If you’re like most borrowers, you won’t be shopping for a mortgage very often. This means you may not know all about the specialty mortgage products that are currently available in the mortgage market. I’ve provided a brief overview of a few of the less common mortgage financing options below that I have recently encountered. … Continue reading
You find the perfect neighbourhood you want to live in and everything you need is close by, but you just can’t find the perfect home for you and your family. One has an awful looking bathroom, another has an outdated kitchen, and a third home has no garage. Enter the Purchase-Plus-Improvement mortgage product. This type … Continue reading
Getting a mortgage is likely one of the largest debts a borrower will take on in a lifetime and choosing the right mortgage term, type and length is a crucial step in the financing process whether it’s your first or fourth home. Maximize homeowner happiness by choosing a mortgage term that is affordable and suits … Continue reading
Appraisals are a valuable part of the real estate transaction and they are different than a market valuation provided by a real estate professional. What is an appraisal? An appraisal is an unbiased estimate of what a buyer might expect to pay (or a seller to receive) for a parcel of real estate. It is … Continue reading
You find the perfect neighbourhood you want to live in and everything you need is close by, but you just can’t find the perfect home for you and your family. One has an awful looking bathroom, another has an outdated kitchen, and a third home has no garage. Enter the Purchase-Plus-Improvements mortgage product. This type … Continue reading
It has been way too long since my last blog, but I have been getting a lot of questions on the above and I thought I would share some quick tips. Keep in mind, I am a mortgage consultant and not a realtor, so this is just some information I have picked up over the … Continue reading
