Are you looking for the best commercial real estate to invest in today? You will probably need a commercial mortgage to seal the deal. Real estate is one of the best choices to invest your money. It can become an excellent long-term investment where it can provide an ongoing passive …
There are many benefits to using a mortgage broker to obtain a mortgage or loan. Perhaps your offer on a home was accepted, or your mortgage has come up for renewal and you can refinance for a better rate. Maybe you would like some extra funds for a home renovation. …
One difference between a commercial mortgage and a residential one is the commercial borrower would be a business, not an individual. Your business is growing! That’s amazing because our economy could sure use a boost. It’s a much more difficult process but hang in there. I can help you get …
Are you going through a divorce or ending a common-law arrangement and if so, how will you be dividing your property? Such assets can make the already aggravated situation even more stressful. Divorce is complicated on its own merit. Learn below how is a mortgage dealt with for married couples …
The 5 Cs of Credit determine how lenders define your creditworthiness. They are character, capacity, collateral, capital, and conditions and each determines how likely you are to receive funding. I will explain all 5 C’s in-depth below. The 5 C’s of Credit Explained Character The first and probably the most …
The mortgage world is complicated. Fortunately, that’s why I’m here. Before we start working together, get familiar with the language. Here is a full list of terms and their definitions mortgage brokers use. Looking forward to speaking the same language. Mortgage Terms Amortization Period The Amortization period represents the period …
When you are a first-time homebuyer, it often feels like every next step of the process is harder than the last one. First, you have to scale the hurdle of saving enough money for the down payment on the home. Then you must get approved for the loan. Finally, you …
Rental properties differ a lot from your private residence, and they have more risk. Renters will not maintain your property as they should. That is because it doesn’t belong to them and they can vacate anytime they want. But this is not so with your private residence. As a result, …
Before a lender approves a mortgage or loan application, they weigh some important factors. The Loan-to-Value ratio is one of those important factors. A loan-to-value ratio basically measures the loan amount against the asset’s value. To calculate the LTV ratio, divide the loan balance by the value of the asset. The …
Too many negative factors on your credit rating can make it extremely difficult to obtain a mortgage or loan. Unfortunately, once negative information lands on your credit report, it can remain on for at least seven years and be very difficult to remove. There are a few ways you can …
