Not sure which mortgage is right for you?
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.
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.
In this blog, we will explore early mortgage renewal, provide practical mortgage renewal tips, and delve into understanding mortgage renewal rates in British Columbia. Our goal is to equip you with knowledge and tools to confidently navigate your mortgage renewal journey.
Over the past decade, the landscape of residential mortgage credit in British Columbia has experienced remarkable expansion. The consistent and robust growth in this sector is attributable to various factors, including increased demand for housing spurred by favourable demographics, urbanization trends, and historically low-interest rates.
Within this evolving landscape, an interesting development is the rise of Mortgage Investment Corporations (MICs). These unique entities have emerged as potent players in the lending ecosystem, offering attractive alternative lending sources for investors and borrowers alike.
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!
Grasping the ins and outs of real estate is a complex process, more so when understanding what goes into property taxes for homeowners, investors and potential home buyers. In cities like Vancouver, where the real estate market is vibrant and ever-changing, this becomes even more critical.
Vancouver is known for its high property values, which directly influence the amount of property tax payable. The city’s property tax revenue is a significant source of income used to fund various public services and infrastructure that contribute to the city’s livability.
In law, inter alia is a Latin term used in legal proceedings, which means “among other things.” In the financial world, an inter alia is a mortgage secured by more than one property. A single mortgage document is executed and registered against each property that is used as security.
Becoming a first-time home buyer is a truly exhilarating experience regardless of your age or how long you’ve waited to get here. It’s an important milestone that needs to be celebrated properly! However, if you’re about to buy a home in BC and have started prospecting the market, you’ve probably seen how ruthless the housing market can be
Buying a property in BC? Here’s everything you need to know about property taxes and reporting capital gains.
Not many people know that Canada basically has three types of governments: federal, territorial and provincial, and local. Each Province has its own municipality, and each of them, in return, determines where revenue comes from.
