Bridge Financing

familylendingMortgage News, Mortgage Talk Canada

Bridge the gap between one mortgage and the next. What happens if you find your perfect home the day after you put your current home on the market? Like many people, you probably get excited. Don’t worry! There is an answer– bridge financing. What is Bridge Financing? Bridge financing is short term financing that’s based on the equity you have … Read More

Construction Mortgages

familylendingMortgage News, Mortgage Talk Canada

Considering building a new home? Here is what you will need to understand. Building a home is complex; your low mortgage rate shouldn’t be. Let’s take a look at three different ways to finance your newly constructed home in Canada: Builder/Contractor built a home with your money: Customer has made an agreement with a registered builder to construct their home. … Read More

Hot Real Estate Market: Tips For Buyers

familylendingMortgage News, Mortgage Talk Canada

Don’t get burned by a hot market Know Your Budget It’s a risk for any buyer to get in over their head with too high of a best mortgage rate investment. Remember to consider all costs related to buying a home and owning a home. You will need to make the mortgage payments, pay the utilities, do household repairs, etc. … Read More

How Accelerated Payments Can Fast Track Your Financial Freedom

familylendingMortgage News, Mortgage Talk Canada

Fast track your mortgage with these easy tips. There are options available to help you enjoy a mortgage-free lifestyle sooner rather than later. Let’s look at the Different Types of Mortgage Repayment Options Monthly Mortgage Payments The traditional mortgage payment; where the payments are made monthly on the same day each month. Bi-Weekly Mortgage Payments You make payments every second … Read More