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  • Home
  • Who We Are
    • About Us
    • Our Team
    • Latest News
    • Referral Program
  • Action Centre
    • About Mortgage Brokers
      • Why Use A Mortgage Broker?
      • When to Contact Us
      • Know What To Ask
      • Your Mortgage Team
    • Things to know
      • First Time Home Buyers
      • Mortgage Qualification Criteria
      • Common Mistakes
      • Writing A Purchase Offer
      • Building A New Home
      • What Is Credit?
  • Services
    • Mortgage Types
      • Progress Draw Mortgage
      • Revenue Property Mortgage
      • Variable Rate Mortgage
      • Fixed Rate Mortgage
    • Financial Services
      • Home Equity Line Of Credit (HELOC)
      • Purchase Plus Improvements Mortgage
    • Mortgage Steps
      • Mortgages For New Canadians
      • Mortgage Pre Approval
  • Contact Us
  • Rates
  • Mortgage Calculator
  • Apply Online

Tag Archives: defining mortgage terms

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  2. Entries tagged with "defining mortgage terms"

Mortgage Refinancing

What Is The Difference Between A Conventional Mortgage And A High Ratio Mortgage?

FAQ's, Mortgage Mumbo Jumbo, Staff PicksBy Bob ReaderNovember 10, 2020

Learn the difference between a conventional mortgage versus a high ratio mortgage, and how mortgage default insurance comes into play.

percentage holding a bag of money

Principal On Loan

What’s That?By Bob ReaderAugust 26, 2014

Any time you borrow money, there are two components to the transaction. There’s principal, and there’s interest. In this post, we define “principal”.

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