How to Port Your Mortgage When You Move
Factors to Consider Before Porting Your Mortgage You’re planning to move, but your mortgage contract still has a few years left on it. Fortunately, you don’t have to finish paying off your mortgage before you’re allowed to move. In fact, you have a few options, and one of those is porting your mortgage. This option […]
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What Not to Do Between Mortgage Approval and Mortgage Funding
Avoid These Mistakes to Keep Your Mortgage Approval In Good Standing After you’ve been approved for a mortgage, it’s important to understand that you aren’t out of the woods just yet. Being approved for a mortgage does not give you a 100% guarantee that you will receive the funding. There are certain actions you should […]
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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
Should I Accelerate My Mortgage Payments? Most potential homeowners look for ways to get the lowest mortgage rates possible. However, the length of the repayment period, called amortization, is often forgotten or overlooked. This affects how long it will take to repay your mortgage, as well as how much interest the bank will collect from […]
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