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.
Down Payment Required!
This post touches on what exactly is a down payment and the related requirements.
Credit Reports: GDS And TDS (We Swear It’s Not Alphabet Soup!)
CREDIT REPORTS: GDS AND TDS (WE SWEAR IT’S NOT ALPHABET SOUP) What does it mean to be “qualified”? The word “qualified” gets tossed around a lot when people talk about financing, but what exactly does it mean to be qualified in a financial sense, and how do lenders make that determination? The primary calculations that…
Don’t Let This Mortgage Renewal Pass You By
Don’t forget about your mortgage renewal.
Avoid Costly Surprises: Invest In A Real Property Report
Real Property Reports (RPR) can avoid costly surprises by providing a property’s accurate representation before you sign on the dotted line. Find out more.
Payment Frequency
It’s almost always better to pay your mortgage off sooner.
Refinance Your Home
What does ‘refinance’ mean? In this post we talk about how this may make a difference in your financial situation.
What Kind Of Rate Should I Choose?
Let’s talk about the difference between a fixed and a variable rate, and what is the best choice for you.