What is HELOC?

Zoltan PadarUncategorized

In its simplest form, a HELOC works somewhat like a credit card. You can borrow money up to a certain credit limit set by your lender and then pay back the borrowed amounts along with … Read More

Mortgage qualifying

Zoltan PadarUncategorized

Do you know whether you qualify for a mortgage and, if you do, do you know how much you can afford? Before you can even begin to think about buying a home, you should answer … Read More

Waive mortgage conditions? Not so fast!

Zoltan PadarUncategorized

recaalberta / 2 hours ago Real estate professionals often ask why mortgage professionals seem reluctant to provide them with a letter confirming that their clients’ financing conditions have been met and they can waive conditions. They are … Read More

CMHC new rules on mortgages

Zoltan PadarUncategorized

National Post has run this just the other day, by Garry Marr. Important to see all angle the Canadian Market. Canada Mortgage and Housing Corp., the crown corporation that is the largest mortgage default insurer … Read More