Blog categorized as Mortgage

So, you're curious about alternative mortgage lenders, huh? Well, you've come to the right place! Let's dive right into it and explore what exactly an alternative mortgage lender is. When we think about getting a mortgage, the first thing that usually comes to mind is heading straight to a tradition...

Let's say you have a mortgage commitment from a lender, and prior to the closing date, rates change and come down a bit. Today, we will discuss how this change in rates can potentially benefit you and save you some money in interest expense; or how a rate change can affect how much more you cou...

So, you've come across these terms - variable rate mortgage and adjustable rate mortgage, and you're curious to know what exactly sets them apart. Well, let's dive right in and explore the differences between these two commonly used terms in the world of mortgages. When talking about mortgages, the ...

So, let's talk about the new CRA T3 filing requirements for people who have co-signed on a mortgage. You might be wondering why this is even a thing, and what it means for you. Well, don't worry, because I'm here to break it down for you. First things first, let's quickly go over what a co-signer is...

A Home Equity Line of Credit, or HELOC, as it is commonly referred to is a method of tapping into your home's equity, much like a mortgage refinance or 2nd mortgage; except there are some key differences between them.

A HELOC is a type of mortgage that is still secured by the property; however works ...