What? A mortgage with no regular payments required? Is a Reverse Mortgage right for you?
cash-flow / Lenders / mortgage / Qualifying / Rates & Terms / Reverse Mortgage / Uncategorized

What? A mortgage with no regular payments required? Is a Reverse Mortgage right for you?

What is a Reverse Mortgage? A reverse mortgage is a loan that allows you to turn a portion of your home equity into cash without having to sell your home. The maximum amount you will be able to borrow will depend on your age, your home’s appraised value and the lender. With this long-term financing … Continue reading

Want to buy a house? Tips to ensure you don’t have to live in your car!
Broker vs. Bank / Credit / Debts / Documents / First Time Home Buyer / Helpful Tools / Income / Market Updates / mortgage / mortgage rule changes / Pre-Approvals / Purchase / Qualifying / Rates & Terms / Refinance / Rules / Stress Test / Uncategorized

Want to buy a house? Tips to ensure you don’t have to live in your car!

When it comes to applying for a mortgage, the current debts you have affects the mortgage amount you can qualify for. I often see buyers who have worked hard to maintain a good credit score and saved up their down payment only to be told they don’t qualify at the price they want to buy … Continue reading