by Rakhi Madan | Jul 15, 2016 | First Time Home Buyer, Purchases, Refinance |
The two ways to register a mortgage in Canada on title are a Standard Charge or Collateral Charge and it is important for borrower to know the difference. A Standard Charge was used by all lenders until about 6 years ago and being informed of the differences in the...
by Rakhi Madan | Jul 8, 2016 | First Time Home Buyer, Purchases |
A question I often get asked as a mortgage broker in Toronto and Brampton is “What is mortgage default insurance?” Before I give the answer, let me first explain the two types of mortgages. There are two types of mortgages and the amount of money you are able to put...
by Rakhi Madan | Jun 18, 2016 | First Time Home Buyer, Purchases |
You’re ready to purchase a home and while it’s entirely possible to purchase a home with a smaller down payment of 5% or even 10%, there are good reasons for gathering as much money as possible when home buying. Three big reasons why a bigger down payment are: Putting...
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...
