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Mortgage FAQs
When You Co-sign, The Borrower Now Controls Your Credit History
When You Co-sign, The Borrower Now Controls Your Credit History
Most people do not understand that when you co-sign a loan product  you are effectively handing over your credit history ...
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Think Outside Of The Bank
Think Outside Of The Bank
Most of us have accounts with a chartered bank, so it's natural we turn to them when we need a ...
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No credit history 700450X THUMBNAIL
No credit history qualified for a mortgage
This is a cautionary story about the importance of having your own unique personal credit facilities, and not to simply ...
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You Must Review Your Credit History Before a Mortgage
Discovery of errors on a credit report at the last minute could have cost homebuyers the home they wanted if ...
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Give your kids an inheritance with warm hands
Give your kids an inheritance with warm hands
Almost 5% of clients aged 55 and over arrange reverse mortgages as a way to gift money to their adult ...
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Ten Facts About Reverse Mortgages
Ten Facts About Reverse Mortgages
Ten facts about reverse mortgages. As more seniors look to this type of financing to help their adult children as ...
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Mortgage Portability Can Be a Borrower's Lifeline
Mortgage Portability Can Be A Borrower’s Lifeline
A portable mortgage has an option that allows the borrower to transfer the mortgage to a new property. This allows ...
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Interest Adjustment Date Explanation 700x450X THUMBNAIL
Interest Adjustment Date Explanation
When you close your purchase mid-month, you might have to prepay a few days’ interest on your closing date— it’s ...
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Remove Co-Signer From Mortgage
Remove Co-Signer From Mortgage
Some people use a co-signer to obtain a mortgage. Being a co-signer can adversely affect your own mortgage prospects. A ...
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what if your appraisal comes in too low
What If Your Appraisal Comes In Too Low
Some buyers are being pressured to limit (or even eliminate) conditions in their offer to purchase these days. If you ...
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What If Your Appraisal Reveals Problems
This year we have seen several instances where appraisals played a key role in determining the success of a purchase ...
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Explain Mortgage Amortization Period And Term
Explain Mortgage Amortization Period And Term
Mortgage professionals often fall into the trap of presuming knowledge and understanding of our terminology that simply isn’t there – ...
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fixed or variable rate mortgages
Fixed or Variable Rate Mortgage?
For many years, the winning move has been to select a variable rate mortgage over a fixed rate mortgage. The ...
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Assignment Of Purchase May Mean Difficult Mortgage
Assignment Of Purchase May Mean Difficult Mortgage
It has been fashionable for some speculators and investors to flip their right to purchase a builder property prior to ...
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offer to purchase 700x450X THUMBNAIL
Offer To Purchase In a Competitive Situation
To win in a competitive situation (which is what the listing agent is trying to achieve by having a set ...
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Don't listen to interest rate predictions
Don’t listen to interest rate predictions
Personally, I don’t put much stock in predictions, no one has a crystal ball. I accept interest rates will be ...
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