Mortgage

The Real Cost of your Cash-back Mortgage Option

The Real Cost of your Cash-back Mortgage Option

If you look at the most stressful events in a person’s life, buying a home is on the top ten list. After all, it’s a big decision – both emotionally and financially. Many home buyers... 

Forclosures Have Met Their Match… Reverse Mortgages

Forclosures Have Met Their Match… Reverse Mortgages

Foreclosure filings were reported on 2.3 million U.S. properties in 2008, an increase of 81 percent from 2007 and up 225 percent from 2006, according to the RealtyTrac U.S. Foreclosure Market Report released... 

How to Use a Mortgage to Manage your Debt and Improve your Credit

How to Use a Mortgage to Manage your Debt and Improve your Credit

What if there was such a thing as a magic card that you could carry with you, which had the power to open doors for you all over the world? You show someone your magic card and ‘voila’, you... 

If Mortgage Rates Can Fall Through the “floor” of the Prime Rate…what Else is Under the Floor?

If Mortgage Rates Can Fall Through the “floor” of the Prime Rate…what Else is Under the Floor?

“Lower than prime,” you heard someone say. Like most Canadians, you were probably first skeptical and then confused. We tend to think of the prime lending rate as the invisible “floor”... 

Make a Mortgage Broker Part of your Financial Plan

Make a Mortgage Broker Part of your Financial Plan

For most Canadians, buying a home is the largest financial decision they will make in their lifetime. Yet, consumers across the country are more likely to painstakingly review dozens of investment possibilities... 

Fixed or Variable-rate Mortgage?

Fixed or Variable-rate Mortgage?

“Wow!” you say to your spouse as you hit the brakes on the car. “Did you see the mortgage rate those guys are advertising?” Your worries are over, you’re thinking. Just lock... 

How Denver and Colorado Mortgage Lenders Can Help if You’re Looking for a Denver or Colorado

How Denver and Colorado Mortgage Lenders Can Help if You’re Looking for a Denver or Colorado

If you are in Denver or Colorado and looking for a home loan there are many options for you, thanks to technology. You can look for a loan from anywhere in the country, but that doesn’t mean you should... 

7 Reasons to Use a Mortgage Broker

7 Reasons to Use a Mortgage Broker

For many people, mortgage payments are their single largest expense. Yet, when financing a home, most Canadians don’t comparison shop to ensure they’re getting the best mortgage rate and terms available.... 

Myths, Pros and Cons of Hecm Reverse Mortgages

Myths, Pros and Cons of Hecm Reverse Mortgages

First and foremost; the bank does not, nor do they want to own your home. So why do so many people believe this? Prior to FHA getting involved in 1988, the lenders would take an equity position in their... 

Get Reverse Mortgage From Reputable Lender

Get Reverse Mortgage From Reputable Lender

When your loved one is getting older, he might want to get the reverse mortgage. Reverse mortgage is very helpful for the seniors since they don’t have to make payment each month. Before making decision,...