by Rakhi Madan | Jun 11, 2016 | First Time Home Buyer, Purchases, Refinance, Renewal |
Having a clear understanding of the difference between a term and the amortization period is an important first step to choosing a mortgage. As an experienced mortgage specialist, clients can rely on myself to answer these questions about the basics of mortgage...
by Rakhi Madan | Mar 21, 2016 | First Time Home Buyer, Purchases |
Located on the Northwest shores of Lake Ontario, Toronto is the most densely populated city in Canada, a city with much to offer locals and visitors alike. Enjoy live theater, a vibrant nightlife, explore eclectic shops, restaurants, how about a rollercoaster ride at...
by Rakhi Madan | Mar 1, 2016 | Purchases, Refinance, Tips |
Situated on the northwest shores of Lake Ontario, Toronto Ontario is the most populous city in Canada and a prominent center for music, theaters museums and many festivals. Residents from the suburban community of Brampton, Ontario are able to enjoy all the culture...
by Rakhi Madan | Feb 23, 2016 | Purchases |
Whether you are selling your home or looking to purchase, an assumable mortgage may benefit you. The basic premise behind an assumable mortgage is that the buyer of a home is able to take over the mortgage that the seller currently possesses. It may be possible for...
by Rakhi Madan | Nov 30, 2015 | First Time Home Buyer, Purchases |
If a buyer can’t obtain a mortgage due to poor credit, employment history, lack of down payment or income — most lenders will consider lending if there is someone to act as co-signor or guarantor for a mortgage. The two options provide different requirements....
by Rakhi Madan | Nov 27, 2015 | First Time Home Buyer, Purchases |
A “Gifted” Down Payment is very common for first time buyers. Essentially, a buyer’s family member (usually very nice, warm and loving parents) will offer up money to go towards the down payment. Often this is done because their son or daughter doesn’t quite have...
