When you are refinancing your Mississauga mortgage you are simply taking out another mortgage to pay off your existing one. Usually at a better rate or higher value. To make sure that you get the best possible mortgage refinancing deal you have to make sure that you time it right and that you work only …
When things really get bad with finance, you may find yourself tied down with a mortgage loan. More often than not, the interests tend to be higher and things go from bad to worse. Luckily, mortgage refinancing is an ideal way to get out of the financial nightmare. If you do not know about mortgage …
One of the challenges of being a homeowner is the risk of taking of too much debt that ends up hurting you over the years. Many homeowners often find themselves in very tight positions and are forced to resort to options such as a second mortgage, mortgage refinancing or a home equity loan to be …
Reverse mortgages are generally for individuals who are 55 years of age and older and have equity available in their home to borrow from. Hence, the reverse mortgage is secured by the available equity in the home which has been attained from paying down the mortgage over a period of time. This product allows for …
It seems as though it was just yesterday, I was working at the branch and discharging mortgages for clients in the east-end part of Toronto, Ontario. In performing my regular duties, I would always look at the original mortgage amount and the total interest paid during the 25-year term amortization, and fundamentally understood why large …
As a Mississauga mortgage agent, working in the Toronto area, I have been asked by many clients about the new land transfer tax and how it applies to new home buyers and mortgages. As of November 14, 2016, the Government of Ontario announced a number of changes to the Land Transfer Tax rules. These changes …
