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Private money lenders in Ontario are regulated under the Mortgage Brokerages, Lenders and Administrators Act (MBLAA) and its associated regulations. The aim of this act is to ensure that private lenders comply with consumer protection measures and disclosure requirements. Learn more
It's an unfortunate fact that private lenders aren't free from those who would scam the public. This post will cover a few red flags that you need to watch out for. Learn more
Selling a condo, cottage, or another type of property quickly means taking advantage of the market cycles. Basically, there are four of them you need to be aware of. Each of these provides insights on the best time to hold on to or buy and sell real estate. Learn more
You might be looking to sell a home fast, even as quickly as in five days. If that's the case, it doesn't matter whether the property is a condo, cottage, or house. You need to have a plan if you're looking to sell any type of property quickly. Learn more
Before you can understand how private lenders break down the fees for the services they provide, it's good to have an overview. These individuals and/or financial companies are also called alternative lenders. They can help you finance or sell quickly. Learn more
A private lender is an excellent alternative for someone who doesn't qualify for a loan through a more traditional Institution. Learn more
Selling your home in Ontario needs to be a carefully thought-out process. Even if you need to sell the property quickly, there are a lot of pieces to the puzzle. Learn more
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
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
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
