Contact a free mortgage broker or a certified and reliable financial advisor at the first sign of financial problems. These professionals are trained to help you manage your debts and to recover after a personal bankruptcy. Bankruptcy is an event that can have a big impact on your life but remember that it’s possible to…
If you are buying your first home, your mortgage is undoubtedly the largest amount of money you have ever had to borrow. Choose the right strategy. Get your mortgage pre-authorization. Calculate your borrowing capacity and save time by obtaining mortgage pre-approval Whether you are a first-time buyer or an owner on the verge of…
Due to stricter mortgage regulation, more and more homeowners are turning to private financing for their mortgage needs. The new stress test implemented last 1 January 2018 has made it more difficult for hundreds of thousands of Canadians to buy the home they want, according to a report of Mortgage Professionals Canada. See our…
An early mortgage renegotiation is not done in the same way as a mortgage renewal negotiated at maturity. Here are some tips for your mortgage renewal before or at maturity. 12 tips for your mortgage renewal pre-term or at maturity Is your mortgage not yet paid off but the term of your contract…
PAY FOR YOUR HOME FAST Accelerating the repayment of a debt that is accumulating interest is always a good idea. However, you must know how to do it in the most judicious way to prevent risks to your financial future. Some individuals, seeing this significant debt threaten their bank account, decide to do everything…