by Frances Hinojosa | Jun 11, 2021 | Blog, Homeownership, Mortgage
Every time your mortgage renewal date is approaching – every five years, on average, depending on your specific term – it’s important to get your mortgage agent negotiating on your behalf. You should start the process 3-4 months in advance to give ample time to get...
by Frances Hinojosa | Jun 4, 2021 | Blog, Economy, Homeownership, Mortgage
If you’re applying for a new credit card or even a job, taking out a loan or buying a new vehicle or home, a credit check will most likely be conducted to determine your creditworthiness. This helps determine if you’re dependable and able to pay back money you borrow....
by Frances Hinojosa | May 28, 2021 | Blog, Economy, Finance, Homeownership, Mortgage
A recent Equifax survey of Canadian consumers shows 40% feel that mortgage fraud is a growing problem. Even more unsettling is that 9% admit to not having been entirely truthful on their loan applications, and a similar number believe it’s acceptable to falsely report...
by Frances Hinojosa | May 7, 2021 | Blog, Homeownership, Mortgage
The federal government introduced a number of relief measDid You Defer Payments? Be Sure to Check Your Credit!rd payments for a set period of time. At the end of the deferral agreement, payments returned to normal and the deferred amounts were added to the mortgage or...
by Frances Hinojosa | Apr 16, 2021 | Blog, Finance, Homeownership, Mortgage
When buying a home, mortgage financing requirements are subject to lender approval, which is based on certain conditions including an appraisal of the property. The appraisal is conducted by a licensed, professional real estate appraiser who provides an evaluation of...
by Frances Hinojosa | Mar 26, 2021 | Blog, Economy, Finance, Mortgage
Will you be buying another home in 2021? If so, you’ll likely want to use the proceeds from the sale of your current home to purchase the new one. But, coordinating the timing of both transactions can be tricky, particularly if the closing date of the sale is set to...
