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Additional Mortgage Options / Definitions

High Ratio Mortgage Canada

The high ratio mortgage in Canada is a great way to get into your house sooner and begin building equity …
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Open vs Closed Mortgages

Open vs Closed Mortgages Knowing the best loan for your needs is not always easy, but the first thing you …
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Vendor Take Back Mortgage

What is vendor take back mortgage? Take Back Mortgage Definition:A vendor take back mortgage which is also know as a …
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What is a Collateral Mortgage

In Canada, the collateral mortgage is a specific type of loan that you may (or may not) want attached to …
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Bridge Mortgage Financing

Bridge Financing And Your Mortgage So you’ve been plugging away at your finance job in Calgary for five or six …
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Flex Down Mortgage

What is a flex mortgage loan? Here’s how a flex down mortgage works. If you’re looking to buy a home …
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Hard Money Commercial Lenders

How to obtain commercial hard money loans for commercial real estate When it comes to finding a commercial hard money …
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Hard Money Residential Loans

Hard money loans are granted on the basis of the collateral asset rather than the credit of the borrower himself …
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Jumbo Mortgage Definition

An Overview of Jumbo Mortgages Jumbo Mortgage Definition: A “jumbo” mortgage is a mortgage in an amount higher than their …
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Variable Rate Mortgage Canada

Understanding the Variable Rate Mortgage in Canada When you are taking out a mortgage for your new home, one of …
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What is Mortgage Interest

What is Mortgage Interest? In the current real estate market, one of the most popular topics is the interest rate …
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What is Mortgage Principal

What is Mortgage Principal? When you start making mortgage payments, you’ll notice that it splits into two portions: interest and …
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Daniel K. Akowuah | Mortgage Professional / DLG Underwriter
Toll Free: 1(877)756-1119 | PH:1(780)756-1119 | FX:1(877)238-7794
 DLC Brokers for Life Inc. (Brokerage) - 2nd Floor, 5303 91st Edmonton, AB T6E 6E2

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