Struggling to get a mortgage? No more!
In mortgage, private mortgages by Zoltan PadarApril 24, 2024 MIP Mortgage and Investment Professionals Inc. Are you in the market for a mortgage but finding it difficult to qualify with conventional lenders? If so, you might want to consider a bundle mortgage, particularly one offered by MIP Bundle mortgages, also known as piggyback mortgages, combine a first and second […]
Switching your mortgage: Is it right for you?
When your mortgage term comes to an end, you may be faced with the question: should I stay with my current lender, or should I explore other options? This decision is often referred to as a “switch,” and understanding what it entails can help you make the best choice for your financial future. What is […]
Bank said no, Go Private!
Private lenders are individuals or non-institutional groups that offer loans or financial assistance to individuals, businesses, or organizations. They operate outside the traditional banking system, providing an alternative to borrowing from banks or credit unions. Here are some key aspects about private lenders: When considering borrowing from private lenders, it’s essential to thoroughly understand the […]
Private Mortgage Lenders in Canada Part 2
Reasons for Using a Private Lender While using a private mortgage can be a bit scarier than using a traditional lender like a bank or credit union, there can be reasons you are advancing to alternative lenders territory, like private lenders. Here are a few reasons why you may choose to or can only get […]
Private Mortgage Lenders in Canada Part 1
Mortgage knowledge is priceless! Are you looking for a mortgage but have issues qualifying with a traditional lender? Are you just looking for an alternative lender to the banks? That is what private mortgage lenders, also known as non-bank lenders, are for. They provide an alternative to the banks to help you get into a […]
Equity loans to renovate, sell for more!
Nice, clean, trendy renovated homes sell for top dollar! The longer days and warmer temperatures of spring herald an awakening not only in nature but typically also in the country’s housing market. With housing inventory being tighter than normal, a newly listed property is sure to generate some interest. But there are some simple tips […]
Second mortgages to pay out bankruptcy or consumer proposal!
Fixing Your credit should be a priority! For some of us, pandemic related loss of income, or health matter was the tipping point to bankruptcy. While a bankruptcy or consumer proposal may have released you from some debt obligations, if that income is not readily replaced, or health has not yet improved, you find yourself […]
Advantages of refinancing your mortgage are plenty!
Should I Refinance My Mortgage? I think we can safely say that 2020 has been a strange year. A year of lockdowns due to a pandemic, financial support from the government, and the lowest interest rates in recent history. This has led to a rise in the number of homeowners who are considering refinancing their […]