by admin | Jan 10, 2019 | Mortgage
Experienced Private Mortgage Brokers Surrey & Vancouver What goes up must come down! By the same token, what goes down must come up! After almost a decade of warning and keeping the rates the same for the last 7 years, the Bank of Canada might finally hike its...
by admin | Nov 24, 2018 | Mortgage
Private Money Mortgages In Surrey & Vancouver There are plenty of Private Mortgage lenders out there. Mortgage Investment Corporations (MIC), Mortgage Trusts, Mortgage Funds, Private Individuals – all of these fund Private Money Mortgages. If you have Bad...
by admin | Nov 24, 2018 | Mortgage
Mortgage Stress-Test Simply put, the new mortgage stress-test rule, that went into effect on January 1, 2018, requires the banks to qualify the borrowers for home mortgages either at the Bank of Canada’s five-year conventional mortgage rate or at two percentages...
by admin | Oct 17, 2018 | Mortgage
Mortgage Application Documents What kind of supporting documents does the bank require for a mortgage application? The list of the supporting documents for a mortgage application varies a little bit depending upon what kind of borrower you are. Are you a salaried...
by admin | Oct 17, 2018 | Mortgage
Mortgage Approval Process How does the mortgage approval process work? Even though each bank or lender has its own requirements, procedures and steps but they all lead to one finding: does the borrower have the ability and the willingness to fulfill his or her...