1. Types of loans There are generally two types of loans, fixed-rate mortgage and varying-rate mortgage. A fixed-rate mortgage means that you’ll pay a fixed amount every month until the end of your mortgage term. … Read More
Understanding Bundle Mortgages: Pros, Cons, and How They Work with MortgagePRO Ltd.
Professionals Bundle Mortgage combines a first and second mortgage on the same property. Provides a solution that will give you the financing You need with less focus on credit and or issues you have not been able to qualify with conventional lenders.
Mortgage Advice 1
Credit Score No matter where you get a mortgage, you should aim for at least a 680 credit score for at least one borrower (or guarantor), especially if you put less than 20% down. A … Read More
Need a mortgage, need a pro MortgagePRO!
In a world with an abundance of options, it can be hard to know which way to turn to ensure that you make the best decision for your future. Fortunately, that’s where We come in. … Read More
CMHC new rules on mortgages
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
Simple explanation what you need to qualify for a mortgage
You go to the bank to get a mortgage and get one choice; their product in many variations. They quote you a great rate. Professionals know a lot more to a mortgage. Requested financing must be custom fitted to … Read More
We are your best bet to finance a new or refinance an old mortgage and win a vacation
We are connected to hundreds of lenders, not only institutional, but also private lenders as well. We are able to combine bank and private lenders funds to get an approval for a mortgage fits your … Read More