Private mortgage lenders fill the gap when banks and home owners needs do not match. In life there are ups and downs but for bank profits they only want to look at the ups. This is where private mortgage lenders come into play. They will consider financing solely based on your homes equity not income or credit.
Income taxes are due April 30th at midnight for most Canadians,
but what if you missed it or skipped it?
Tax Time 2015 This answer varies depending on whether or not you owe taxes.
You can still file them after the deadline but penalties may apply. As well you can mail or Netfile taxes returns usually up to September 30th.
Rate Shopper “What is the lowest home equity loan rate you have” is a question I get every day. As rate shopper looking for a BC Home Equity Loans (this does not apply to Home Equity LOC’s to 65% LTV at a bank or financial institution) you are dealing with a product that means for one reason or another you do not qualify under conventional mortgage criteria. Although rate should play a part in every transaction your Mortgage Brokers knowledge in lenders & negotiating terms and conditions is going to be the major factor in determining costs associated with arranging the financing now and possible costs in the future.
The foreign real estate investing is not a new concept in the Canadian real estate market. For many years now China has been one of the leaders in the Vancouver Real Estate market but there are two emerging competitors due to the financial uncertainty in Russia & Greece. Article MortgageBrokerNews.ca
How to you stop the cycle of bad credit mortgages? When refinancing a mortgage or taking out home equity with bad credit you have very few options. I have many private mortgage lenders that are happy to offer financing at an increased rate of interest if you are suffering from bad credit.
In a CIBC pole Canadians were asked, what is the top financial priority for 2015. This year like the past four years it is to pay down consumer debt. The focus for most mortgage brokers is educating clients on how to pay down or consolidate debts.
Learn What Value of Your & Your Neighbors Home Is Assessed At! The 2015 BC Assessments online is available. Simply enter your address into the field […]
Albert Einstein said, “The greatest mathematical discovery of all time” is compound interest. This is mostly due to the principal can be applied to everyone’s everyday life.
The concept of compound interest is very simple; interest is added back to the principal sum so that interest is earned on that added interest during the next compounding period.
Please enjoy these Secret Santa Gift Ideas under $25 dollars I have made up for you to share with your friends and family. Make the holidays more enjoyable by shopping online.
If you are a home owner in BC with a mortgage, credit card debt, store cards, interest free deals that are expiring soon, personal (LOC) lines of credit, car loans or personal loans you could uses this how to techniques to better your cash flow and help improve your credit score. If you are a home owner with only a mortgage and low debts these debt consolidation techniques probably do not apply to you.
