­

About admin

This author has not yet filled in any details.
So far admin has created 20 blog entries.

What You Need To Know About Alternative Personal Mortgage and Business Lending

‘Alternative lending’ is one of those buzz words that you’ve likely heard but may not know much about. In this article, we unpack what alternative lending is, how it functions, what is offered within alternative lending, and how to think beyond traditional bank lending. What is alternative lending? Alternative lending refers to a variety of [...]

By |April 2nd, 2018|Uncategorised|Comments Off on What You Need To Know About Alternative Personal Mortgage and Business Lending

What You Need To Know About The Canadian Mortgage Stress Test

It’s official. The Office of the Superintendent of Financial Institutions (OSFI) has released the final version of the new B-20 Guideline for the mortgage industry – effective Canada on January 1st, 2018. However, while most Canadians have heard “buzz” about these changes, many are struggling to understand how the new rules will impact their finances [...]

By |February 23rd, 2018|Uncategorised|Comments Off on What You Need To Know About The Canadian Mortgage Stress Test

8 Ways To Financially Recover from Holiday Overspending

Overspending during the holidays can put a crippling hold on your finances as you enter the New Year. While buying expensive Christmas gifts and indulging in Boxing Day sales may have felt good and “worth it” at the time, as credit card bill rolls in, and monthly bills pile up, we understand how overwhelmed Canadians [...]

By |January 24th, 2018|Uncategorised|Comments Off on 8 Ways To Financially Recover from Holiday Overspending

9 Things Canadians Should Know About Mortgages In Canada

So, you’re Canadian eh? Well, good news, we are too! Canadian through and through, our Mortgage Station team understands how mortgages work and function across our great nation. Although headquartered in Lefroy Ontario, our mortgage brokers provide solutions and advice across Ontario and beyond - to serve Canadians with the highest quality of mortgage service [...]

By |December 12th, 2017|Uncategorised|Comments Off on 9 Things Canadians Should Know About Mortgages In Canada

What Does It Mean To Consolidate Debt?

The process of consolidating debt aims to help individuals to pay off their consumer debts by taking out a new loan. This combines multiple debts into a singular pool of debt, which typically offers better pay-off terms that an individual would receive with multiple debt accounts. Why Consolidate Debt? People choose to consolidate their debts [...]

By |November 16th, 2017|Uncategorised|Comments Off on What Does It Mean To Consolidate Debt?

Mortgage Tips For Millennials

For millennials wrestling with the idea of purchasing a home in the New Year, feelings of fear and anxiety are to be expected. The reality is, young homebuyers are in a very vulnerable and difficult position, as they will face higher rates than the generations before them and many will have to simultaneously try to [...]

By |October 24th, 2017|Uncategorised|Comments Off on Mortgage Tips For Millennials

What Is A Reverse Mortgage

A Reverse Mortgage Is a loan available to seniors and is taken out against the value of a home. These funds are advanced in the form of either fixed monthly payments or a line of credit. Reverse mortgages allow seniors to use the equity they have built up in their home over time to defer [...]

By |September 15th, 2017|Uncategorised|Comments Off on What Is A Reverse Mortgage

How Credit Works

Uncovering the factors that impact your credit How does credit really work? We use credit all the time, and yet many of us are still unsure exactly how it works, how our scores are determined, or how good or bad credit can affect the many aspects of our financial lives. In laymen’s terms, your credit [...]

By |August 25th, 2017|Uncategorised|Comments Off on How Credit Works

9 Tips For First-Time Home Buyers

The buying process can be scary and intimidating, especially for first-time homebuyers – but it doesn’t need to be. At The Mortgage Station, we pride ourselves on being able to not only give experienced advice to new home owners, but to also walk them through the process - so that they can understand what they [...]

By |August 16th, 2017|Uncategorised|Comments Off on 9 Tips For First-Time Home Buyers

Why Do Mortgage Rates Rise?

Odd’s are you’ve heard buzz about Canada’s economy lately. What’s going on? The housing market is cooling down and mortgage rates are set to rise before the end of the year. Why? Because the Canadian economy is thriving and inflation is picking up – causing banks to raise interest rates. How does that affect Canadians? [...]

By |August 16th, 2017|Uncategorised|0 Comments