From the category archives:

Useful Mortgage Information

Tips to pay down your mortgage faster

by Jonas on March 1, 2009

Tip #1

Prepay early in the mortgage

Make extra payments as early as you can after getting a mortgage because the loans are interest-heavy up front and the faster you pay down your principal, the more interest savings you will accumulate over…

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Who’s Involved?

Canadian Mortgage ProfessionalsPurchasing a home takes more than just the buyer and seller to agree on a price. It takes numerous professionals with a vast knowledge of expertise and experience to get the job done right every time.

People you will meet while…

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Advantages to Using a Mortgage Broker

by Jonas on March 1, 2009

advantage-mortgage-broker-key-to-saving-moneyA Toronto Mortgage Brokers job is to provide consumers with choice, convenience and expertise.

The consumer receives an accredited, expert mentor through, what is, a complex lending process.

Because each applicant’s needs and qualifications differ greatly, a Mortgage Broker who is familiar with…

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Top 9 Ways to Improve your Beacon Score

by PaulPacino on March 1, 2009

1. Learn what your current Beacon score is and what appears on your credit report. Go to Equifax.ca or TransUnion.ca to get an up to date summary of your credit report.

2. Do not open any new credit cards that you will not need just…

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A lot of mortgage brokers in Toronto don’t like to talk about the negative events that happened in the U.S with the “Sub prime Market”. In fact if you even mention the word sub prime around brokers or realtors a hush…

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Obtaining your Canadian Mortgage

by admin on November 23, 2008

Take an application

For your convenience, here is a downloadable Canadian mortgage application in either Adobe PDF or Microsoft Word format.

Click here to download your Mortgage Application in Adobe PDF format Click here to download your Mortgage Application in Microsoft Word format

This…

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How much does a Mortgage Broker really cost you?

by admin on November 23, 2008

How much does hiring a Toronto mortgage broker really cost me? In most cases nothing! 9 out of 10 times we get paid directly by the lender saving you money from the start.

We don’t take a penny from you and all…

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Mortgage Insurance

by admin on November 23, 2008

Did you know that by law in Canada, if your down payment is less than 20% of the value of the home you are purchasing, you are required to obtain mortgage insurance? Mortgage insurance is not the same as life…

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