Housing Types

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From townhouses to triplexes, there are numerous types of properties available to Canadian consumers. Not sure what layout works best for your family? Then check out our explanation of typical housing types below. Your mortgage payments and regular monthly bills may change depending on the kind of house you acquire, therefore it is vital that you carefully weigh the pros … Read More

Renovating Before Selling – Is It Worth It?

familylendingFamilyLending.ca, Financial Tips, General Interest, Property Maintenance, Residential Mortgages

Before putting your property on the real estate market, many home buyers ask whether or not their home would probably gain value from the home renovation. It could, but there will be things you need to take into consideration prior to finishing home renovations.   Expertise vs. Passion It’s simple to get up to date watching home renovation episodes on … Read More

Benefits of Mortgage Default Insurance

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Advantages of Mortgage Default Insurance Obtaining mortgage default insurance coverage is absolutely essential whenever you purchase a house as well as borrow more than 80% of the house’s worth. Mortgage insurance provides several advantages in the home buying process. First, it enables home buyers to get mortgage loan financing for a home using a small downpayment. This can be granted … Read More

Changing First Time Homebuyers Demographics

familylendingFamilyLending.ca, Financial Tips, First Time Home Owner, General Interest, Housing Costs, Property Maintenance, Residential Mortgages

The demographics of first time homebuyers has noticed a considerable change in the past few years. Specifically, more single ladies are able to obtain property by building up their own personal equity and with significantly less focus on holding out to find a life companion. This means that, more single ladies are stepping into homeownership than have been in earlier … Read More

Establishing Credit History

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When you pay your charge card, electricity or even water bills, you’re establishing your credit track record and developing a good credit ranking. Having a good credit score will show banks, loan providers, as well as mortgage businesses that you are financially sensible as well as able to make normal repayments. In the end exactly what this achieves, is it … Read More