by Geoff | Oct 18, 2016 | Credit Score, Finances, First Time Home Buyers, Getting a Mortgage
If you have have overextended yourself with credit card debt, or have consolidated all of your consumer debt into your mortgage, or are at the point where you just want to cancel your credit cards, we have the 3 steps for you to follow to get your credit back in...
by Geoff | Oct 12, 2016 | DLC, Finances, First Time Home Buyers, Getting a Mortgage, GLMG Services, mortgage trends, Rates
By now you will have likely heard that the Federal Finance Minister has made drastic changes to mortgage lending rules making it tougher to qualify for a mortgage. For Canadians with less than a 20% down payment, their purchasing power has been dramatically reduced....
by Geoff | Oct 4, 2016 | Credit Score, Finances
Bankruptcy challenges are daunting. But it doesn’t mean you’ll never get a mortgage again. In fact, if your loan to value is low (a bigger down payment) and your income is stable with good job tenure, you are well on your way to mortgage success Here are the 6 crucial...
by Geoff | Aug 4, 2016 | Finances
Acceptable Down Payment Sources The level of documentation required for the average mortgage these days can be very frustrating. It can seem endless, very “nitpicky” and annoying because we are able to purchase a vehicle with just a pay stub. There are a...
by Geoff | Jul 28, 2016 | Economy, Finances
Chances are, you’ve seen real estate listings that end with terms like, “as-is, where-is” or “court ordered sale” or even “offers subject to court approval” and wondered if the listing prices were real. Or even wondered if you should be looking at foreclosed...
by Geoff | Jul 14, 2016 | Finances
In December, Mortgage Professionals Canada released its annual state of the housing market report and found that in 2015, 36% of homeowners took actions to reduce their mortgage debt. While many homeowners think in terms of lump-sum payments, which are a great...
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