Mortgage Brokers Offer Tangible Benefits

EditorAbout Mortgage Brokers, Agricultural Mortgages, Commercial Mortgages, Credit Rating, Financial Tips, First Time Home Owner, General Interest, Mortgage Term, Mortgage Types, Real Estate Advice, Refinancing my Property, Residential Mortgages

Very few people can afford to pay for their property in full. This is by no means a bad thing – property is expensive and it’s perfectly normal for an investment of this size to require long-term financial planning. That’s what mortgages are all about. Banks and lenders provide individuals with the option of borrowing money in order to afford … Read More

How to Get a Mortgage When You’re Self-Employed

EditorAgricultural Mortgages, Commercial Mortgages, Credit Rating, FamilyLending.ca, Financial Tips, First Time Home Owner, General Interest, Mortgage Down Payment, Mortgage News, Mortgage Types, Real Estate Advice, Residential Mortgages

More and more Canadians are leaving the head office for a home office, quitting corporate jobs in order to start their own companies. In fact, statistics show that nearly 20% of all income earners in Canada are now self-employed. Which is fantastic… until you need to apply for an affordable mortgage rate. Securing a mortgage when you own your own … Read More

How Much Does Mortgage Insurance Cost?

EditorAbout Mortgage Brokers, Financial Tips, First Time Home Owner, General Interest, Home Insurance, Household Budget, Housing Costs, Life Insurance, Mortgage Down Payment, Mortgage Insurance, Real Estate Advice, Residential Mortgages

As a first-time homebuyer, chances are you’ve never heard of mortgage default insurance. More often than not, it isn’t until you’re sitting across from your lender that you learn about this expensive requirement. You see, in order to qualify for certain types of mortgage products in Canada you are required to be “insured”. While most insurance products are designed to … Read More