Category: Mortgages (11 posts)
Why Borrowers May Choose a Private Mortgage
February 24, 2021 | Posted by: Karen Monteiro
Why Borrowers May Choose a Private Mortgage When most people want to buy a home, they get a list of local banks and mortgage companies to start comparing the available financing options. However, the ...read more
How to Handle a Mortgage After a Separation or Divorce
February 10, 2021 | Posted by: Karen Monteiro
Mortgage Life After Separation and Divorce Separation and divorce present many challenges. It's a situation you likely never thought you'd never be in, but now there are personal and financial conseq ...read more
Reverse Mortgages – Impact on Heirs
September 9, 2020 | Posted by: Karen Monteiro
How do Reverse Mortgages Affect Canadian Heirs? For Canadian seniors, there is a great way to get the most out of the equity in their homes. Home prices tend to rise, and equity builds in the prope ...read more
When Is Mortgage Refinancing a Bad Idea?
June 10, 2020 | Posted by: Karen Monteiro
Property owners refinance their homes and commercial properties all the time. As your credit improves and you have built more equity into the property, it may make fiscal sense to refinance when inter ...read more
5 Smart Ways to Use a Home Equity Line of Credit
April 22, 2020 | Posted by: Karen Monteiro
For homeowners across the globe, home equity lines of credit (HELOCs) have become a handy way of tapping into the value of their homes. However, when borrowing money against your home, it is always a ...read more
What should you consider when refinancing your mortgage?
April 8, 2020 | Posted by: Karen Monteiro
Mortgage rates are at a historic low. If you're thinking about refinancing your mortgage, you could possibly save significant amounts of money over the years. Especially in the first years of owning y ...read more
Should You Pay Off Your Mortgage Early?
February 26, 2020 | Posted by: Karen Monteiro
It's a dream to be able to pay off your mortgage early, but is there a downside? While it sounds like a great idea, there are some factors to consider before doing so. This article will ex ...read more
How to Improve Your Chances of Being Approved for a Mortgage
December 24, 2018 | Posted by: Karen Monteiro
For most first time home buyers, obtaining a mortgage is a crucial part of the purchasing process. However, being approved for a mortgage is often easier said than done. It can be disheartening to f ...read more
The Pros And Cons Of Reverse Mortgages - A Quick Guide
November 28, 2018 | Posted by: Karen Monteiro
No matter how carefully you plan, life can put a dent in your retirement funds. A life-altering accident or illness can turn your life upside down. Dipping into your retirement to meet uncovered expen ...read more
Should You Spend the Full Mortgage Amount You're Approved For?
September 12, 2018 | Posted by: Karen Monteiro
Before you start shopping for a new home, you'll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for may not ...read more
Take Advantage of Low Interest Rates – Refinance Your Mortgage Today!
September 5, 2018 | Posted by: Karen Monteiro
Borrowers are loving the current record low interest rates, and homeowners stand to benefit even more. If you bought your home more than a few years ago, you could probably benefit from a refinance ...read more