Tag: financing

Home hunting tips

Happy Home Hunting Tips for Canadians

By: Elias Kellendonk

Finding the right home for you comes down to three chief factors: affordability, lifestyle, and your future needs.

Seven items you should know before you enter into a contract

By: Elias Kellendonk

Virtually any time you apply for credit or financing you are entering into a contract, the elements of which you need be cognizant of.

Amortization Period

Questioning 35-Year Amortization

By: Elias Kellendonk

According to Canadian insurance providers, the average Canadian will pay their mortgage in less time than that provided by their amortization through the option of pre-payments.

Commercial New Purchase, CanEquity

CMHC Allows Commercial Financing up to 85 per cent

By: Elias Kellendonk

With the Canada Mortgage and Housing Corporation’s multi-unit insurance coverage, a commercial investor can attain up to 85 per cent financing toward their commercial purchase.

ecoENERGY

Green Commercial Ventures Receive Federal Funding

By: Elias Kellendonk

Construction loans and land development financing is available to fund capital costs. Construction mortgages can provide up to 75 per cent financing.

No Money Down Mortgage CanEquity

Debate on the ‘No Money Down’ Mortgage

By: Elias Kellendonk

The purchaser will be paying interest on every dollar of the home’s value, as opposed to nicking off a good chunk, interest free, with a down payment.

Commercial Mortgages, CanEquity

Commercial Mortgages Seeing Increased Funding Outside of Banks

By: Elias Kellendonk

Foreign lenders, outside of large banks and insurance companies, are upping the commercial financing available for non-prime commercial borrowers.

What's your Credit Score? Find out today!

Methods of Improving Your Credit Score

By: Elias Kellendonk

Your credit score is one of the weightier elements used by lenders to determine your eligibility to receive financing and to decide the rate they will charge for your mortgage.

CMHC

Canadian Home Renovation Statistics

By: The Super Broker

50 per cent of (or 2.1 million) Canadian households renovated their homes in 2009, and just over 40 per cent intend to this year.

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