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7 Jul, 2021 no credit check loans

Getting approved for loans in Canada with no credit check sounds a bit far-fetched. That is until you google it and find out how easy it really is!

Maybe you are in need of some quick cash due to some unexpected expense. It could be a medical emergency, a vital appliance repair, or the family car that finally broke down. Or perhaps you’re just a bit short on cash and trying to stay on top of your bills to avoid paying a hefty fine.

12 May, 2021 calculating mortgage renewal rates

Despite the ongoing pandemic, the vaccination progress and overall stable medical statistics have created optimism regarding Canada’s economy. And the real estate market is not the exception! More so when talking about mortgage renewal rates.

So, how does this affect Canadian homeowners about to renew their mortgage agreement with a federally regulated financial institution?

28 Apr, 2021 paying a consumer proposal with a mortgage

Usually, when people file a consumer proposal, it is to assist them with debt consolidation by restructuring it all into one manageable payment. Once they’ve done this, homeowners usually see significant cash flow relief but still have this monthly bill looming over them.

If you are living in British Columbia and are looking for debt load relief by paying out your consumer proposal early, then keep reading!

28 Apr, 2021 strata property in bc

The purpose of a depreciation report is to give a standard to follow to all strata and strata companies in BC. This helps condo purchasers and mortgage lenders have a clearer view of the building’s health and the common property associated with it.

In this article, we’ll discuss whether or not depreciation reports are mandatory in British Columbia for purchasing a strata property.

5 Mar, 2020 how to get approved for a home loan

If you’re wondering how to get pre-approved for a home loan, you’re in luck, because it’s a pretty simple process. On the other hand, determining what type of home loan you are trying to get approved for takes some expertise. First, we must first figure out what type of lender will you qualify under. Most applications for a home loan start with a bank or credit union, but what if your application doesn’t fit under these strict guidelines?

One of my favorite challenges being a mortgage broker is to work alongside a client who has already been told no. Either by their banks or another mortgage specialist. A file that comes to mind is a client that resides in Surrey who was informed by his primary bank that because he was 7 months out of a Consumer Proposal, they would not be able to support him with any type of mortgage products.

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