Apply Now
Calculators
The Importance of Income Verified Mortgage Pre-approval featured image

The Importance of Income Verified Mortgage Pre-approval

Did you know that getting an income verified mortgage pre-approval prior to shopping for a home helps a potential home buyer in two very important ways? Firstly, a mortgage pre-approval helps potential home buyers streamline their search by providing a realistic price range and budget to work within. Secondly, a pre-approved mortgage can give a…

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…