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.

Oct 15, 2008...we can do Ontario equity loans in small towns

Many lenders will not go to "small town" Canada when granting a Canada mortgage loan.  They sometimes will say that they need a minimum population of 25,000, or be no further than 25kms from a large city.  We have lenders that will look at any sized town, whether it be residential or rural.  For more Canadian mortgage lender tips, click here

Oct 14, 2008...how the economic crunch is affecting Canada home equity loans

With the economic crisis currently upon us, many of the lenders offering Toronto equity loans are being a little more conservative.  It doesn't mean that you can't get an Ontario home loan, but the criteria is getting a bit tighter.  For example, credit scores need to be higher and loan-to-value ratios are lowering.  Also, the cost of borrowing is higher due to the risk.  For more Canadian mortgage tips, click here

June 14, 2008...what's the difference between bankruptcy and a consumer proposal

The main thing you should consider when applying for an Alberta home equity loan, when you have a bankruptcy or consumer proposal, is that the lenders consider both of these situations as the same thing.  Even though you may consider a consumer proposal the better route to go (and it is, because you are actually making an attempt to pay off your debt, versus running away from them with a bankruptcy), the lenders will require you to be out of your consumer proposal for at least one year, with one year of reestablished credit.  That is the same requirement for a bankruptcy.  For more Calgary mortgage tips, click here 
 

June 10, 2008... how does a previous bankruptcy affect you

If you are applying for a Vancouver equity loan, and you have had a previous bankruptcy, most lenders will want you to be discharged from your bankruptcy for 1 year and have re-established credit for 1 year.  After having had a bankruptcy, the tendency is to stay away from credit cards and loans.  The problem with that is that the lender can't see that you have "changed", and all they see is your poor credit from the past.  For more BC loan tips, go to click here 
 

May 16, 2008... allow for extra costs on a Calgary second mortgage

When you are applying for a Calgary home loan, keep in mind extra fees or costs that may be unexpected, or not budgeted for.  Such Canada home improvement loan costs can take the form of lawyer fees, lender fees, broker fees, appraisals, etc.  Make sure that you are well aware of the costs involved so that you are not disappointed at the lawyer when you are signing the papers.  For more details on an Alberta 2nd mortgage, click here
 

May 10, 2008... credit scores are important for an Edmonton home loan

Your credit score, that is issued by Equifax Canada, determines what the lenders think about you. Remember, if you are looking for an Alberta mortgage or Calgary equity loan, make sure you pay your debts on time, and as required.  Otherwise you may find yourself paying more for the mortgage.  is the difference between an open Regina mortgage and a closed Saskatoon 2nd mortgage.  An open mortgage is where you can make as many payments as you like, whenever you like, to pay down the balance of the outstanding mortgage.  For extra info on a Canada loan, click here

May 9, 2008... closed versus open Regina 2nd mortgage

What is the difference between an open Regina mortgage and a closed Saskatoon 2nd mortgage.  An open mortgage is where you can make as many payments as you like, whenever you like, to pay down the balance of the outstanding mortgage.  With a closed mortgage, the payments are fixed (ie the same each payment), and the payment period is fixed (ie once a month)  For more information on a closed Canada home mortgage, click here

May 8, 2008... private Kelowna mortgage

Sometimes your credit may not be good enough for conventional mortgage lenders in BC, and maybe not even good enough for "non-conventional" lenders.  But we have access to private mortgage money all across Canada.  So you can get a Vernon home loan or a Prince George home improvement loan, even when your credit is poor.  For more info on a Canada home loan, click here

Mar 11, 2008... appraisal tips for a good Victoria home loan

Part of the process for getting a Victoria, British Columbia mortgage is having a good appraisal.  Take it very seriously.  Many folks think that their house is worth more than it is, and it can be the aspect of the loan that "kills the deal".  Make sure the house is clean and shows well in the pictures for the BC mortgage lender.  Make sure that the exterior and yards are clean.  I've had many deals where the clients ended being very disappointed because the house didn't show well, and the appraisal came in lower than expected.  For tips on Canadian high risk mortgages, click here

Mar 9, 2008... don't make big purchases before getting a British Columbia mortgage

If you are going to be applying for a Vancouver equity loan or BC mortgage, make sure that you don't increase your debt load.  Lenders look at your debt to income ratio to decide how much of a mortgage you can afford.  The standard ratio is that they will allow you to spend 42% of your gross income on debt.  If you go ahead and purchase a car or run up your credit card before applying, you could find yourself not qualifying for the size of the mortgage you need.  For some information on easy Canadian mortgages, click here

Mar 5, 2008... never give up hope on a Canada Home Loan

Even if you have terrible credit, never think that a lender won't take a chance on you.  I've provided Calgary equity loans and Vancouver mortgages to people who thought their credit was beyond hope.  The rates may be higher, and sometimes there are fees, but quite often, it can be a better option than paying the high interest rates of credit cards.  For some information on discount Canadian mortgages, click here

Mar 3, 2008... new national mortgage broker, Home n Work Mortgages Inc.

