Featured Posts

How Can I Get a Mortgage Loan if I’m Self-Employed?

Many Canadians are self-employed. Being self-employed means you get to be your own boss. You can make your own hours, and enjoy a sense of autonomy while also making a decent living. However, the market is precarious. Learn more

How to Negotiate New Terms on Your Mortgage Loan

A big part of paying your mortgage off is knowing how to negotiate new terms when the time comes. The mortgage term and amortization period work together to affect your interest rates, overall costs and, what you’ll be paying regularly. Learn more

How to Address Your Short-Term Financial Needs

Having to manage a sudden, short-term expense can be very stressful at the best of times, and demoralizing at the worst times. At Mortgage Broker Store, our brokers can work with you to find eligible lenders in your area who can help address your short-term financing needs, regardless of what they are. Learn more

Variable-Rate Mortgages Payment Increase Implications for Borrowers

As mortgage interest rates in Canada have increased there have been questions about a little know clause called the mortgage trigger rate. Canadian banks generally offer two different types of mortgage, one is a fixed mortgage with a set interest rate and term the other is a variable interest rate mortgage. Learn more

Are Private Lenders Better than Banks?

Are private lenders a better choice when you’re looking to take out a mortgage for a house? Are they better than the banks? The answer depends on several factors like whether you’re looking for a short-term or long-term product. Learn more

What to Do When Your Mortgage Application is Denied

Applying for a mortgage –– or any type of loan for that matter –– can be quite stressful if you don’t know your options. With a mortgage, as well as a mortgage renewal and refinancing, you’re getting loans to help purchase a home to live in, so having your application rejected can be terrifying to most people. This is why you should always prepare for your application to be rejected in advance. Learn more