How To protect yourself from mortgage fraud
Credit / Documents / Downpayment / Lenders / Purchase / Rental Properties

How To protect yourself from mortgage fraud

Mortgage fraud is a crime that affects both lenders and borrowers. It can negatively affect credit scores, raise insurance premiums, increase document requirements, waste time and money and cause stress for honest borrowers looking for financing. There are a few actions you can take to protect yourself from becoming a victim of mortgage fraud; the … Continue reading

How to finance a vacation home
Credit / Documents / Downpayment / Income / Insurance / Lenders / Purchase / Qualifying / Rental Properties

How to finance a vacation home

Before you go cottage shopping, let’s chat about the mortgage financing as it’s a little different than getting a mortgage for your primary residence. These types of properties have been affected by the mortgage insurance rule changes too, so now is a great time to review the basics of financing a vacation property or a … Continue reading

Don’t be a victim of mortgage fraud
Credit / Documents / Downpayment / Lenders / Purchase / Qualifying / Rental Properties

Don’t be a victim of mortgage fraud

Mortgage fraud is a crime that affects both lenders and borrowers. It can negatively affect credit scores, raise insurance premiums, increase document requirements, waste time and money and cause stress for honest borrowers looking for financing. There are a few actions you can take to protect yourself from becoming a victim of mortgage fraud; the … Continue reading

Financing A Cabin
Documents / Downpayment / Insurance / Lenders / Purchase / Qualifying / Rental Properties

Financing A Cabin

It is that time of year, when the weather is great and the benefits of owning a cabin or cottage of your own is that much more appealing. Though before you go cabin shopping, let’s chat about mortgage financing as it’s a little different than getting a mortgage for your primary residence. These types of … Continue reading

Getting A Mortgage In 2015
Credit / Documents / Downpayment / Income / Lenders / Market Updates / Mortgage Renewal / Purchase / Qualifying / Rates & Terms / Refinance / Rental Properties / Variable Interest Rates

Getting A Mortgage In 2015

We are halfway into the month of January and the 2015 predictions have come out, so what does the New Year hold for the mortgage market? Let’s take a look at what’s on the radar regarding prices, interest rates and what the lenders are thinking about going forward. Knowing what to expect can be helpful … Continue reading

How much do you know about second mortgages?
Bankruptcy / Credit / Debts / Documents / Lenders / Purchase / Qualifying / Quizzes / Rates & Terms / Refinance / Rental Properties

How much do you know about second mortgages?

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 things you should know … Continue reading

Second Homes & Vacation Properties
Credit / Documents / Downpayment / Insurance / Lenders / Purchase / Qualifying / Rates & Terms / Refinance / Rental Properties

Second Homes & Vacation Properties

The economy is improving and recreational property purchases seem to be on the rise. Low interest rates, employment confidence and a rising Canadian dollar are what’s driving the interest to buy additional properties. Though before you go cottage shopping, let’s chat about mortgage financing as it’s a little different than getting the mortgage for your … Continue reading