Author Archives: Bernie

Comparing Popular Readvanceable Mortgage Products

Comparing Popular Readvanceable Mortgage Products The key component missing from many mortgage products available today that would make them attractive options for real estate investors is a readvanceable home equity line of credit (HELOC) portion. These more advanced products make … Continue reading

Posted in Mortgages 101 | Comments Off

The Key to Success: Mind your own business…

The Key to Success: Mind Your Own Business… Are you minding your own business? If you are an employee, it is not what you do from 9-5 that counts. It is what you do with your paycheck after you receive … Continue reading

Posted in Mortgages 101 | Comments Off

Top 3 reasons to buy NOW

Written by Paul Kondakos, One of the most common catch phrases, veteran investor Paul Kondakos hears from Canadians reluctance to invest in real estate is “It’s not a good time.” Ah, but it is, he writes in this Top 3 … Continue reading

Posted in Mortgages 101 | Comments Off

How to become mortgage-free sooner!

Paying your mortgage off the traditional way takes 25 to 40 years and costs about TWICE the purchase price of your home. Here are some effective ways to pay off your mortgage sooner, build equity faster and save thousands in … Continue reading

Posted in Mortgages 101 | Comments Off

Understanding Your Credit Report

As credit has become more and more abundant in our society, your credit report, and thus your credit rating, has become more important in your daily life. Your credit rating affects all aspects of your financial activities when it comes … Continue reading

Posted in Mortgages 101 | Comments Off

Transitioning from Renter to Homeowner

Transitioning from renter to homeowner is one of the biggest decisions you’ll make throughout your lifetime. That’s why it’s essential to surround yourself with a team of experts – including both a mortgage and real estate professional – to walk … Continue reading

Posted in Mortgages 101 | Comments Off

Tips for Paying Off Your Mortgage Faster!

Mortgages in Canada are generally amortized at 25 year terms. While this seems a long time, it does not have to take anyone that long to pay off their mortgage if they choose to do so in a shorter period … Continue reading

Posted in Mortgages 101 | Comments Off

Tips to Keep in Mind Between Your Mortgage Approval and Funding Dates

In light of the new market realities and tightening of credit underwriting standards by both lenders and mortgage default insurers as of late,  keep in mind that now – more than ever – it’s important to be careful what you … Continue reading

Posted in Mortgages 101 | Comments Off

Getting a mortgage Pre-approval

Getting a mortgage Pre-approval If you are looking for a new home, be sure you are pre-approved. With a mortgage pre-approval, a licensed mortgage professional can do a more complete verification prior to sending you shopping for a home, and … Continue reading

Posted in Mortgages 101 | Comments Off

The Key to Success: Mind Your Own Business…

Are you minding your own business? If you are an employee, it is not what you do from 9-5 that counts. It is what you do with your paycheck after you receive it that counts. In other words, what you … Continue reading

Posted in Mortgages 101 | Comments Off