FAQ Section

Frequently-Asked-Mortgage-Questions

Frequently Asked Mortgage Questions

Mortgage FAQ Why use a Mortgage Broker? What is the Home-buyers Plan? Do I qualify for 5% down payment program? What Should I expect for closing costs? Private Mortgage FAQ: How to get a private mortgage? How does Private Mortgages work in Canada? When or Why would you apply with ...
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PRIVATE-LENDING-FAQ

FAQ Ebooks

FREE Guides Available for Download ...
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Foreclosure-Process-in-Alberta

Foreclosure Process by Province

Select the appropriate Foreclosure Process Downloadable PDF based on your Province ...
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IPR-Agreements-FAQ

Understanding IPR Agreements: FAQ

When it comes to setting up IPR agreements, there are several common questions that we get from our clients. We’ve put together this page to help clients find basic information as they start exploring the process. If you have other questions, reach out to our mortgage specialists so that we ...
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faq-ebooks

Asset Secured Loans / Title Loans: FAQ

Q: What documents do applicants need to provide? A: Applicants need to be able to show steady income. That means at least two pay stubs, a verification letter from an employer or something similar. Proof of residents, such as a mortgage or lease, two different forms of government-issued identification and ...
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Reverse-Loan-Mortgage

Reverse Mortgage FAQ, Myths, Pros Cons

Reverse Mortgages FAQ: Reverse Mortgages Pros & Cons Reverse Mortgages Myths: Pre-Qualify for Reverse Mortgage: Reverse Mortgages FAQ: Here are some common questions that people ask about reverse mortgages. What is the minimum credit score to qualify for a reverse mortgage? Banks don't give your credit score as much scrutiny ...
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Private-Mortgage-Lending-Questions

Private Mortgage Lending Most Common Questions

12 OF THE MOST COMMON QUESTIONS REGARDING PRIVATE MORTGAGE LENDING 1. What is the contract interest rate? 2. Are there any upfront fees? 3. What is the Loan-to-Value (LTV) that you can finance against my property? 4. What are the pre-payment penalties? 5. What are the fees associated with getting ...
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Get approved for a mortgage

PRIVATE 2ND MORTGAGE FAQ

15 OF THE MOST COMMON QUESTIONS REGARDING PRIVATE 2ND MORTGAGES 1. What is the Difference between a Second Mortgage and a Home Equity Line? 2. Do I have to get my second mortgage from the same company as the first mortgage? 3. Can I get a Second Mortgage without Refinancing ...
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Land-Loans

8 MOST COMMON FAQ REGARDING LAND FINANCING

1. How much down payment is required to buy land in Canada? 2. How do I purchase land? 3. What is the Loan‐to‐Value (LTV) that you can finance against my property? 4. How do I avoid land transfer tax in a land sale? 5. What documentation will I need to ...
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Rent-to-Own-FAQ

Rent-to-Own, Lease-to-Own FAQ

Great Questions to Ask Yourself before Entering Any Rent-to-Own, Lease-to-Own, or like agreement. Q. Is the initial contact made by a consultant, such as by an unsolicited phone call, letter, or e-mail? We always suggest that if you receive a call like this, you confirm how the company received your ...
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Is-Foreclosure-Looming

Is Foreclosure Looming? Here are the Actions to Take – Common Foreclosure FAQ Answers

Is Foreclosure Looming? Here’s What to Do…And What NOT to Do Answers to some of the most common FAQ surrounding Foreclosure and Foreclosure Prevention If you’ve just gotten a letter from your mortgage lender indicating that foreclosure proceedings are imminent, chances are you’ve been stressing out about your financial situation ...
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