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Can You Be Disqualified from Obtaining a Mortgage?

In the mortgage process, it is important to understand that lenders are looking for specific conditions a borrower should meet. If unable to meet this criterion, an Ontario borrower may be turned down by the banks and big lenders. Learn more

Should You Borrow for Your Down Payment?

One of the most difficult aspects when it comes to applying for a secured mortgage loan is trying to save for a down payment. It is also hard to know exactly how much is the preferred amount to put down. Learn more

Qualifying for a Mortgage with Bad Credit

Many real estate professionals had anticipated the worst-case scenario when the Covid-19 pandemic hit. Predictions included large-scale numbers of mortgage arrears, notable declines in property values, and a drop in the number of home sales in Ontario and Nationally. Learn more

How To Calculate My Mortgage Payments- Types of Mortgages

It can be a little confusing when contemplating the different types of secured mortgage loans that Ontario lenders can provide. It can also be a little intimidating when determining which lenders may be suitable when seeking a secured mortgage. Learn more

Loan-To-Value Ratio- What is it and How to Calculate it

Lending is based on assessing risk. To mitigate risk, lenders will ensure as best they can that the money will be there to repay the loan. To best access risk, all Ontario lenders will calculate what is called the Loan-To-Value (LTV). Learn more

Debt Consolidation- All Your Questions Answered

Debt consolidation represents taking out a mortgage loan using your property as collateral and utilizing existing equity in your home to merge all debt payments (liabilities) under this one loan to reduce the payments to just one monthly payment. Learn more