Dec 29, 2008...Alberta debt consolidation loan options

If you have a lot of debt in credit cards, you may wish to consider a Canada debt consolidation loan.  It's always advantageous to replace to expensive debt with cheaper debt.  Your debt load will be the same, but if you are currently paying 25% - 30%, it's a good thing to replace it with 13% interest.  Your monthly payments will be half as much, and you will only be making the payment to one lender.  To read more about a Canadian equity home loan, click here

 

Dec 27, 2008...British Columbia mortgage interest rates are dropping

In the short term, Canadian mortgage interest rates are falling.  In the last month, the rate for a five year term mortgage has dropped from 5.89% to 4.99%.  In a effort to stimulate the economy, it is less expensive to take out a mortgage.  A one year rate can be as low as 4%, and variable is prime + 1% (Prime is currently at 4%).  So with falling housing prices and low Canada mortgage interest rates, it is a good time to buy.  To read more about a Canadian mortgages, click here

 

Dec 26, 2008...a Canada home loan broker can help you

Even though the economy is worsening, we still have lenders that can look after your Ontario mortgage needs.  The lenders may not be lending to the same "high ratio" levels as before, but if you are employed and have a house which shows "pride of ownership", there is a good chance that we can assist you with a Canadian debt consolidation loan.  To read more about a Canada second mortgage, click here

 

Nov 25, 2008...can a Alberta mortgage broker help you

If your credit is great, you have a lot of options.  But it doesn't always mean that you can walk into a Canadian bank and get a loan.  Sometimes you may not qualify because of income, or equity in your home.  Talking to a good Canadian mortgage broker can make all the difference.  They can also look at your credit report and tell you what you need to do to improve your credit.  They also have access to a lot of Canadian lenders that have criteria that isn't as restrictive as the major banks.   For more information on how to get a Canadian second mortgage, click here

 

Nov 22, 2008...Canada mortgage loans are changing

The economic picture in Canada is changing for people wanting Alberta home equity loans.  Many lenders have gone out of business, and money is getting tougher to find.  But we still have a number of private lenders that are eager to lend you money for your British Columbia debt consolidation loan.  For more information about a Canadian real estate loan, click here

 

Nov 11, 2008...your Canada mortgage broker works for you, not the lender

A good Canadian mortgage broker works for you, the client, and not the lender.  Sometimes the BC mortgage broker has to ask personal questions to find out the details of your situation.  The reason for this is because if your broker is doing a good job, he can analyze your "life" situation, and choose a Canadian lender that best fits your situation, income, and credit situation.  For more information about personal financing in Canada, click here

 

 

Oct 28, 2008...replace expensive debt with an Ontario debt consolidation loan

Imagine that you have a sheet of paper.  Draw a line down the middle and mark down what you currently pay in monthly debt on one side.  That should include mortgage payments, credit cards, car payments, etc.  Let's say it comes to 4000/mo.  Think how happy you would be if one the other side of the sheet you could consolidate all of that debt into one monthly payment, and only pay 2500/mo.

 

That's what a Canada consolidation loan can do for you.  For more some Canada mortgage refinance ideas, click here

 

Oct 24, 2008...you can still get a Canada equity loan with poor credit

Here's a quick refresher on how credit report scores work, when you are trying to secure a Canada home loan.  Equifax, which is the company that issues the credit reports in Canada, rates all reports on a 900 maximum scale.  If you score above 700, then you should have no problem getting an Ontario debt consolidation loan.  From 600 to 699, it could be "iffy" depending on the lender, and between 500-599, it might be tough.  No conventional lenders in Canada lend with a score below 500.

 

The good news is that our lenders will look at all applications, no matter what your credit score is.  For more some Canada mortgage options, click here

 

Oct 20, 2008...Calgary home loans are different from Regina personal loans

An Alberta home loan is different than a Saskatchewan personal loan.  Home loans are loans where the collateral (or security) for the loan is your house or real property (ie real estate).  A personal loan usually has no security.  It is a loan based on a personal guarantee that you will pay it back.  A second difference is that personal loans are usually very expensive (up to 29% interest rate), whereas an Edmonton equity loan can start from as low as 5%.  For more information on a northern Canada mortgage, click here.

 

Oct 16, 2008...you can still get a Vancouver equity loan with bad credit

Even though the economy is worsening, you can still get a British Columbia home equity loan.  Even if you have bad or poor credit.  If you have equity in your house, and have a consistent and steady stream of income, we have lenders that can help you.  And if you have bills to pay, it's always good to replace expensive debt with inexpensive debt.    For more information on a Canada mortgage loan, click here.

 

Home Equity Loan in Canada

 

What is a home equity loan Canada.  Home equity loans Canada is an equity line of credit that gives you access to the equity in your home (up to 90% of the value of your home).  With a Canadian loan , this is a great way to finance a home renovation...more

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