830
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Why Do A Home Equity Line Of Credit?
Need money for education costs? Need to buy a car? Want to put an in-law suite onto your home? Whatever the reason, you need a large sum of money in a short time frame, right? Well, forget about costly things like personal loans and high-interest credit cards. When you’re a homeowner there’s no need to take on borrowing methods that are only going to cost you more in the long run. A home equity line of credit is just one of the options available to you, and many homeowners just like you are find
Posted on Nov-24-2011
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What Should I Expect When I Meet With a Mortgage Broker?
Congratulations! Not only are you about to embark on the exciting journey of buying a home, refinancing, or getting a second mortgage, you’ve chosen a mortgage broker to do it! That’s one of the biggest steps you’ll make in making sure that you get the deal that’s right for you. But now that you’ve made the decision, and maybe even decided on the mortgage broker you’re going to use, what can you expect the first time you go to meet with them?
Posted on Nov-24-2011
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871
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What Could Go Wrong Without A Mortgage Broker?
Plenty. Wading into the complicated and insular world of residential mortgages without a mortgage broker is like defending yourself in a murder trial. Without a mortgage broker, you’re a minnow in the shark tank: easy prey. Don’t be a victim to the big banks.
Posted on Nov-24-2011
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What Can A Mortgage Broker Do For You?
When it comes time for you to apply for a home loan, you might find that you have two main options: going through a mortgage broker or going to a bank. While both will help you get a mortgage, the biggest difference comes into play when it comes to the type of mortgage you’ll receive; and whether or not it will actually be the best deal for you.
Posted on Nov-23-2011
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Toronto Second Mortgages Mean Cash in Your Pocket
We all have moments where a little extra money would go a long way. Job loss, pressing repairs around the house, and other situations that require a little more money than you currently have at your disposal happen to everyone. A second mortgage allows you to use the equity in your home to put extra cash in your pocket.
Posted on Nov-23-2011
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685
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The Wisdom of the Second Mortgage
Circumstances in life can change unexpectedly, and in seconds. When it rains, it pours and it’s always good to have your umbrella on you when it does; it’s always better to be prepared. When it comes to your personal finance there’s no exception. In fact, this is the one time that you can’t make an exception. What would happen if you lost your job tomorrow? What if your home needed urgent repairs?
Posted on Nov-13-2011
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764
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Second Mortgages Mean Cash in Your Pocket
We all have moments where a little extra money would go a long way. Job loss, pressing repairs around the house, and other situations that require a little more money than you currently have at your disposal happen to everyone.
Posted on Nov-13-2011
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765
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Do You Need a Mortgage in Toronto?
If you need a mortgage in Toronto, talk to a mortgage broker right away. The sooner you meet with a mortgage broker, the sooner you can buy a new loan, refinance an old one, or put your home equity to work with a home equity loan.
Posted on Nov-04-2011
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Do You Need A Mortgage In Canada?
Are you considering buying a home in Canada in the near future? Is your current mortgage rate sky high and inhibiting your ability to lead a satisfying life? Do you think all that home equity sitting in your house doing nothing could be put to better use? Do you have any pressing financial needs or concerns? Education expenses? Joblessness? Medical concerns? Any other financial worries? Or maybe you’d just rather be prepared for those inevitable rainy days? You probably need a mortgage.
Posted on Nov-04-2011
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821
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Canadian Mortgages Are Available
If you need a mortgage in Canada, you need to talk to a mortgage broker right away. The sooner you meet with a mortgage broker, the sooner you can get a new mortgage loan, refinance an old one, or put your home equity to work with a home equity loan. And most importantly, a mortgage broker will be able to advise you on which one of these choices is right for you.
Posted on Nov-03-2011
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Canadian Second Mortgages Mean Cash in Your Pocket
‘I’ll have to take out a second mortgage on my home.’ That’s what people used to say when there was an impossible financial situation, and they were out of options. But that’s no longer the case. And as people start to understand just how many benefits come with a second mortgage, the more popular they’re becoming!
Posted on Nov-03-2011
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Read Your Second Mortgage Contract
Some people are so excited when they are presented the contract for their second mortgage that they fail to read it. It is extremely important to always read the contract before you sign it because you need to know exactly what is expected of you and what the consequences will be if you default on your loan. If you are guilty of this, you need to restrain your enthusiasm and read each paragraph of your contract.
Posted on Oct-30-2011
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What is a 2nd Mortgage?
Many homeowners have received phone calls and mail inviting them to take advantage of lower interest rates on a 2nd mortgage. However, they may not have a clear understanding of 2nd mortgages. After all, what is a 2nd mortgage? Does it mean you’re buying your home all over again? How does it work and what is it for? A 2nd mortgage is a loan that is secured by your home and is secondary to the first mortgage on the property.
Posted on Oct-30-2011
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