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Remediated Grow-Op Houses featured image

Remediated Grow-Op Houses

Can an individual purchase a grow-op home and have it financed? The home has been re-mediated, but does need some work. In some cases as long as the Lender feels there has been a completely re-mediated and it is not on the Insures (Black list) then financing is available. 

Advantages of Mortgage Default Insurance featured image

Advantages of Mortgage Default Insurance

Acquiring mortgage default insurance protection is definitely vital whenever you acquire a house as well as obtain more than 80% of the home’s worth. This kind of mortgage insurance coverage will ensure your home mortgage to be rapidly approved. It needs to not be mistaken with life or disability insurance coverage associated to your mortgage…

Should I Wait For My Mortgage To Mature Before Obtaining a Renewal? featured image

Should I Wait For My Mortgage To Mature Before Obtaining a Renewal?

No, have FamilyLending.ca begin shopping around for an interest rate at least 90 days before your mortgage matures. Lenders will often guarantee an interest rate to you as much as 120 days before your mortgage matures. Most lenders will cover or offset a majority of the costs of transferring your mortgage. This means a rate…

What is a Canadian Mortgage Broker? featured image

What is a Canadian Mortgage Broker?

Why use a mortgage broker? The answer is simple: a Canadian Mortgage Broker is a professional trained to represent you, the borrower, in obtaining financing from the best possible lending source. Let a professional mortgage broker crunch some numbers on their mortgage calculator and provide you with an unbeatable offer. Mortgage broker definition A mortgage…

Your Mortgage Renewal featured image

Your Mortgage Renewal

Did you know that more than 70% of Canadians sign back their mortgage renewal without searching for a more budget-friendly rate (source CAAMP)? This suggests that numerous house owners are paying more interest than needed just due to the fact that they didn’t take the time to review online mortgage options. Do not just blindly…