Blog 31 Mar 2019 Mortgage Stress Test The mortgage stress test has been… well, stressful to say the least. Stressful for banks trying to meet targets, stress for mortgage brokers trying to get financing for clients, stressful for realtors and home owners… nkad3
Blog 22 Mar 2019 Top 5 Mistakes Made When Applying for a Mortgage The ‘top 5 mistakes made when applying for a mortgage’ is a really good topic to discuss. These mistakes happen frequently and to many mortgage seekers (over 50%), whether first time buyers or existing home… nkad3
Blog 08 Mar 2019 Tips for Mortgage Refinancing with Bad Credit There are a lot of reasons for exploring mortgage refinancing. Some of those reasons include; requesting more equity, seeking out a lower mortgage rate, consolidate debt, consolidate mortgages, paying out arrears, existing bank not willing… nkad3
Blog 28 Feb 2019 Recent Inquiry – First Time Home Buyer Question from caller: “I was a previous home owner, but I was wondering if could be considered as a first-time home buyer again? This is a very great question because there are different programs that… nkad3
Blog 22 Feb 2019 So You’ve Been Declined for A Mortgage By A Bank – Now What? If you’re looking to purchase or refinance (or possibly even pull out additional equity) and your bank has declined you due to bad credit, don’t worry! There are many institutions that will fund bad credit… nkad3
Blog 08 Feb 2019 Steps to Take to Get Approved For a Mortgage A mortgage approval consists of various steps that lead up to the approval itself, as well as steps that follow after the approval is given by the lenders. One of the initial steps in a… nkad3
Blog 11 Jan 2019 Mortgage Broker vs. Direct Lender Many people wonder what a mortgage broker does compared to just going directly to the lender. In fact, there’s a misconception that a mortgage broker is someone you go to when the banks say no.… nkad3
Blog 28 Dec 2018 Notice of Sale – What You Need to Know Power of sale (also referred to as notice of sale) can be a scary experience. Power of sale is the actionable response from a mortgage bank/lender with regard to mortgage arrears, non-payment or habitual late/missed… nkad3
Blog 14 Dec 2018 Low Mortgage Interest Rates – How Do I Qualify? Mortgage interest rates are one of the most popular questions surrounding mortgages. Whenever anyone is looking to seek financing for a purchase, refinancing or equity take out, they are always interested to know what the… nkad3
Blog 30 Nov 2018 How Is Mortgage Pre-Approval Determined When it comes to mortgage pre-approvals, the lender’s approach to under writing the application is always different than if you were to formally apply for a mortgage approval. Firstly, it is important to note that… nkad3
Blog 22 Nov 2018 Difference Between Private Mortgage Lenders and Banks When it comes to mortgage needs, its true, most home owners visit their local bank. It seems convenient to do so since most of your financial holdings and accounts are typically with a specific bank.… nkad3
Blog 20 Nov 2018 Is An Interest Only Mortgage Right For You? An interest only mortgage is right for you if it needs to be right for you. Yes, I agree that this sounds very wishy washy, but let me explain further. An interest only mortgage is… nkad3
