Pros & Cons of getting a Private Mortgage & Loans

Pros & Cons of getting a Private Mortgage & Loans

What Are Private Mortgage Loans? Private mortgage loans are granted by private lenders unlike banks or conventional financial institutions. These short term loans do not require homeowners to pay the mortgage principal. Simply put, you only have to make the interest...
Reasons to Consider Mortgage Refinancing

Reasons to Consider Mortgage Refinancing

There are many reasons to consider mortgage refinancing to replacement your existing mortgage loan with another lender under different terms. A borrower in Canada may consider refinancing his or her loan for diverse reasons. If you’re not sure whether you should go...
Shop before you Renew

Shop before you Renew

Shop before you Renew Home » Category: "Mortgage" (Page 2) At mortgage renewal time, it is important to keep in mind that all financial institutions are about making a profit. Unfortunately, according to the Canada Mortgage and Housing Corporation...
Statement of Adjustments

Statement of Adjustments

Statement of Adjustments Home » Category: "Mortgage" (Page 2) When purchasing, refinancing or selling your home, you will need the services of different professionals from the first step to the closing. You may be required to hire a realtor, a survey...