5 Tips to Get a FAST Private Mortgage Approval
5 Tips for Toronto/GTA mortgage agents to get a fast private mortgage approval for their clients. How to get a commitment without an appraisal. Mortgage Agent Training Series.
1 in 5 at High Risk of Mortgage Default
Two RBC Capital Market analysts report Canadian mortgages are at risk of mortgage default. As the COVID-19 pandemic continues to exert financial pressure, homeowners tap into their home equity to help weather the storm.
Mortgage Deferral Coming To An End? Now What?
Since the beginning of the COVID-19 pandemic lock-down in March, 2020, about 760,000 Canadian homeowners have taken advantage of the mortgage deferral options. As we rapidly approach the end of the payment deferral period, what now? Homeowners are scrambling for answers.
Second Mortgage Rates: How Your Rate Is Determined
When shopping for a second mortgage, the most frequently asked question from Ontario homeowners is, “what is the best mortgage rate I can get?” This article will demystify the decision-making process of private lending.
COVID-19 Impacts Borrowing Limits on Private & Second Mortgages
Once upon a time, homeowners could easily borrow up to 85% of the value of their home. Although not quite as easy anymore, here's what you need to know to get a private or second mortgage.