New to Canada Mortgage Solutions in Ottawa, Ontario
Are you new to Canada and dreaming of owning a home in Ottawa? Navigating the Canadian mortgage landscape as a newcomer can be challenging, with limited credit history and unfamiliarity with the Canadian banking system. That’s where Chris Allard, an experienced mortgage broker in Ottawa, comes in. With his expertise, he can help you achieve […]
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Mortgage with a Co-Borrower
The decision to buy a home and get a mortgage can look different for everyone. If you want to own a house with friends or family, one way to share the financial load of homeownership is to buy with a co-owner. But how does a mortgage with a co-borrower work? Let’s explore everything you need […]
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What Is an Interest Rate Differential (IRD) Penalty?
If you’re a homeowner or potential homebuyer in Canada, understanding interest rate differential (IRD) is crucial when dealing with mortgages and refinancing. The IRD penalty is an essential concept that comes into play for borrowers who wish to break their mortgage contract early or refinance. In this article, we’ll dive into the intricacies of IRD, […]
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Multigenerational Mortgages
Multigenerational homes are a great way to keep a property in the family. This arrangement is not new to our society; intergenerational living has existed since early human history and continues to be a cultural norm in many parts of the world — and it’s gaining popularity in Canada. This shift raises questions about home […]
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