It’s that time of year to start thinking about your property taxes!If you’re mortgage lender has been collecting your property taxes, please make sure to look in smaller print in the near top right corner of your bill. Here it should say something along the lines of…’we will connect with your lender xyz’ This is […]
Lower amortizations on conventional mortgages?
I can’t say I’m a big fan of this. Why can’t they just leave things as they are for now? We’ve gone through so many changes in the last short while that we need to just sit back and watch what happens. Many, if not all my clients conventionally (20% or more equity) do not […]
Collateral charge and renewal
Just yesterday we had a mortgage lender come in to our office and talk about their specific mortgage products and so forth. Some very good information and I’m glad that they came in! It’s always good to learn what other mortgage products are available to you, the public! There was one thing though that this […]
Closing costs at the solicitor
Generally when we think of closing costs at the solicitor we think, ‘how much are they going to charge?’ to complete on my purchase and mortgage. Generally the costs of the solicitor runs up about $1,000 for their services, however, the final bill they give you can run up to almost double or more. As […]
Reverse Mortgages
Reverse mortgages are gaining more ground these days and will continue to do so. They are a popular choice for many people in retirement needing a cash injection or wanting to give an early inheritance. Here’s a few reverse mortgage myths: –Firstly, a line of credit typically requires a certain credit score and income level […]