Tag: Bruised credit

My #1 financial tip? Give yourself (good) credit!

February 22, 2016 | By | 1 Comment

First: me, blogging about finance? My blogging on this site sometimes feels a bit uncomfortable. I hate that I might sound “preach-y”, or worse, bossy (something I’m kinda sensitive about, being the oldest child of four). And in reflecting on what my # 1 financial tip would be, who do I really think I am, trying to come […]

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What are B lender mortgage rates?

February 15, 2016 | By | 1 Comment

How much do alternative lenders charge? If you’ve considered a B lender, chances are you’re worried about how much exactly you would need to pay.  In my experience, people often get alternative lenders confused with private lenders, which is an entirely different group of mortgage lenders.  In fact, B lender mortgage rates are typically much less than people […]

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7 tips for mortgage after consumer proposal

February 1, 2016 | By | 5 Comments

Getting a mortgage after a consumer proposal? If you’re like most people, getting a consumer proposal feels like a big relief at first. You want to get this thing done and then move on with your life. But the moving on can become very frustrating because potential new creditors, such as when you want to […]

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What is a private mortgage? Another entry in the mortgage glossary

November 16, 2015 | By | 6 Comments

What is a private mortgage and why might you want one? A private mortgage is one that is offered by an individual or a company who is not a mainstream or alternative institutional lender.  The private lender is willing to lend money out to borrowers who have equity in their property, need financing for a […]

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Overwhelmed by debt? Denial can hurt you more…

September 16, 2015 | By | 1 Comment

Waiting to deal with debt can hurt you The CBC published a great article a while back, entitled “Debt’s Dirty Dozen Danger Signs“.  The article highlights an issue we mortgage brokers come across all the time.  That is, people waiting too long to ask for help. A mortgage consolidation can give you financial breathing room If you […]

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Fixing your credit after bankruptcy

June 8, 2015 | By | 7 Comments

Mortgages and financing after bankruptcy One of the most common situations I encounter when talking to my post-bankruptcy clients is a lack of re-established credit. With our alternative lenders, I can get good rates for people with past credit challenges, even if there’s a bankruptcy or consumer proposal in the picture, but if there is […]

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Fall in love with your mortgage

February 14, 2015 | By | Add a Comment

Resent your mortgage? Or worse, are you a little afraid of it?  You’re not alone.  Most of us see the mortgage as this giant debt that is our single biggest monthly expense, and there’s not much that seems good about it. How can you appreciate your mortgage? Simple.  Get to understand it better. If you have […]

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Bad credit? Mortgage options you should know about

January 9, 2015 | By | Add a Comment

Worried that your bad credit might stop you from getting a mortgage? You’re not alone – many people have credit issues in the past, and it can definitely make it hard to get a mortgage on your terms. That said, it doesn’t mean you won’t get one, nor does it mean that you’re stuck with that […]

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