New York Residents: Here’s How The Mortgage Lending Process Works
Buying a New York house is an exciting milestone, but navigating the mortgage loan process, especially for first-time buyers, may be daunting. Understanding how the process works is essential for having a positive experience and making well-guided choices. This post…
Mortgage Loan Processing: Tips for a Faster and Better Experience
Mortgage loan processing is a complex and time-consuming process that requires attention to detail. Hence, oftentimes, it can be difficult to keep track of all the different steps and requirements and even harder to ensure timely deliverables. However, with the…
Using a Home Equity Conversion Mortgage for Added Income: The Pros and Cons
Owning your own home has many immediately obvious benefits, like the comfort of privacy and the opportunities, there are for customizing and improving it with upgrades and additions. It’s also a plus to not have to share walls with neighbors,…
3 Ways You Can Avoid Foreclosure
Defaulting on your monthly mortgage can ultimately leads to foreclosure. If you just lost your job, your problems may not be going away soon. You must have a clear strategy that will buy you some time. A foreclosure is the…
6 Types of Mortgage Loans Perfect for New Loan Seekers
A mortgage is a financial tool for debt protected with collaterals. These types of loans are beneficial for individuals to meet their personal and professional needs. Provided to both salaried and self-employed professionals, these loans are given against residential and…
Everything You Need to Know About Mortgage Rates
Home buying is on the rise in Canada. This year, more than 460,000 housing units were sold and, in 2020, that number is expected to surpass 480,000. Whether you're already shopping for a new home or just beginning to think about starting…
Top 3 Reasons to Work with a Mortgage Broker
What is a Mortgage Broker? For someone just stepping into the world of real estate and purchasing their first home, mortgage broker may not be a familiar term. A mortgage broker is someone who liaises between a home buyer and…