Mortgages for Self Employed Canada: The Guide

Mortgages for self employed Canadians are rare as “special” programs, but you still can apply for a traditional mortgage from a bank. It’s not an easy process, but you can significantly increase your chances with some tricks. Here’s how to do it. What is Self-Employment First — the legal ground, just to be sure. Self-employment… Continue reading Mortgages for Self Employed Canada: The Guide

Published
Categorized as Mortgage

CIBC Mortgage Discharge Fee

Imagine that you finally got a mortgage, but suddenly found better conditions with lower mortgage terms and a longer amortization period. So, it doesn’t really matter what you decide to do, transfer your mortgage to another lender or refinance it with better conditions, there is a cibc mortgage discharge fee as well as other prepayment… Continue reading CIBC Mortgage Discharge Fee

Published
Categorized as Mortgage

Interest-Only Mortgage Explained

In this article, we will talk about such an option as an interest-only mortgage. The real estate market in Canada offers hundreds of thousands of options – from small studio apartments to luxurious three-story mansions. Accordingly, the offers of banks are also diverse and you can choose the best option suitable for your life and… Continue reading Interest-Only Mortgage Explained

Published
Categorized as Mortgage