Mortgage Blog

Category: Mortgages (11 posts)

Why Borrowers May Choose a Private Mortgage

Why Borrowers May Choose a Private Mortgage

February 24, 2021 | Posted by: Jason Woods

Why Borrowers May Choose a Private Mortgage When most people want to buy a home, they get a list of local banks and mortgage companies to start comparing the available financing options. However, the ...

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How to Handle a Mortgage After a Separation or Divorce

How to Handle a Mortgage After a Separation or Divorce

February 10, 2021 | Posted by: Jason Woods

Mortgage Life After Separation and Divorce Separation and divorce present many challenges. It's a situation you likely never thought you'd never be in, but now there are personal and financial conseq ...

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Reverse Mortgages – Impact on Heirs

Reverse Mortgages – Impact on Heirs

September 9, 2020 | Posted by: Jason Woods

How do Reverse Mortgages Affect Canadian Heirs? For Canadian seniors, there is a great way to get the most out of the equity in their homes. Home prices tend to rise, and equity builds in the prope ...

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When Is Mortgage Refinancing a Bad Idea?

When Is Mortgage Refinancing a Bad Idea?

June 10, 2020 | Posted by: Jason Woods

Property owners refinance their homes and commercial properties all the time. As your credit improves and you have built more equity into the property, it may make fiscal sense to refinance when inter ...

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5 Smart Ways to Use a Home Equity Line of Credit

5 Smart Ways to Use a Home Equity Line of Credit

April 22, 2020 | Posted by: Jason Woods

For homeowners across the globe, home equity lines of credit (HELOCs) have become a handy way of tapping into the value of their homes. However, when borrowing money against your home, it is always a ...

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What should you consider when refinancing your mortgage?

What should you consider when refinancing your mortgage?

April 8, 2020 | Posted by: Jason Woods

Mortgage rates are at a historic low. If you're thinking about refinancing your mortgage, you could possibly save significant amounts of money over the years. Especially in the first years of owning y ...

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Should You Pay Off Your Mortgage Early?

Should You Pay Off Your Mortgage Early?

February 26, 2020 | Posted by: Jason Woods

It's a dream to be able to pay off your mortgage early, but is there a downside?  While it sounds like a great idea, there are some factors to consider before doing so.  This article will ex ...

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How to Improve Your Chances of Being Approved for a Mortgage

How to Improve Your Chances of Being Approved for a Mortgage

December 24, 2018 | Posted by: Jason Woods

For most first time home buyers, obtaining a mortgage is a crucial part of the purchasing process. However, being approved for a mortgage is often easier said than done. It can be disheartening to f ...

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The Pros And Cons Of Reverse Mortgages - A Quick Guide

The Pros And Cons Of Reverse Mortgages - A Quick Guide

November 28, 2018 | Posted by: Jason Woods

No matter how carefully you plan, life can put a dent in your retirement funds. A life-altering accident or illness can turn your life upside down. Dipping into your retirement to meet uncovered expen ...

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Take Advantage of Low Interest Rates – Refinance Your Mortgage Today!

Take Advantage of Low Interest Rates – Refinance Your Mortgage Today!

January 17, 2018 | Posted by: Jason Woods

Borrowers are loving the current record low interest rates, and homeowners stand to benefit even more. If you bought your home more than a few years ago, you could probably benefit from a refinance ...

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Should You Spend the Full Mortgage Amount You're Approved For?

Should You Spend the Full Mortgage Amount You're Approved For?

January 10, 2018 | Posted by: Jason Woods

Before you start shopping for a new home, you'll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for may not ...

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