Have a low credit score? Unable to secure a conventional mortgage? Then you might be interested in exploring what private lenders for mortgages with bad credit can offer you. In this article, we will discuss the benefits of working with a private lender, how to find one, and how to ensure you get the best offer for your needs.
Private money lending might seem scary, especially if you aren’t familiar with the financial industry. However, this is a very common type of financing with numerous benefits, including flexibility and fast loan approvals. In this article, we’ll discuss private mortgage lending in Canada and show you how the process unfolds.
A mortgage broker can do a lot for self-employed borrowers. They can help them find the right mortgage product, get the best rates, and get approved for a mortgage despite their self-employment.
If you are in the British Columbia market for a mortgage, you might come across a term that you might not understand very well — “mortgage broker.”
If you’re not sure what a mortgage broker does, you’re not alone. Many people aren’t exactly sure what a mortgage broker does, either. After all, you might think that you only need a lender to give you a mortgage. Right? Well, it’s a little more complicated than that. A mortgage broker can actually help you find a lender and get you the best mortgage rates. They can also guide you through the process of applying for a mortgage.
In this post, we’ll look at what mortgage brokers in BC do, what they offer, and how they can help you get the mortgage you want.
Wondering what to do if you have bad credit and are looking to get a home equity loan from a BC lender? We have the best advice for you in this blog, so all you have to do is read on!
A presale mortgage allows you to purchase a home in the construction phase. You’ll likely have to put down a significant amount of money as a down payment, and the terms of the mortgage will likely be higher than what you’d receive if you got the loan after closing. The benefit of this type of mortgage is that it allows you to purchase a home sooner and at a better price than you would have been able to if you didn’t have this type of loan.
If you want to learn more about what a home equity loan is, and whether it’s a good idea to use one for temporary needs, then keep reading! We’ll also discuss how a mortgage broker can help you find the best lender for your situation.
You can make your income tax payments to the CRA — Canada Revenue Agency — in several ways, including online, by mail, or at your local Tax Service office. But did you know that when it comes to paying your taxes or tax debts, a mortgage can help? Read on as we show you how you can use your mortgage to lower your tax bill.
Looking for a way to finance large or unexpected expenses? Home loans based on your property’s equity have recently become increasingly popular. Why? Frankly, the interest rates are often much lower than the rates available for credit cards and can provide access to funds by allowing the applicant to borrow against the equity in their own home.
If you are interested in learning how to get a mortgage for commission-based income in Canada, this article is for you. We’ll discuss all the ins and outs of commission income mortgages below, so that if you’re serious about buying a home in the next few years, you can start planning now.
