Blog 03 Oct 2013 Understanding 2nd Mortgages… First off, what is a second mortgage and what does it mean to have a 2nd mortgage? Simply put, a 2nd mortgage is a loan registered behind an existing mortgage loan in chronological sequence. For… nkad3
Blog 03 Oct 2013 Last Minute Mortgage Hunters To understand why, we must consider the list various parties involved in the process: Seller Buyer Broker Lender Lawyer Appraiser *This list generally covers the main parties involved, but is not inclusive of all possible… nkad3
Blog 03 Oct 2013 The “Shopping” Mentality So you need a mortgage, and you need it fast! You’re looking for the best rate so why not shop around and contact multiple brokers to see what you can get?…Buyers Beware, although in most… nkad3
Blog 03 Oct 2013 But I Was Pre-Approved When it comes to purchasing a home it is a good idea to know how much you can actually afford. Many clients seek preapprovals for two main reasons: To know that they can get financing… nkad3
Blog 03 Oct 2013 Down Payment Guide: How Much Do You Actually Need in Canada? Wondering about the minimum down payment for a house in Canada? Learn the exact rules, stress test requirements, and options for A and B clients. nkad3
Blog 03 Oct 2013 Beyond Rate Fixation: Why the Lowest Mortgage Rate Can Cost You More Is rate fixation costing you? Learn why focusing only on the lowest mortgage rate can trigger massive penalties and how to choose the right mortgage terms. nkad3
Blog 03 Oct 2013 How to Recover From Holiday Debt Using Your Home Equity Overwhelmed by post-holiday credit card bills? Discover how holiday debt consolidation using Ontario home equity can slash your monthly payments. nkad3