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Benefits of Owning vs. Renting reaffirmed in new study from MPC

A study from Mortgage Professionals Canada has determined that the rising rents are making homeownership the affordable alternative. How much could buyers save? The analysis compared the cost of renting vs. owning across Canada both 5 years and 10 years into the future, using 266 different “cases” of locations and types of dwellings, along with higher interest rates […]

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WHY USE A PRIVATE MORTGAGE LENDER 🤔

WHY USE A PRIVATE MORTGAGE LENDER? You would use a private mortgage lender under any of the following circumstances: To pay off high-interest credit card debts To pay for home repairs or renovations For living expenses after a work layoff To stop a power of sale/foreclosure To pay tuition fees for college/university Equity take-outs for starting […]

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Need a Low-Interest Private Mortgage?

CAN’T QUALIFY FOR A MORTGAGE? Private or Alternative Mortgages are becoming the only way some people can refinance or buy. NOT ALL PRIVATE LENDERS ARE THE SAME – we shop over 100 private lenders to secure the best rates. If any of these situations apply to you: Then we can help! We offer Private Mortgages […]

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Latest Interest Rate Update!

The odds of the Bank of Canada hiking rates on July 11 just shot back up to 70%! The Canadian dollar was climbing yesterday, Thursday, as bets on a rate hike rose. Investors are raising bets the Bank of Canada will move ahead with an interest rate hike next month, after Governor Stephen Poloz reiterated […]

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Interest-Only Mortgages are back!!

Interest only mortgages are suitable for homeowners and investors who wish to utilize an interest only payment while qualifying on a 30 year amortization for up to 80% of the value of the home (LTV).  NO high Ratio deals permitted. Fixed and ARM rates are available. Great for: –  Investors who own multiple rentals and wish […]

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