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Can’t Get a Bank Mortgage? How Do Private Mortgages Work?
Not everyone can qualify for a mortgage these days. Government regulations targeting down payments, investment properties and high-ratio buyers mean that more Canadians won’t qualify for a home loan.
Read moreFour Ways to Avoid Private Mortgage Insurance
“A mortgage is expensive enough, right? So you definitely don’t want to be paying more than you have to on it. But, you might have to if you require private mortgage insurance. Private mortgage insurance is insurance that covers the lender should you default on the loan. It really holds no benefit to the homeowner,…
Read moreWhat are Private Mortgages?
If you’re looking to own a home, you need to go to a bank in order to get a loan, right? Well, not necessarily. In some cases, you might find a seller that is willing to offer you a private mortgage. And depending on your situation, it might be just the thing for you.
Read moreLending Money To Friends & Family? Be Careful.
Looking to Borrow Money From Friends and Family? Think Twice and Consider All of the Non-Monetary Costs Involved Before You Jump In.
Read moreHow to Get a Private Mortgage
Compare Private Mortgages with Different Vendors to See Which One Best Suits Your Needs.
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