Loan Types

Key Takeaways A mortgage lender is any financial institution or individual that lends money to help people buy a home.In Canada, mortgage lenders range from very large banks, to smaller banks, credit unions, alternative lenders, and even private lendersWhen choosing…

Wondering what alternative mortgage lenders are? In this definitive blog post, you’ll learn all there is to know about the different, alternative types of mortgage lenders available to you. Key Takeaways Conventional mortgages are offered by A-Lenders like the Big…

A recent report from Statistics Canada shows that there are over 2.6 million self-employed Canadians who do not take payment from an employer. This figure, which makes up for about 15% of the Canadian workforce, enjoys the various benefits that determining your…

If you’re looking to secure a mortgage, whether for purchase, refinance, or renewal, you may want to consider a readvanceable mortgage. However, there are some things you have to look into before making your mortgage readvanceable, as there are disadvantages…

Understanding the various aspects of mortgages can be quite a hassle, especially with all the technical terms involved.  This is no different for mortgage insurance, especially given the changes made by the Canada Mortgage and Housing Corp (CMHC) in recent…

There are a variety of options available when it comes to making payments on mortgages. The most common is the traditional method of paying a portion of the principal plus interest on a monthly basis. A less common one is…