How to Choose Mortgage Rates Wisely
Mortgage loans are mainly for the purpose of house property payments. The loan consists of two parts, i.e., the down payment and the installment. The down payment is the initial payment in cash which is done and the rest is the loan facility availed as mortgage. The home is retained as collateral against the mortgage.
Mortgages for a Senior Citizen – Halton Hills
If you are a senior citizen and looking for a mortgage, then this is for you!
Legally, lenders are not allowed to discriminate against anyone on the basis of age. Mortgages can be confusing, especially for senior citizens. Though, there are many mortgage options available to our senior citizens.
First-Time Buyers’ Dos & Don’ts
Are you thinking about buying your first home? Don’t get overwhelmed!
With your first-time home purchase comes much intimidation. Our team of mortgage agents are experts on this topic and we’ve put together some tips for first-time home buyers to help along the way.
Here’s what you need to know…
Canadian Investments: Top 3 Reasons Why You Should Get a Second Mortgage
The more payments you make on your home, and the more real estate prices continue to rise, your home equity builds up along side it. However, if you want to transfer your extra equity to your bank account for your personal use, then getting a second mortgage is definitely an option you want to consider.
Should You Refinance Your Mortgage?
Finding the right mortgage is a complicated process. And, on top of that again refinancing it sounds more mess. But,
Should You Refinance?
Little Bit About the Second Mortgage
A second mortgage is an option for those people who already have a first mortgage and have paid on it over a period of ten years (or fewer) and during that time have built up what is called equity.
How Bridge Loans Work
Bridge loans are temporary loans that link the gap between the sales price of a new home and new mortgage. This type of mortgage is beneficial if the buyer’s home is in the market but not yet sold. Thus, you can use the bridge loan amount as your down payment for the second home. This loan is secured by buyer’s existing/first home.
Getting a First Time Home Buyer Loan – Halton Hills
So you want to buy your first home, do you? Well, first you should continue your research on the best home buying options that are available for first time buyers in Ontario. It is probably one of the best decisions you could make, and this list below will point out some of the pros and cons of being a first time home buyer.
An Ultimate Guide to Private Mortgages – Available in Halton Hills
With a private mortgage, you don’t borrow from a bank. Instead, you borrow from another person or business. Whether it’s your only option, or one of many, it’s worth learning how these loans work and knowing what can go wrong.
Debt Consolidation Loans in Canada
In Canada, consolidation loans are a way to combine several smaller loans into one single monthly payment. The concept is simple; getting the loan is the hard part. Here’s an example: