates, while others offer variable rates. We'll discuss what fixed-rate loans and variable-rate loans are today:
Read More
The Canadian government imposes strict qualifications to ensure you can afford your mortgage. This is where the mortgage stress test comes into play.
Read More
If you are a non-resident acquiring real estate in Canada, there are options to enter into an investment property. You may have questions about real estate, but you've come to the right place.
Read More
Owning a home is both an achievement and an investment. But for first-time home buyers, it is a challenge to get approved for a mortgage that could help them in owning a home faster and easier.
Read More
We’ll discuss the Tax-Free First Home Savings Account. If you’re interested, we've compiled everything you need to know in this handy guide.
Read More
If you have an existing mortgage, keep reading. This article will help you plan for your finances in the next couple of months and if there is a need to consider alternative lending.
Read More
What are private mortgages? If you want to know the answer to this question, read on as we break down everything you need to know about private mortgage lending.
Read More
Today, we’ll look at mortgages Canadians who are self-employed can qualify for. We’ll also tackle how the self-employed can present their creditworthiness.
Read More
A second mortgage loan typically has an interest rate that is one to two percent higher than the first mortgage loan. Of course, this all depends on your personal credit score, as well as the type of loan you are applying for. If you are applying for a second mortgage loan on a house that is worth less than 30 percent of its original value, the rate may be up to three percent higher than a first mortgage loan.
Read More
Obtaining a mortgage when you’re self-employed can feel overwhelming at first. You can’t follow the traditional path of earning a steady salary, but it’s still easy to manage.
Read More
Getting pre-approved for a mortgage helps people get lender approval before buying a house. It gives the buyer peace of mind knowing that they can purchase a property that they can afford. Being pre-approved for a mortgage will be a great advantage for buyers since they can get an idea of the mortgage amount they can afford. It can help them save on their time, energy, and efforts when looking at prospective houses.
Read More
Are you in Canada already, or have you not arrived yet? Whatever the case may be, now is a great time to look into your options for understanding and obtaining a mortgage! There's no such thing as being too early or too late at looking into immigrant mortgage options.
Read More
There are many nuances to succeeding with your mortgage as an entrepreneur, but in this article, we're going to cover the first major considerations, including what trade-offs you need to balance when it comes to paying less taxes, and also how you can qualify for the mortgage you need.
Read More
Traditionally, the mortgage application process is relatively fast and easy, especially for someone with a steady income from a full-time job. Applicants can provide their bank statements and credit score to prove their income and the value of their property before they receive approval.
Read More