The benefits of a second mortgage
What is a second mortgage? A second mortgage is a loan taken against a house that already has a mortgage on it. In the event of a second mortgage, you...
Personal finance tips for home buyers
For most Canadians, buying their dream house is on their bucket list. Owning a home does not just allow you to build equity but also gives you more control...
The advantages of having home equity
If you’re reading this blog, you already know what home equity is, however, just to jog your memory, home equity is the percentage of ownership that you get back...
Home equity loan and its advantages
Home equity loans should not be confused with a Home Equity Line of Credit. Although both schemes allow you, the house owner to tap into the equity of your...
Mortgage process to be followed for first time home buyers
Buying your first home is one of the largest financial undertakings that you will be doing in your life. So, when you’re starting out on this investment, it’s highly...
Is Debt Consolidation a good choice?
When you're juggling between paying your mortgage and credit card bills, it can be hard to find the cash for everything. But what if there was an option where...
Increase your Revenue with Rental Property Mortgage
When you are looking for a rental property, it is essential to weigh all factors. The location and neighbourhood of your future home will have an impact on how...
Why Mortgage Renewal is Important?
You're the proud owner of a home and you've been paying your mortgage on time every month since purchase. Somewhere down the lane, though, things got rough financially -...
When is the right time to apply for a mortgage renewal?
Mortgages need to be renewed before they are paid off. A mortgage renewal is process of taking the outstanding balance of your mortgage and renewing it for another term...