An exciting new BC mortgage broker agency has just open it's doors.  Home n Work Mortgages, based in Victoria BC is looking forward to better servicing Canadian borrowers with more mortgage options and greater service.  Now Vancouver equity loans and British Columbia first mortgages will be more accessible.  For more information on Canada loans, click here

Mar 1, 2008... sub-prime lender closes.

Accredited Canada, a Canadian sub-prime lender, just recently closed it's doors.  They were US owned, and one of the reasons they closed is because of the current problems in the States.  But this should not be a worry to sub-prime borrowers in Canada.  There are still plenty of sub-prime Canadian lenders willing to lend money to borrowers with less than perfect credit.  To learn more on how to get a British Columbia debt consolidation loan, complete the form above, or click here

December 28, 2007... Vancouver home loan info.

Don't let a poor credit history dissuade you from applying for a mortgage.  There are many lenders in British Columbia who will look beyond just the credit bureau "score".  They will listen to your story and determine whether you are a good credit risk.  They realize that sometimes misfortune befalls people, and that they deserve a second chance.  To find out more information on how to get a Vancouver equity loan in BC, fill out the form above, or click here

December 17, 2007... British Columbia mortgage news?

In local news, Quest Mortgage Investment Corporation has announced new management changes that will alter the way it currently does business.  They are operating as a MIC (Mortgage Investment Corporation) and their plan is to become the largest mortgage investment corporation in Canada.  To find out more information on how to get a Canada debt consolidation loan in British Columbia or Ontario, click here

December 13, 2007...What is a subprime borrower?

A subprime borrower is someone who has less than perfect credit, maybe caused by not paying bills on time, previous bankruptcy, collections, etc.  The result is a low credit score.  This type of client cannot get a conventional mortgage from the bank.  So the subprime borrower gets a loan from a subprime lender.  The rates and, sometimes fees, are usually higher than conventional lenders, but the client is at least able to qualify for a loan.  To get more information on a Canadian broker loan, click here

December 9, 2007...US predicts subprime woes will last another 2 years

Unlike Canada, the US market has been suffering through a subprime lending crisis.  Subprime loans is where you give people with bad credit a mortgage.  The problem in the States is that the lenders didn't ask for a downpayment.  So you've got borrowers with poor credit, poor job history, and no downpayment getting mortgages for 100% of house value.  The see how things are done properly in Canada with a British Columbia mortgage, click here

US lenders are gouging clients

It has come to light that US lenders, such as Countrywide Financial Corp, have been unnecessarily and illegally adding fees and charges on to mortgages. And these are with clients that should have never got into a mortgage in the first place.  The troubles we see in the US have not happened in Canada because our mortgage regulators are very strict on what lenders can do.  For more info on bad credit loans in Ontario, click here

Loan for a Canadian with bad credit

With a loan for a Canadian with bad credit, how long does it take to complete an Alberta mortgage?  If all Alberta mortgage information requested by the lender (i.e. Income verification, down payment verification and property details) is given to the broker in a timely matter, then the transaction can be completed in as little as 2 weeks...more

Canadian Debt Consolidation Loan

The truth, with a Canada debt consolidation company, is that the bank will probably offer you a discount from their posted rate if you are a good client with good credit. The trick is to know which banks will go the lowest, when, and why!  We make it our business to find clients the best rates, from every source.  I've had a number of clients who have been disappointed with their bank because they were not offered the lowest rate....more

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

This site is dedicated to Canadian citizens who wish to get an Ontario mortgage.  It also has recommendations on how to establish new credit with a low rate credit card or improve your chances of getting a mortgage by reducing credit card debt.

A Canadian equity loan will free up money to do home decoration with  wall tapestry at great prices.

When you take out a mortgage, the lender will insist that you have house insurance, so it's important to get a Canada Insurance quote.