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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
Canadian banks are regulated by bodies like the Office of the Superintendent of Financial Institutions (OSFI) and the Financial Consumer Agency of Canada (FCAC), and the Bank of Canada also
The Canadian real estate market is eroding after the Trump Administration’s new 25% tariff laws imposed on Canada. Canadians are already seeing skyrocketing mortgage rates following the increased costs in
If you inherit a house with a mortgage, you need to be fully aware of the different options and responsibilities involved. Of course, inheriting and taking on another mortgage will
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
Whether you’re buying or selling, the value of a property in Ontario is a key indicator. Private lenders base their streamlined applications on the property’s equity, including the appraised market
A mortgage renewal is the most critical time to avoid pitfalls and mistakes. Due diligence is in order here, and borrowers must shop around, get honest, straightforward information, and watch
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
If you’re applying for a private mortgage, it’s essential to understand the differences between a co-signer and a guarantor and which one is right for you. Both can boost your