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Wondering when did mortgage brokers start? A mortgage broker, in layperson terms, is any intermediary that works with buyers and lenders to ensure that the borrower gets the best deal. This is done by an intricate and detailed process. The mortgage broker has to gather all of the... Read More →

If you are looking to buy a house in Canada, then you must have heard about mortgage brokers by now. Earlier on, people used to go to the banks directly to get a mortgage loan. Now, they have the option of hiring a broker. But before you start looking for one, you must ask what... Read More →

Wondering how to find a Mortgage Broker in Canada? A mortgage broker is someone who helps you secure a loan when you are ready to buy a house. They are not the actual lender. Rather, they act as an intermediary between lenders and people, like you, who are looking to borrow.... Read More →

Wondering “Can you get a mortgage if you are Bankrupt?” In bankruptcy, it may seem like all of your options have closed up. Banks may turn you down or brokers may send you back. Well, don’t lose hope. It may seem unbelievable, but you can still get a mortgage even if... Read More →

We all get a little too cautious when it comes to making some serious decisions involving loans, credits, finances and mortgages. One question is ” Should I get my mortgage through a Mortgage Broker or the Bank ? ” An error in judgment can get you deep in trouble and... Read More →

Since the Canadian tax code tells us that interest on a mortgage for a private home is not tax deductible, are mortgages tax deductible may seem like its impossible to achieve legally. But there is a way!               It is possible to make your mortgage tax deductible, but... Read More →

For most of us, the mortgage payment is the most important payment each month, and having a great credit score in doing so is ideal. But do mortgages show on credit report , and if not, why isn’t it being reported?   There are a few possible reasons that can have you... Read More →

Are you thinking of possibly moving to Canada from another country, and looking into homes for you and your family to reside, while also wondering, are mortgage rates going up in Canada. Possibly you are already a citizen residing in Canada, looking into purchasing a home and... Read More →

The rules for tax deductions in Canada can be frustrating to some when comparing the tax deduction law in the U.S. But the question, are mortgages tax deductible on rental properties, is one topic that is a positive in Canada!               Mortgages for the purpose of buying... Read More →