Whether you’re new to Canada, a permanent resident or a foreign investor, you’ve probably heard of mortgage insurance. The biggest misconception about mortgage insurance is that it benefits the borrower. When in reality, it is used to protect the lender against the risk of the borrower defaulting on their mortgage. … Read More
What You Need to Know to Boost Your Credit Score
With the ever-changing mortgage requirements and rising interest rates, it has never been more important to ensure your credit is in tiptop shape before you head out home and mortgage shopping. Fewer people are fitting into the traditional banks’ financing boxes as easily as they may have just a year … Read More
Your Credit Score – Why it is so Important for Your Mortgage Approval
The job of a Mortgage Professional is to provide our customers with unbiased mortgage options and professional financial advice. Knowledge of the lender guideline and and providing the best available interest rates is a very important part of our job. Giving professional financial advice on how to build and maintain … Read More