Porting a mortgage can be a great option when moving to a new house as porting can help you avoid a penalty from breaking your current mortgage. I am able to assist with porting and love helping clients through the process. There are are a lot of impor ...
To ensure you get the best mortgage rates and options for your needs, here are the top five questions to ask your Ottawa mortgage broker. Top five questions to ask your Ottawa mortgage broker Is the mortgage collateral or conventional? Th ...
Not able to qualify for a mortgage at your bank? An Ottawa mortgage broker can help you explore solutions with alternative lenders and private lenders. There may come a time when your finances are not quite where they need to be to qualify for a mortga ...
When signing the mortgage package your Ottawa mortgage broker will ask you how you would like to pay your property taxes. Here are three ways you can pay them. Learn more: Ottawa mortgage broker How to Pay Your Property Taxes Have Your Mortgage Lender ...
A mortgage is a contract between you and the lender. The contract has terms, conditions, obligations, rights and so on. Many lenders will allow you to break the contract if you pay a penalty. For a fixed rate mortgage, this penalty is often the higher ...
The reward for making a larger down payment in the past was a lower rate. However, with recent changes in mortgage rules many lenders now have a higher rate for those with larger down payments. In the past mortgages were looked at as high ratio (less ...
When buying a home, the different types of insurance that you may be offered, can be a little confusing. If you've ever asked, "What are all these insurances?", keep reading to learn more. What are all these insurances? The three main i ...
Here are some important points to know about prime and your variable rate mortgage. Fixed rate mortgage holders are not affected by changes in prime. Bank of Canada rate changes only affect those with a variable rate mortgage. On July 12th and Septembe ...
