Mortgage Rates and Inflation
Mortgage Rates and Inflation There has been much discussion about mortgage rates and inflation in the news these days. The rate environment of the last …
High Ratio Mortgage Insurance Information
What is high ratio mortgage insurance? Why is it needed? In Canada, you can purchase a home with as little as 5% down. This is …
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Construction Financing
Foundations of Construction Mortgage Financing Building a home is a completely different process than buying an existing built house.A large part of how banks approve …
Writing An Offer Without Subjects
With unprecedented low interest rates and high demand for housing, there is no doubt about it, the real estate market is extremely active and so …
Title Changes
Title changes can happen for a variety of reasons. Some of those reasons include: tax purposes, marriage or divorce, co-signer / requalification changes, or estate …
Portability
If you are in a fixed rate mortgage and need to sell your property before the term is up, you may be able to exercise …
Appraisals
Appraisals play an important role in the lending industry. They are used by lenders to help determine the lending value of a property, but they …
Basement Suites
Basement suites, or secondary suites, are a great way to help manage the costs associated with home ownership. They can also help you qualify for …
Co-signer or Guarantor
Co-signer or Guarantor? What is the difference? How can they help? Here is our FAQ on the subject. So, you would like to purchase a …
Monoline Lenders
What is a monoline lender? A monoline lender is a lender that sources funds for mortgage financing from a range of different investors. These investors …