Is it harder to get a self-employed mortgage?

Is it harder to go through the mortgage process and come out a winner when you are self-employed or is it just a myth? Read on to find out! Buying a mortgage plan which has a good rate and a good amortization period with a reasonable premium can come under the category of “impossible” these…

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Steps to follow when applying for a second mortgage

How different is the second mortgage process from a normal mortgage? What are the steps? What are the requirements? Read on to find out! A second mortgage is a tough financial decision to make. Not knowing the right way to go about it and having to submit documents three four times just to get it…

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Mortgage pre-approval: The first step to buying a home!

Mortgage pre-approval is your ticket to being considered seriously by your agent or seller and never missing out on a home opportunity! How do you get one? Read on to find out! Mortgage pre-approval should always be the first step in your home buying process. Why? Because it can not just move your process along…

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Things You Should Consider While Choosing your Mortgage Refinancing Options

Mortgage Refinancing With a great financial mind, one can easily use mortgage refinancing options to his benefit. But on the other side, a few plans can only end up costing you more depending on your current plan and future rates. As all situations differ, we here have presented only a few pointers which can be…

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Tips to get the appropriate Private Mortgage

Private mortgages can be a boon if you get the right one. Finding the appropriate private mortgage is never easy! So what can you do to make it easy? Read on to find out! Private mortgages are mortgages obtained from lenders who are not bound by any rules of a union, bank or lending institution….

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How early can you renew your mortgage?

Mortgage Renewal Ontario has an early renewal limit of 120-180 days In Ontario, you can start the process of mortgage renewal at most 180 days before the date of expiry for the term. Starting earlier than that is seen as breaking the mortgage early and leaves you liable to penalties. Why should you renew early?…

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Have a business idea you need funding for? Wondering how to get it?

Small Business Loan Small businesses are a booming industry in the city of Ontario with more and more people looking to invest in it. But a lot of people aren’t aware of how to qualify for a small business loan and how it can be obtained. Contact Ontario Lending to find out your options for…

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Need a commercial mortgage? Make the process faster by knowing the requirements!

Commercial Mortgage Lenders require a lot of criteria to be fulfilled. If you don’t have them all ready, the process could take very long to complete! Sometimes it could even result in rejection. We have put together a list of what lenders usually need to determine your eligibility for a commercial mortgage! Consulting with a…

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Is commercial mortgage regulated?

Is a commercial mortgage regulated? Should you check up the rules again? Well, the simple answer is: it depends. Commercial mortgages have certain criteria according to which they are regulated by the FCA. Before we go in for the rules and regulations and the heavy terms, let us break down what a regulated commercial mortgage…

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Rise of Commercial Mortgage in Toronto

Due to a number of commercial transactions the land transfer revenue for Q1 2018 has exceeded expectations by $30.7 million! The Toronto city council predicts a sharp increase of over $800 million in land tax revenue for 2018. As the demand for Toronto’s commercial, office, retail and industrial spaces remains high, it is likely that…

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