Buying a house is quite a challenging task. And we are talking not about finding a peaceful place to live with good neighbors, and not even about the huge sum of money that you need to spend. We’re talking about the fact that not everybody can afford it in one payment, taking a mortgage. To… Continue reading Pre Qualification vs Pre Approval: Get Prepared for Your Mortgage

One day you get up and understand that you can not live like that anymore. You are fed up with this office work, polluted city air, and constant traffic jams. You don’t want to get away to the middle of nowhere, and you don’t have money to establish your own manor out of pocket. That’s… Continue reading How Hard is it to Get a Farm Mortgage Ontario

Sometimes you just can’t get what you want. Despite pushing every aspect of your financial health to the absolute limit, you still don’t qualify to get a mortgage. That’s when you understand that you can’t do it alone — and that’s when the guarantor mortgage can save you out.  What’s the very first feeling you… Continue reading Guarantor Mortgage in Canada: Do You Really Need it?

In what cases should you try cash out refinance Canada? A wise change of one mortgage to another can help a borrower pull out a certain amount of cash to cover the costs of expensive purchases. Overall, many of Canada’s indicators of well-being are very high compared to most other countries included in the Better… Continue reading Cash Out Refinance Canada – a Tool to Get Emergency Cash

What happens if you miss a mortgage payment? Long story short — you can. A missed mortgage payment can really screw your credit score or even create rolling late, but we will talk about it later. No matter the reasons why you have problems with your mortgage payments it is really crucial to think ahead… Continue reading What Happens if You Miss a Mortgage Payment?

Collecting documents such as letter of employment for mortgage is the most thrilling, satisfying, pleasant, and delightful part of getting a mortgage. Said no one ever, we know. Here’s how to do it easily — and never forget a single paper.  To get approved for a mortgage, you need a whole bunch of documents. Your… Continue reading Letter of employment for mortgage — and other documents you need

So your house is almost ready and you’re about to move in? Wait a bit, there’s one more step — you need to make sure that everything is fine. And that’s how you do it on pre delivery inspection.  PDI — or Pre-Delivery Inspection — is your last line of defense in a potential battle… Continue reading Pre Delivery Inspection 101 — PDI Guide

Home builder mortgage is a real alternative to buying a home from someone who made it perfect to their, not YOUR taste. Here are all the stages of the process and pitfalls you may face — and of course, the way to avoid them.  We all want something different. If you are looking for a… Continue reading Home Builder Mortgage — a Real Alternative Guide

The Government of Canada has developed a special assistance program for Canadians who are struggling with problems related to a home purchase – rent to own homes. For many Canadians, buying a personal residence is a lifelong dream. When circumstances are favorable and the thought arises in your mind that now is the perfect time… Continue reading Rent to own homes – the secret way to buy a house in Canada