Currently in Ontario, the private lending industry stands poised for a transformation. As borrowers seek alternative financing avenues, private lending emerges as a solution, with fewer regulations and rules compared to traditional lenders. Learn more
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As of right now, Canada is grappling with a pretty bad housing crisis that has left many individuals and families struggling to find affordable and suitable housing options. This article will look at the factors that have contributed to this crisis, including rising demand, limited supply, and rising housing costs.
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Will Ontario's hot housing market last or will it eventually cool off? This article will examine how Ontario's housing market is impacted by rising interest rates. We'll explore what this could imply for both present and future homeowners. Learn more.
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According to the most recent government survey from 2019, 75% of Canadians live with debt. Of course, there are multiple kinds. The same research reports that 40% of Canadians hold a mortgage. Those numbers are similar whether you live in Scarborough, Etobicoke, Mississauga, Ajax, or Oshawa. Learn more
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This is a three digit number that provides a snapshot of your credit history. The information comes from your credit report and it demonstrates how well you manage credit and what kind of a risk you are if you're looking to borrow money. Learn more
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Buying a home is quite a large financial decision and one that often requires a mortgage. When you apply for a mortgage, you may be required to purchase private mortgage insurance. Learn more
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Securing a private loan can be a prime solution for those unable to obtain traditional loans from banks or other financial institutions, and private loan lenders are capable of offering borrowers a wide range of options with a variety of flexible terms and repayment plans. Learn more
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If you want to take out a mortgage loan but have bad credit, it’s important to consider your possible options. In this article, we’ll look into the potential advantages and drawbacks of taking out a bad credit mortgage loan in Ontario. Learn more.
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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
Read more »Answers to common questions about this Mortgage Broker Store page.
The blog covers private mortgages, second mortgages, power of sale, home equity, bad credit mortgage options, debt consolidation, and practical mortgage education for Ontario homeowners.
No. Blog articles are general education. A mortgage recommendation should be based on the property, income, credit, debts, timeline, and lender options available for the specific file.
Yes. If an article matches your situation, you can contact the team and reference the topic so the discussion starts with the right context.
Use the articles to understand terms, risks, and possible paths, then confirm the numbers and lender requirements before making a decision.
