by Ratefair | Dec 10, 2020 | Buying A Home In Edmonton, Down Payment, Homeowners Tips and Tricks, mortgage documents, Mortgage Terms, mortgages edmonton, Pre-approvals and Pre-qualifying for a Mortgage, Property Taxes
What Are Closing Costs? Closing costs are one-time expenses associated with the purchase of a home. If you’re settled on purchasing a home, you have to account for these extra outlays in your budget. A common mistake for homebuyers is to underestimate the amount...
by Ratefair | Nov 10, 2020 | Buying A Home In Edmonton, Credit, credit repair mortgage lending, Lenders, mortgage documents, Mortgage Downpayment Edmonton, Mortgage Terms, mortgages edmonton, Programs
As our senior citizen population expands amidst widespread financial challenges, you might be wondering, how will this significant population financially sustain themselves, post retirement? One practical option for those seeking a source of income at this stage of...
by sarah | May 20, 2020 | Mortgage Terms, Uncategorized
What is Bridge Financing? For most people, the first home they purchase will not be the one they will live in forever. At some point in time, they may decide to upgrade or downsize or move to a new city. The usual process is to first sell the old home and use a...
by Ratefair | Feb 20, 2020 | Mortgage Terms, mortgages edmonton
Edmonton Mortgages – Co-signer vs. Guarantor With the cost of homes increasing in certain markets and the stress test in place, it’s becoming more and more common for the average individual to struggle when it comes to qualifying for a mortgage. Unable to...
by Ratefair | Aug 30, 2019 | Mortgage Terms, mortgages edmonton
When looking to acquire a mortgage, the first major decision you’ll have to make is whether to go for a fixed-rate or variable-rate. Both types of mortgages have their pros and cons, so it’s worth exploring how they differ so that you can confidently...
by Ratefair | Jul 11, 2019 | Mortgage Terms, Programs, Uncategorized
What is a cash back mortgage? Many people are surprised to learn that there are some additional costs that come with purchasing a home. In addition to the down payment, there are many other costs that must be accounted for, such as legal fees, landscaping,...
