Tag

Private Mortgage
Published: • In this final third article in my 3 part series covering everything you ever wanted to know about a Private Mortgage, but were afraid to ask, I focus on everyone’s big question: “What does a private mortgage cost?” Unlike most traditional mortgage products, there are several costs and fees you may not be...
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Published: • This is the second in a three part series of articles discussing private mortgages. Private mortgages are becoming increasingly common because of extremely high house prices, especially in Canada’s major cities, and as a result of the mortgage stress test. In Part 1, I covered the basics, answering the most frequently asked questions....
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Published: • This is the first in a three part series of articles that explains the little known and even less understood domain of private mortgage lending. Here, we discuss the basics — what is a private mortgage, why would you want one, what problems do they solve, how they are priced, providing answers to...
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Published:   •   The Truth about Alternative Mortgage Lenders Some members of the media have gone overboard painting a dark and dour picture of alternative mortgage lenders. The impression they give is that a bank mortgage is lily-white-extra-virgin-be-all-and-end-all, and anything else is inferior — and perhaps unsavoury. We hear terms like shadow lending, sub-prime lending, private lending,...
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