Are you looking for a mortgage but bad credit has you down and out? There’s still a possibility that you can be approved for a mortgage and purchase that home you’ve been looking at. This can happen through private or “B Lender” mortgages. In this blog post, I’ll be sharing about private and “B Lender” mortgages and how even if …
How Do Mortgage Brokers Fit You With A Lender?
People often ask me, “Why should I use a mortgage broker instead of my bank?” It’s a question that I understand why I’m asked because sometimes people don’t realize what a mortgage broker does differently than a bank. Many people were brought up being taught that they just travelled to their local branch for anything related to finances. But, times …
Separation, Divorce And Your Mortgage
Separation and divorce can impact a family on many levels. It’s most likely something you weren’t expecting when purchasing a house, but a divorce will also impact you and your family financially. While it can be a stressful and messy process for all concerned, I want to take the time to write about how a divorce or separation will impact …
Missing A Mortgage Payment
There will be times in our lives when unexpected things happen and we find ourselves having trouble coping financially. The fear could be made greater when you calculate your bills and how much money you’re bringing in. Things like a job loss, an unexpected illness, a death of a loved one, a divorce or a separation can all make this …
Building Your Credit Score
As you go through the process of buying a home, you will be hearing a lot about credit scores. If your credit score is something you’ve never really paid much attention to, you’re going to have to change that! In this blog post, I’ll be focusing on what most banks want to see for credit when you’re applying for a …
Have You Considered An Alternative Mortgage?
As the world continues to change and evolve, so do mortgage rules. As a result of these changes, fewer people are qualifying for mortgages offered through traditional lenders such as the big banks. This is due to many factors, including the stress test. Thankfully, big banks aren’t the only option available when it comes to getting a mortgage loan. In …
5 Things to Consider When Choosing Your Mortgage Broker
Choosing the right mortgage broker is a huge decision during the home buying process. There are several big-ticket items that people should consider when deciding on who to use as their mortgage broker. In this article, I’ll share 5 things to consider and share where I place on all of these as well. 1. Education and experience. When you …