I read this article in ‘mortgage broker news’ today and thought it to be very interesting as it happens often. My thoughts first – The big banks use much more favourable to them calculations when it comes to paying out your mortgage. I’ve done a lot of research on this and have seen many issues […]
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Why it’s SO important to talk to a Mortgage Professional
In the last couple weeks I have begun to feel really bad for a couple of my trusted realtor partners. They have had clients whom have gone to their bank for financing and have been given the green light to go out shopping. Well, in these few cases all of them were unable to purchase. […]
Collateral Mortgages. Good thing or bad?
In the news recently there’s been a lot of talk of how TD is now registering ALL their mortgages as collateral mortgages. Some say this is a good thing. I truly believe it’s not. This isn’t to say TD is the only one doing this. Most credit unions do, and any time you bundle your […]