Do you know if your mortgage is a collateral or a standard charge? You should!
collateral mortgage / credit help / Documents / First Time Home Buyer / Helpful Tools / Lenders / Market Updates / Mortgage Renewal / mortgage rule changes / Purchase / Refinance / second mortgage / Standard Charge Mortgage / Talk to a Mortgage Broker / Uncategorized

Do you know if your mortgage is a collateral or a standard charge? You should!

Given all of the mortgage products with many different lenders available these days, I would say it’s a good time to remind all to read the fine print in any and every contract put in front of you. If you don’t understand something, you need to ask the questions. As the mortgage interest rates start … Continue reading

Is a second mortgage right for you?
Broker vs. Bank / Credit / credit help / Helpful Tools / Income / mortgage / mortgage rule changes / payout penalty / Qualifying / Rates & Terms / Refinance / Rules / second mortgage / Second Mortgage Options / Stress Test / Uncategorized

Is a second mortgage right for you?

I don’t mean a second mortgage as in getting a mortgage on a second property; in this case I’m talking about a 2nd mortgage behind an existing 1st mortgage secured against the same property. Second mortgages aren’t for everyone so I’m going to highlight what I think are the top 10 points you should know … Continue reading

Does your Business need equipment?
Business cash flow / cash-flow / Credit / credit help / Debts / Equipment leasing / Inventory financing / Leasing / Leasing turn down / merchant advance / Qualifying / Rules / Uncategorized / unsecured loans / working capital

Does your Business need equipment?

Does your business need equipment? Purchasing new equipment places heavy demand on available capital. By leasing equipment, you can keep your cash reserves and credit lines open. Leasing comes out of the operating budget, making it possible to invest working capital where it’s needed most. The result is increased efficiency and productivity and a healthier … Continue reading

Six helpful tools that can become money traps!
Credit / credit help / Debts / Downpayment / Helpful Tools / Purchase / Uncategorized

Six helpful tools that can become money traps!

We all want to be better money managers and Canadians, and for the most part, we are pretty good at it. Then an offer comes along that you can’t resist and before you know it, that great offer or tool that was once helping you, has become a trap. Credit cards. For some of us … Continue reading