When purchasing a property and the borrower needs a mortgage, a down payment is necessary.

Down Payment Amounts and Sources

Down Payment Amounts and Sources When purchasing a property and the borrower needs a mortgage, a down payment is necessary. The down payment is the capital that the investor personally [...]
Mortgage Allies Bridge Loans

Bridge Loans

Bridge Loans So, you have bought your beautiful new home and sold your existing home first, but it closes after your new home. What to do because your down payment is stuck[...]
You can avoid being house poor by following these quick tips!

Who Wants to Be House Poor?

Who Wants to Be House Poor? You can avoid being house poor by following these quick tips! We in Oakville have been blessed with a very strong housing market. It[...]

Happy Holidays from Mortgage Allies

Wishing all our Oakville clients happy holidays and a merry Christmas! May the festive season be filled with great memories. Thank you for being great clients and we wish you[…]

The Mortgage You Don’t Want

The Mortgage You Don’t Want

The Mortgage You Don't Want Average house prices in Oakville are significant. Thus a mortgage is a large expense and should not be treated as a commodity. It deserves the[...]