What You Need to Know About Construction Financing
Table of Contents1 We Walk You Through the Financing Process for a Home Construction Project1.1 Types of Lender1.2 Loan to Value (Percentage of The Value of the Home Being Financed)1.3 Interest Rates, Fees and Payment Structures1.4 Construction Draws1.5 What Happens Once Construction Is Complete?1.6 Final Thoughts We Walk You Through the Financing Process for a […]
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7 Mortgage Mistakes You Should Avoid
Table of Contents1 Common Mistakes Homebuyers Make When Applying for Mortgages and What to Look for In Your First Mortgage1.1 Not Checking Your Credit Score1.2 Not Saving Enough for a Down Payment1.3 Not Budgeting for All the Costs of Home Ownership1.4 Not Shopping Around1.5 Not Locking Down a Mortgage Rate1.6 Not Knowing if You Actually […]
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How to Get A Mortgage When You’re Self-Employed
Table of Contents1 Working With a Broker Can Help You Get a Mortgage With Rates that Work For You1.1 Why Net Income Matters to Lenders1.2 Common Challenges Self-Employed Buyers Face1.3 Improving Your Chances1.4 Alternative Options Working With a Broker Can Help You Get a Mortgage With Rates that Work For You Increasingly, Canadians are choosing […]
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Understanding New Federal Mortgage Rules
Why It’s More Important than Ever to Work with an Ottawa Mortgage Broker If you’re finally ready to buy a new home in 2018, take a moment to read this. Newly implemented mortgage rules might affect your decision and ability to buy. But don’t worry! An Ottawa mortgage broker can help you buy a home […]
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