Mortgage Archives - Page 5 of 6 -

Common Types of Mortgages

There are many type’s of mortgages available in the Canada’s Lending Market, which makes being a home buyer an overwhelming process.

That is why using a Mortgage Agent is always advised as we will take the time to explain your options and help find you the right mortgage product for your current and future needs.

We have made a list that will hopefully help you understand what is right for you. This list comprises some of the most common types of mortgages available in Halton, Kitchener, Waterloo, Cambridge, Guelph and surrounding area’s. (more…)

By Meghan Van Houten, 7 yearsApril 2, 2018 ago

First-Time Buyer

Using the Home Buyer’s Plan

The Home Buyer’s Plan (HBP) is a government offered program that allows prospective home buyer’s to utilize their RRSP contributions to assist in the purchase of a home (to be used for the down payment and/or the closing costs of your home purchase).

To utilize this program you must meet the eligibility criteria. (more…)

By Meghan Van Houten, 7 yearsMarch 21, 2018 ago

Equity Take-Out

Tips for Credit

Most adults have several different types of debt; Credit card, car loan, line of credit, and the biggest one, your mortgage. There is nothing wrong with this, but we have to be careful to use these credit lines properly, to know what the product is, and whether you are getting the best product for your needs.

(more…)

By Meghan Van Houten, 7 yearsFebruary 18, 2018 ago

Equity Take-Out

What to Avoid when Applying for a Mortgage

The following is a list of items you want to avoid doing when you are starting the process of applying for a mortgage.

1. Don’t apply for any new credit; Applying for credit will lower your credit score. You will lose a few points off of your rate and will also potentially change your borrowing ratios.

(more…)

By Meghan Van Houten, 8 yearsApril 5, 2017 ago

Mortgage

Equity Take-Out

Common Types of Mortgages

First-Time Buyer

Using the Home Buyer’s Plan

Equity Take-Out

Tips for Credit

Equity Take-Out

What to Avoid when Applying for a Mortgage

Equity Take-Out

Debt Consolidation

First-Time Buyer

First Time Home Buyer Grants