How to Port Your Mortgage When You Move
Table of Contents1 Factors to Consider Before Porting Your Mortgage2 What Does It Mean to Port a Mortgage?2.1 Pros2.2 Cons2.3 How the Process Works3 Challenges Posed When Porting a Mortgage3.1 Your Lender or Deal Won’t Allow It3.2 Your New Property Doesn’t Qualify3.3 Your New Home is a Different Price4 Example of Mortgage Porting5 Should I […]
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What Not to Do Between Mortgage Approval and Mortgage Funding
Table of Contents1 Avoid These Mistakes to Keep Your Mortgage Approval In Good Standing2 What Happens After Your Mortgage is Approved?3 Why You Should Be Cautious After Your Mortgage Is Approved4 Things to Avoid Until Your Receive Your Mortgage Funds4.1 Applying For New Credit4.2 Missing Credit Payments4.3 Making Large Purchases4.4 Leaving or Changing Your Job4.5 […]
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The Benefits of Working with a Mortgage Broker as Opposed to a Bank
A Mortgage Broker Offers Help That No One Else Can – Here’s How So, you’re ready to buy a new home, and you are trying to decide between working with a mortgage broker and heading straight to the bank. Both of these options provide different benefits, but only a mortgage broker will dedicate their efforts […]
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Choosing the Right Mortgage Payment Frequency
Table of Contents1 Should I Accelerate My Mortgage Payments?1.1 Mortgage Payment Options1.2 Benefits of Accelerated Payments1.3 How to Determine Which Option is Best For You1.4 Additional Tips For Paying Down Your Mortgage Faster Should I Accelerate My Mortgage Payments? Most potential homeowners look for ways to get the lowest mortgage rates possible. However, the length […]
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