What's the Difference Between Refinancing My Home and Getting a Second Mortgage?

You would like to borrow money to reorganize your finances or possibly make some improvements to the home. When you discuss the idea with friends, some of them recommend you look into refinancing your current mortgage. Others urge you to leave that first mortgage as is and talk with lenders about what second mortgages have to offer. Before you determine which one is best for your situation, here are a few points of different that should be kept in mind.

4 Tips From the Experts on Getting Home Loans Approved

The idea of securing a private home loan and being able to own a residential property rather than renting is on your mind a lot lately. There’s also the concern that your current financial situation would prevent you from securing the financing needed to purchase a house. Before assuming that there is no hope, it pays to take a more objective look at your current status and maybe even talk with an expert. During the course of that conversation, the expert is likely to offer you these four tips for improving the odds of securing a home loan

Looking for a Great Value in the GTA? Get a Property in Oshawa!

Living in an apartment is getting tiresome and you would love to own a home. While you do have a little money set aside, there is the matter of your credit. One of the things you should know is that obtaining poor credit mortgages in Oshawa is not as difficult as you may think. Along with lenders who are willing to work with you, there are some great values in the area. Here are some of the reasons why you should think about making Oshawa your home.

City Living for a Fraction of the Cost of Toronto? Think Ottawa and Buy Quick! (Even with Bad Credit)

You have likely heard about the increase in housing prices in the GTA. What you may not know is that the March 2017 average sale in the Greater Toronto Area was $916,567. That average figure is slightly more than 33% over the figure for March 2016. Given the direction that the market is heading, does it make sense to buy in Toronto right now? A better approach would be to take a look at what’s going on in Ottawa. Here are some reasons other than purchase prices to consider.

4 Ways a Second Home Mortgage Can Give You Financial Freedom

Have you been wondering if securing a second mortgage on your home would be a wise move? If so, you are not alone. It’s been estimated that as many as half of the homeowners in the GTA have considered the idea at one time or another. In fact, there are ways to use the proceeds from the mortgage loan and improve your financial stability. Here are four examples to keep in mind.
Commercial Financing
Buying Renovating
Refinancing - Building