Archive for December 2014
Do I really have a choice? Mortgage options lenders can’t provide
Sometimes it feels like we don’t have a choice. We’re expected to just take what the banks give us, and accept it. But I’m telling you, you do have a choice. You’re not bound by what the bank offers you. I understand that shopping around can take some time. It can take some effort to…
Read MoreMy best mortgage broker moment pt. 2
In part 1, we talked about how to really understand how a good mortgage broker gets you the right mortgage, you need to understand how lenders look at you using the 5 “C’s” of credit: Capacity – whether your income is sufficient. Capital – whether the size of your down payment is sufficient. Collateral –…
Read MoreMy best mortgage broker moment: pt. 1
Have you ever wondered if you wouldn’t be able to qualify for a mortgage, or that it would be so difficult it’s not even worth trying? You’re not alone. Many people ask themselves the same questions – either because they’re self-employed, have had financial difficulties in the past, or are just unfamiliar with the mortgage…
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