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For homeowners in Canada, the decision to relocate often comes with the additional consideration of how to best manage their mortgage debt. The options are either to port the existing mortgage to the new property or break the current mortgage... View Article
Mortgage brokers act as intermediaries in the real estate financing industry. Borrowers search for financing opportunities, whereas lenders look for investment opportunities in an applicable mortgage. Successful brokers balance the competing interests of the two groups: Borrowers want access to... View Article
With the real estate market evolving, investors are searching for more ways to grow capital. Syndicated mortgages have emerged as a way to invest in large development projects without buying a property and provide high returns with real estate security.... View Article
If you’re looking to invest in a Mortgage Investment Corporation (MIC), you’ll need to know the comparison to mortgage brokers and private lenders. It’s important to have a clear idea of the benefits that each of these offers to both... View Article
Whether you’re looking at a traditional or private product, the dangers of unlicensed mortgage brokers can spell big trouble for borrowers. Choose the wrong one, and you can face legal issues, hidden terms, and higher fees. Understanding how to protect... View Article
Remortgaging a property can result in lower monthly payments and lowered interest rates. However, the process can be trickier than advertised. In the middle of the investment process, some borrowers can find themselves completely vulnerable when lenders don’t discuss the... View Article
People with less-than-ideal credit and private loans should consider a different renewal process from the traditional products offered by banks. Understanding the differences and the options available to these borrowers about bad credit is important. Understanding what they can do... View Article
Only traditional mortgage lenders use the Total Debt Service (TDS) ratio to determine whether a loan application should be accepted. The ratio measures the potential borrower’s ability to manage their debt, and lenders use it to decide on creditworthiness. If... View Article
As digital mortgage services reshape borrowing and lending in Canada, understanding their impact is crucial. This article explores how digital mortgages streamline processes, innovate technology, and present new challenges and opportunities in the mortgage market. Learn more.
