One of the major decisions that anyone will have to make in their life is to purchase a house of their own. It is often a once in a lifetime opportunity and thus requires careful thought prior to making any final decision or choice. In Canada, there are different types of available mortgages and buyers need […]
Construction Mortgage: Just What Your Growing Business Needs
Imagine this – you have been fortunate to own a business that’s not only doing well but is doing so great that there is no other way but to expand. And like any businessman in the planet, you’re raring to go. And why not? Not every business reaches this stage after all. So if your […]
Six Reasons Why You Should Seek the Assistance of a Mortgage Specialist in Toronto
A mortgage specialist in Toronto is a licensed professional who has contact with multiple lenders who offer different mortgage rates. His job is to help buyers who need a mortgage to finance their purchase of a home or other properties to find the best rate, terms and conditions that is suitable for their particular needs. […]
Owning your first home may be easier than you think with the Home Buyers’ Plan
If you fall into one of the following scenarios, you may be able to take advantage of the Home Buyer’s Plan and benefit from significant tax breaks: You do not have enough cash for a down payment but have money in a Registered […]
Pre-Approved Mortgage
Shop for a home with confidence? Ask for a Pre-approved Mortgage! Important Benefits Know what amount to plan for in your budget Know what amount you need for your downpayment Be in a better negotiating position Be protected from interest rate increases if you choose a fixed rate Speeds up the final approval process […]
5 Great Tips For First-Time Home Buyers
If you’re thinking of buying your first home, these five tips will help you enter the market with confidence. 1. Test-drive life as a homeowner Taking on a mortgage for the first time can seem like a big commitment and you may be unsure of how it will feel. Will you need to make sacrifices […]
Be Mortgage-free Faster With These 3 Strategies
Every homeowner knows that the best mortgage is no mortgage at all. So what can you do to pay down your mortgage faster – and save possibly thousands of dollars of interest at the same time? Consider these three strategies. Pay more frequently Many people choose a “traditional” payment schedule, paying their mortgage […]
Fixed or Variable – Which one is right for me?
If you’re buying a home for the first time, you may not be entirely clear on the difference between fixed rate and variable rate mortgages. Both have benefits and the choice that’s right for you will depend on your situation and your personal preferences. Here’s what you need to know. The benefits of a fixed rate With […]