Blog tagged as Credit Score

The Mortgage Foundations Client Journey

The Mortgage Foundations Client Journey

By Mortgages Foundations

In order to make sure that every client's file is set-up for success right up to and past closing day, Mortgage Foundations follows a Client Journey. Today, we will discuss the steps involved throughout the Client Journey and explain what happens at each step in the process.

The first step in th...

25.10.24 02:15 PM - Comment(s)
Private Mortgages Explained

Private Mortgages Explained

By Mortgages Foundations

Today, I am going to discuss private mortgages, the difference between the types of private mortgage lenders, as well as explain some common uses and risks of a private mortgage.

First, it is important to note that a private mortgage is not for everyone, and your Mortgage Broker should exhaust all o...

03.10.24 06:27 PM - Comment(s)
Mortgages for Self-Employed or Business For Self (BFS)

Mortgages for Self-Employed or Business For Self (BFS)

By Mortgages Foundations

When it comes to understanding a mortgage for a self employed individual it is critical to recognize that the core principles of the mortgage remain the same whether you are self-employed or employed as a traditional employee. The process of securing a mortgage for a self-employed individual ca...

05.09.24 12:14 PM - Comment(s)
What is an Alternative Lender?

What is an Alternative Lender?

By Mortgages Foundations

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...

15.08.24 01:19 PM - Comment(s)
Down Payment

Down Payment

By Mortgages Foundations

If you're considering taking the big step towards homeownership, it's essential to understand what's involved when it comes to your finances. When purchasing a home, you'll need to make a down payment. This down payment is the initial amount of money you pay towards the total purchase price of the h...

21.06.24 05:17 PM - Comment(s)