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Author Nick: Bryan.J
Name: Bryan J
Site: http://www.canadianmortgagesinc.ca/
About the Author: Bryan J is the author of this article. For more information about Home equity line of credit
and line of creditplease visit canadianmortgagesinc.ca
When homeowners or business owners need a first or second mortgage on their property, but don’t have enough credit to be approved by a bank, or have already obtained a loan from a lender who won’t give them additional funds, they often turn to private lenders. Private lenders are individuals or companies, that don’t necessarily […]
Home equity loans are a mortgage that can be taken out against a home, depending on the amount of equity the property currently holds. But what is equity, and how can a homeowner determine how much equity they have in their home? Are there interest rates on home equity loans and, how are they determined? […]
Whether you already own a property and have your eye on another one, or you don’t currently own but are looking to buy a home and want an alternative to a traditional mortgage, it is possible to buy a new house with a home equity line of credit in Canada. The reasons for wanting to […]
It’s a question that’s been asked ever since the Bank of Canada’s interest rate was dropped to historical lows in 2008: are Toronto homes overvalued? The question comes from an influx of buyers on the market, that’s causing Toronto home sellers to realize the potential that lies in the market right now, and allow them […]
Construction mortgage lenders in Toronto can be the answer to a home builder’s needs, or a homeowner that’s trying to obtain financing when building their own home. But, there are many construction mortgage lenders in Toronto. How do you know that you’re dealing with the right one for you? Here are a few things to […]
