Mortgage Blog
Rent-to-Own Programs
Uals dealing with credit hurdles or struggling to amass a substantial down payment. in canada, rent-to-own programs offer a potential solution, presenti
Rebuilding Credit with a Mortgage
Urable loan terms. other lenders may require you to put down a higher down payment to offset the greater risk you pose to them.having a cosigner or co-b
How Much Deposit Do I Need for a Commercial Mortgage?
Ements. one of those requirements is a large deposit, also known as a down payment. unlike residential mortgages, where the deposit percentage is more s
Mortgage Document Checklist: What you need before applying for a mortgage
the best lenders, terms, and mortgage products for your pre-approval.down payment1) savings and investments statement for the past 90 daysif you have a
Hidden Policies in Your Mortgage Agreement
King for more financial flexibility.mortgage insurance: if you make a down payment of less than 20% of the property's value, you will typically be
How Does Converting Residential Property to Commercial Affect Your Mortgage?
E, requiring a commercial mortgage with higher interest rates, larger down payments, and stricter qualification requirements.financial planning: analyzi
What is a Home Buyer's Plan?
Ds from their registered retirement savings plans (rrsps) to use as a down payment on a first home. here are a few things you need to understand about t
How to Properly Read a Property Appraisal
Rtgage amount, you might need to make up the difference with a larger down payment to secure the mortgage you're seeking.furthermore, if the apprai
The Pros and Cons of Buying a Newly Constructed Home
N for you.your financing plan can also vary based on the size of your down payment. for homes over $1 million in value, you are required to put down a p
The Biggest Challenges of Getting a Mortgage
Role in your mortgage approval.stringent qualification criteria & down payment requirementsin canada, obtaining a mortgage requires navigating throu
Tips for First-Time Home Buyers
of approval are your income, your credit score, and the size of your down payment. strong, steady income indicates to your lender that you have enough
Condo vs. House: Investment Opportunities
a much higher asking price, and therefore will require a much larger down payment. with the exception of some private mortgage lenders, in canada, typi
