Whether you are getting your first mortgage, refinancing an existing mortgage, or getting a new mortgage on a new property, your credit score is a very important factor in your application!
That’s why it is important to know what your credit score is, and how you get, and keep, a good credit score!(more…)
When you obtain a mortgage the lender may suggest that you take out Mortgage Insurance (also known as Creditor Life Insurance). Many people chose not to take it, but they also don’t have Life Insurance, and this is problematic as you should definitely have one or the other! So let me explain what they are so you can make the right decision.(more…)
Private lenders have always had their niche market. Traditionally, those using private lenders were individuals who are purchasing properties that are unique and don’t meet traditional lending guidelines (eg., Tiny home), who have bad credit, can’t prove their income, new to Canada and more.(more…)