For a first-time homebuyer, purchasing a home could initially seem like a daunting process. There are lots of steps, budget and strategy issues to think about, not just to mention many numbers to crunch and details to research. Don’t worry! First-time homebuyers enjoy...
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How to Refinance Your Mortgage in Canada
5 Easy Steps in Refinancing a House Mortgage in Canada Refinancing is one of the best ways to gain more from your mortgage. Breaking the existing mortgage contract through refinancing may give homeowners more benefits like lower interest rates, extra cash-on-hand, and...
Everything to Know About Self-Employed Mortgage in Canada
It's no secret that everybody wants to have a home. For this reason, people take out a home loan to help finance it. In a place like Canada, home loans are always hot and highly sought after. Conversely, people also have many choices. For self-employed people, they...
The Different Mortgage Myths That You Should Be Aware Of
People rely on mortgages to acquire the cash that they need to buy a new home. Despite the fact that it is not a straightforward process, it is still very manageable, so as long as you are willing to invest the time and effort to submit your application. That said,...
Mortgage Documents: What Do You Need and Why You Need Them
If you are planning to buy a home, you will want to speak with a mortgage broker first. Doing so will allow you to know where you are financially and what kind of mortgage you qualify for. When applying for mortgages, your broker will want to see some documents to...
How Do Line of Credit Interest Rates Work
A line of credit is a loan from a bank or financial institution which allows borrowers to borrow the funds that they need in chunks. Borrowers can pay back the repayments whenever they need to because a line of credit lets its users borrow as much or little funds as...