A common term and form of advertising to hear in the mortgage industry is that "in most cases, my services are free". While it may come across that Mortgage Brokers are doing the work for nothing, in reality, it really comes down to who pays us, and more often, it is the lender, not t...
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Today I want to discuss the subject of porting an existing mortgage and explain what a port is and go over the pros and cons of doing so.
First, it is important to mention that not all mortgages can be ported and not all lenders allow their mortgages to be ported; or, may only allow their fixed mortg...
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 ...






