Archive for August 2014
When you Remortgage Your Home
Remortgage for a Refreshing Solution When life throws you lemons use your home equity to make lemonade! Your home equity can provide much needed financial support when it matters most, and a refinance mortgage can be the perfect solution to a touch situation. Life’s Full of Surprises There are all sorts of challenges that you can’t…
Read MoreMortgage Transfers Make Sense
You have more choices than you think Need help with getting a mortgage but know you need a new financial partner? A mortgage transfer from another financial institution is easy and there are many reasons why you might want to do this. Among them are: Better service A better interest rate, and Greater repayment flexibility. Mortgage Transfers…
Read MoreThink you’re out of options? If You’re Self Employed, a Mortgage is Still Possible
Can I Get a Mortgage? Self employed mortgage? You’re thinking there’s no way. You’re thinking, with your credit rating, nobody’s going to approve you for a mortgage. Or you’re self-employed and don’t know where to start when trying to prove your income. If the bank you’ve been a client with for years won’t approve you,…
Read MoreUnderstanding the Credit Bureau
If you are looking for a mortgage Ottawa residents would do well to understand the Credit Bureau. A credit bureau is a company that collects information from various sources and provides consumer credit information on individual consumers for a variety of uses. What You Need to Know to Get Your Mortgage Ottawa It is an…
Read MoreIt’s Time to Renew
Don’t Fall For the Trap A renewal is like a fresh start, so don’t get caught by the banks! When a term is coming to a close, most Canadian banks will send a mortgage renewal notice in the mail a few months before the term is up. At this time the banks tend to take…
Read MoreDebt Consolidation
Want to decrease your monthly payments and increase your monthly cash flow? Debt consolidation using your home equity can be a smart way of achieving both. With a refinance mortgage, you can make a strong, positive difference on your family’s financial situation. Debt Consolidation Can: Help increase your credit score Offer simplicity of one payment…
Read MoreUnderstanding Your Credit Score
Driven by the financial industries desire for an equitable method of comparing the credit worthiness of borrowers, Fair Isaac & Co developed a credit measurement tool in the 1950′s called the FICO score in Canada it’s called a Beacon score. Today it is considered to be the industry standard. The BEACON Score The three most recognized credit reporting…
Read MoreHow to Get a Mortgage: The Credit Bureau
Mortgages Made Easy If there’s one organization people are afraid of, it is often the “Credit Bureau”. But usually, that’s because they are not well understood. A credit bureau is a company that collects information from various sources and provides consumer credit information on individual consumers for a variety of uses. It is an organization…
Read MoreIt’s about Knowledge, Convenience and Choice!
It’s about Knowledge, Convenience and Choice! I am often asked why people should use a Mortgage Broker instead of going to their banking institution. Mortgage Brokers do not work for any specific lending establishment and typically we do not lend money but rather put you in touch with those who do. Brokers are aware of…
Read MoreFirst Time Home Buyers
How to Get a Mortgage Are you tired of renting and are ready to buy? Want to become a first time home buyer? Great! Buying your first home is a big financial decision and can be an overwhelming process, but with the right mortgage broker it can be easier for you! “Even though we’re seniors,…
Read More