How to Prepare and Save for Your Down Payment on a House
Table of Contents1 Let Good Planning Lead You To Your Dream Home2 Understanding Down Payments And Mortgages2.1 Agree to the terms and conditions of the mortgage, including the designated interest rate.2.2 Specify the amount of time you will pay back the money2.3 Make monthly payments consisting of principal, interest and taxes2.4 Understand mortgages are secured […]
Read moreEverything You Need to Know About Purchase Plus Improvements Mortgages
Table of Contents1 This Renovation-Friendly Mortgage Might Be Right For You – Learn More2 What is a Purchase Plus Improvements Mortgage?2.1 How Does It Work?2.2 What Work Can Be Included?3 Additional Considerations3.1 Timing of Funds Being Released3.2 Quotes3.3 Appraisal4 Conclusion This Renovation-Friendly Mortgage Might Be Right For You – Learn More The housing market might […]
Read moreStart Your New Mortgage Term Off The Right Way
Table of Contents1 Tips For Renewing Your Mortgage2 What Happens At The End of Your Mortgage Term2.1 Renew Your Mortgage2.2 Mortgage Refinancing2.3 Can Your Existing Lender Decide Not To Renew Your Mortgage?3 Tips For Getting The Best Deal When You Renew Your Mortgage3.1 Don’t Immediately Renew!3.2 Consider Your Current and Future Financial Goals3.3 Shop Around3.4 […]
Read moreEverything You Need to Know About Reverse Mortgages
Table of Contents1 How Canadians Over 55 Could Benefit From a Reverse Mortgage2 What is a Reverse Mortgage?3 How Does it Differ From a Home Equity Loan or Home Equity Line of Credit?4 Reverse Mortgage Eligibility5 Benefits of a Reverse Mortgage5.1 You Can Turn Home Equity into Cash5.2 You Won’t Need to Make Mortgage Payments5.3 […]
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