Keeping You In The Loop With Collateral Mortgages.
Here is another example of collateral mortgages and the fine print.
Locking In Your Variable Rate To A Fixed Rate
In this post we answer a client’s question about what rate they would get if locking in their variable rate mortgage.
Commitment In The Mortgage Industry
Commitment in the mortgage industry has a lot of meanings, from the point a pre-approval is presented to a lender we receive a mortgage “commitment,” we make a commitment to you as your mortgage broker, and you make a commitment to us as the client.
Property Assessments And Refinancing
Property assessments can have a big impact on your finances if you’ve been thinking about refinancing your mortgage.
Open Versus Closed Mortgages
Fixed versus variable rate might make sense to you, but have you ever heard “open versus closed mortgages?”
Breaking Your Mortgage Early
Most people don’t plan on breaking their mortgage early, but what happens if you end up needing to do this?
Assumable Mortgages
This blog post discusses some of the ins and outs of assumable mortgages. While they occur infrequently, they still do happen and you might have questions.
Think Quick But Don’t Panic – Be Prepared
The market is moving fast, but you shouldn’t panic. When the right home comes along, you should be prepared, and act quick. Here’s some things to consider.
Know Your Terms – Common Mortgage Terminology
Mortgage terminology can be a bit tricky sometimes. Here’s a quick round up of seven common words we use when we work on your file.
Recreational Properties Or Secondary Homes
Dreaming about secondary homes or a recreational properties? There’s a few different rules, but we can help you make sense of them. Check out this post.