The Death of the Equity Mortgage

The Death of the Equity Mortgage

The Death of the Equity Mortgage Rewind 5 years. Canadians could get a mortgage for 65% of the value of their home without declaring much actual income. If the borrower [...]
Mortgages for Self-employed People

Mortgages for Self-employed People

Mortgages for Self-employed People Self-employed people are the special kind who want to serve others through the great work that they do. They face risks every day in business and[...]
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[...]
Understanding gifted down payments and how they could affect your mortgage

Gifted Down Payments

The Gifted Down Payments Understanding gifted down payments and how they could affect your mortgage. There are many legitimate forms of down payments for Oakville purchasers. One source of down[...]
The Truth About mortgage Pre-Approvals

The Truth About Pre-Approvals

The Truth About mortgage Pre-Approvals Pre-approvals are probably the most misunderstood area in mortgages today. This is because the big banks have given clients the impression that they have a[...]