Mortgage Blog
Fastest ways to save for a down payment
, then one of the first steps is to gather the funds required for the down payment. in canada, the amount of this down payment varies depending on the p
How to consolidate your debt with bad credit?
Er who has bought a house for $500,000 many years ago with an initial down payment of $100,000. since the purchase of the property, the homeowner made a
What is mortgage insurance?
default insurance (also known as “mortgage insurance”) facilitates a down payment on the part of the borrower, but is ultimately designed to protect th
Can You Qualify for a Mortgage After a Bankruptcy or Consumer Proposal?
are newly discharged from your bankruptcy and have at least 20% as a down payment, you might be able to qualify for a mortgage from a b-lender on a hom
How Mortgage Brokers Get the Best Mortgage Rates
, appraisal costs, taxes on land transfers, mortgage insurance, and a down payment. after successfully investing in a home, there are many expenses a ne
Bank of Canada Reduces Mortgage Stress Test Rate – Makes it Easier to Qualify for a Mortgage
Ver mortgage explains,“a borrower with an income of $50,000 and a 20% down payment can afford a home worth $4,000 or 1.4% more, assuming a 30 year amort
What is a Mortgage and How do I Qualify?
O about obtaining them…if you purchase a house for $500,000 and put a down payment of $50,000, you are financing the rest of the $450,000 balance using
How do I Transition From a Subprime Borrower to a Prime Borrower?
these factors include the borrower’s credit score, the size of their down payment, the total number of late payments on their credit score, as well as
