Mortgage Blog
Canada's Mortgage Expert
Category: Mortgage Tips & Advice (23 posts)
Why Borrowers May Choose a Private Mortgage
November 10, 2021 | Posted by: Jeremy Schaffner
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 ...
read moreHow to Handle a Mortgage After a Separation or Divorce
November 3, 2021 | Posted by: Jeremy Schaffner
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 ...
read moreReverse Mortgages – Impact on Heirs
August 25, 2021 | Posted by: Jeremy Schaffner
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 ...
read moreWhen Is Mortgage Refinancing a Bad Idea?
July 14, 2021 | Posted by: Jeremy Schaffner
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 ...
read more5 Smart Ways to Use a Home Equity Line of Credit
June 23, 2021 | Posted by: Jeremy Schaffner
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 ...
read moreWhat should you consider when refinancing your mortgage?
June 16, 2021 | Posted by: Jeremy Schaffner
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 ...
read moreShould You Pay Off Your Mortgage Early?
May 26, 2021 | Posted by: Jeremy Schaffner
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 ...
read moreHow to Improve Your Chances of Being Approved for a Mortgage
November 25, 2020 | Posted by: Jeremy Schaffner
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 ...
read moreThe Pros And Cons Of Reverse Mortgages - A Quick Guide
November 11, 2020 | Posted by: Jeremy Schaffner
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 ...
read moreShould You Get a Shorter-Term Mortgage, Make Extra Payments, or Something Else?
October 14, 2020 | Posted by: Jeremy Schaffner
When getting a home mortgage, if you can afford higher payments, often the option of a 15-year loan instead of one of 30 years is an option. It can be an enticing idea to know that you'll be free of a ...
read moreReal Estate: How to Refinance a Mortgage with a Bad Credit Score
September 9, 2020 | Posted by: Jeremy Schaffner
There are many excellent reasons a homeowner may look into refinancing their mortgage. To refinance means to replace your current mortgage with a new one, almost always with a lower interest rate. For ...
read moreFour Strategies That Can Help You Get Approved for a Mortgage
July 8, 2020 | Posted by: Jeremy Schaffner
So, you've decided to take the big step and look into getting what will likely be the biggest loan of your entire life: a mortgage. Applying for a mortgage can be a bit of a nerve-wracking process, es ...
read moreLooking to Invest? Pay Down Your Mortgage Instead
July 1, 2020 | Posted by: Jeremy Schaffner
With all the gloomy news about pension plans in the press you may be worrying whether you should actually be investing in a pension plan or not. A new wave of thinking suggests possibly not. There may ...
read more4 Things You Need To Know When Buying A Vacation Home
March 25, 2020 | Posted by: Jeremy Schaffner
Everyone looks forward to a vacation, and many people return to their favorite spot each year. If you really enjoy your annual destination, you might be ready to invest in a vacation home. There are m ...
read moreGetting Your Whole Family on Board When Selling Your Home
February 26, 2020 | Posted by: Jeremy Schaffner
If you are selling your home, this can be a challenge when you are in charge of getting your family on board as well. Selling a home with kids has its own challenges, but it isn't impossible. Here are ...
read moreBuying a Home, Step One: Mortgage Pre-Approval
February 19, 2020 | Posted by: Jeremy Schaffner
Whether you're looking to buy your first home, or haven't purchased a home in the past several years, you may be surprised to discover that searching your local real estate listings is not the best pl ...
read moreWhy Remortgage? 4 Excellent Reasons to Consider Refinancing Your Home
February 5, 2020 | Posted by: Jeremy Schaffner
Your home is probably the most significant purchase you'll ever make, yet it's surprising how many people simply continue paying their mortgage every month without thinking too much about it. However, ...
read moreSaving For College: Four Tips For Parents
December 18, 2019 | Posted by: Jeremy Schaffner
One of the prime concerns of parents, especially parents of teenagers, is how their children will be able to afford college tuition. With prices going up each year at even state and community colleges ...
read moreIs Having No Credit As Risky As Having Bad Credit?
November 27, 2019 | Posted by: Jeremy Schaffner
Let's clear up one misconception, right off the bat: having no credit is not the same as having bad credit. 'No credit' simply means that your credit history - which tracks your loans and repayments o ...
read moreWhy Should I Repair My Credit?
November 13, 2019 | Posted by: Jeremy Schaffner
Your credit history is more than just a number; it affects nearly every aspect of your financial life. If you are suffering from a low credit score, you're probably an excellent candidate for credit r ...
read moreHow to Manage Your Credit Card Debt: A 4-Step Strategy
October 23, 2019 | Posted by: Jeremy Schaffner
Being in debt is undoubtedly stressful, more so when the interest rates keep pushing your overall debt to skyrocketing amounts. Many people fall into the temptations of unnecessary expenditures and en ...
read moreWhy is Saving Money so Hard?
October 16, 2019 | Posted by: Jeremy Schaffner
Saving money is a lot like dieting -- easy to understand but difficult to execute and follow through. Intellectually, you know that having that extra piece of pie or second helping of French fries is ...
read more3 Ways to Change Your Financial Habits
October 2, 2019 | Posted by: Jeremy Schaffner
Some financial habits are good, but others can hold you back and prevent you from saving. If you need to change your financial habits, it is important to take a step-by-step approach. This three-step ...
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