With access to many private lenders, we can customize a private mortgage to suit your individual needs and situation. Whether you require a 1st or 2nd mortgage, the Private Mortgage Solution™ will be tailored specifically ... Read More
The Rise of Private Lenders and Private Mortgages in Canada
Let's face it, in my humble opinion the federal government went overboard on imposing mortgage regulations as of January 1st, 2018. Namely the "Stress Test". We are now seeing the unintended consequences of their ... Read More
Dramatic New Mortgage Rules That May Affect You
Well, when the federal government wants to drop a bomb on the housing market, they go full out. They announced changes to the mortgage rules yesterday and boy are they doozies! I will start with what I see as the most ... Read More
Divorce, Legal Separation, your Home and your Mortgage
Going through a divorce or becoming legally separated is always a challenging and emotional time. So many questions regarding your largest asset - your home, and what can be done to satisfy both parties. I speak with many ... Read More
Real Estate Agent Kickbacks and How They Can Harm You
Does your Real Estate Agent refer your mortgage directly to a bank or bank Mortgage Specialist? Chances are, if they do then they are getting paid to refer your business. Are you aware of that? If not, then you should ... Read More
Bank Fees – Are You Being Charged One to Make Your Mortgage Payment?
If you ever thought a bank was working in your best interest, you may want to have a rethink. The banks have shareholders to answer to and the demand for their share price to continue to rise as well as the expectation of ... Read More
The CMHC Mortgage Insurance Premium Increase as of June 1, 2015
CMHC announced on Thursday, April 2nd that they will be increasing mortgage insurance premiums for homebuyers that have 5%-9.99% of the purchase price as a downpayment by 15%. For homebuyers with 5% down - the premium on the ... Read More
New Construction Condos, Leasing, Assignments, and the Law
This is great information from one of our fantastic lawyers, David Feld of the law firm Feld Kalia which deserves to be shared. This concerns renting out or assigning new construction condos before registration (when you ... Read More
Collateral Mortgages and Lender Updates
The increasingly hot topic of collateral mortgages continues to make headlines and with more lenders forgoing a standard charge mortgage (also known as a conventional charge mortgage) for the collateral charge - we thought it ... Read More