old pensioners on swing

Mortgages For Pensioners:
The Best Ways To Get Financing Now

 

Have you worked hard your entire life, saving money and building a solid pension for your Golden Years?

Now, you might want to see which mortgages are available for pensioners. Owning your home can give senior citizens many benefits, which our partners will discuss.

Also, our partners will review government programs and private financing. Afterwards, you will be able to find the best mortgages for pensioners.


getting keys to new home

How To Transfer a Mortgage To a Family Member, The Easy Way

 

In the good ol’ days, family land was simply passed on from one generation to another. This was useful for building up family farms, especially. Each generation could learn how to till the same piece of land.

Nowadays, even city slickers might want to transfer a mortgage within their families. This insures that both younger and older generations, are well-taken-care-of.

Here is how to transfer a mortgage to a family member, the easy way.


saving money piggy bank

Home Purchase Offer: Here’s How To Do It The Right Way!

Are you prepared to make a home purchase offer?

This can be an exciting time, but if you’re not a lawyer, realtor or professional negotiator by trade, you might worry about making a serious mistake. Here’s how to do it the right way.

Making a Offer to Purchase a Home

The home buying process can be an emotional roller coaster. It’s hard not to get a sentimental attachment to a certain property. It’s easy to forget how much you can truly afford in all the excitement.

Of course, you need to find a house within your price range, but how can you make a bid that is satisfactory to the seller, but within your budget?

Here are guidelines on what to include in an offer to purchase, along with common mistakes to avoid.


apply online image

Need to Apply For a House Loan Online?

Remember These 4 Tips And 3 Steps

Applying for a house loan online can be a very convenient option, allowing you to compare house loan types side-by-side, which improves your decision-making.

However, before you arrive at the final step of selecting criteria, you should make sure that all of your “ducks are in a row.”
Remember these 4 tips for how to get a mortgage.
After you have created a solid financial foundation, only then should you start to fill out any online application forms.


happy couple in new home 2

Rent or Buy a Home?

Use These 3 Pro Tips To Help You Decide

 

Doesn’t it seem like everyone around you is buying a home these days?

For good reason, there are so many advantages to home ownership.

How about you?

Are you currently renting? Ever wonder if it is better to rent or buy a home for your situation?

Use these 3 pro tips to help you decide.


Long VS Short Term Mortgage: Which is Better for You?

 

Our Canadian mortgage market has created a flexible system for finding home finance.

Canadian homeowners can choose between a variety of lengths for their mortgages, which are loosely categorized as short or long term mortgages.

Read on to discover which type is better for you.


home protection

Is Lender Paid Mortgage Insurance Necessary?

 

Mortgage insurance provides protection in case a homeowner runs into difficulties repaying his loan.

Lender-paid mortgage insurance (LPMI) can be an effective risk management tool allowing lenders to offer more attractive financial packages to borrowers who lack good credit scores or enough money for a large down payment.

The financier helps these higher risk borrowers pay their insurance premiums with LPMI.

But is lender paid mortgage insurance truly necessary?

We dive deeper into the subject in today’s blog post.

 

 


house in christmas bulb

Why Financing a Home Purchase on Christmas Eve Might Be Wise

 

Christmas is a wonderful time of the year when you can sit back, reminisce and enjoy your family members.

Ontario tends to slow down as people take time off from their busy schedules. But, after you relax for a bit, you might realize that financing a home purchase on Christmas Eve might be quite wise.

Just as some of the most wealthy and successful entrepreneurs think “outside the box,” you might also use an unorthodox approach for financial gain.

Financing your holiday home on Christmas Eve can help you pay for gifts, consolidate debt, generate rental income and enjoy special tax benefits.

Here is your guide to Christmas home buying.


person thinking about buying a house

8 Home Buying Tips

Don’t Make These Common Mistakes

 

Buying your own home could be one of the most important decisions you ever make in your life.

Besides becoming a valuable asset for the next couple of decades, your home should become a peaceful oasis for your family and friends. 

Here are 8 home buying tips that can help you avoid common mistakes.


happy cow

Farm Credit Mortgage:
An Essential Guide

 

Agriculture is a sector that will always be needed no matter how healthy the economy is.

By setting up Crown corporations, such as Farm Credit Canada (FCC), Canada has provided a solid source for funding the seeds, crops, livestock, equipment, buildings and land needed to feed the population.

If you are thinking about entering the agriculture sector or want to improve your farm, here is an essential guide for approval of your farm credit mortgage.