Table of Contents Filipino Mortgage Tips Tips & Tricks For Filipinos Trying To Get A Mortgage What is a Paluwagan? A Paluwagan is a money saving system groups of people (usually Filipinos) use to save money for down payment on houses or vehicles. How Does A Paluwagan Work? Multiple people contribute a set amount of money into an account every month,...
Continue readingHow To Choose A New Home Builder? Draw Mortgage and Construction Mortgages
Table of Contents 11 Things to look for when choosing a New Home Builder Tips & Warnings Why Choose A Home Builder? One major factor of choosing a home builder is so that they can take the responsibility of building the home until you pay them. In most cases, you will share your desire or view a show home and the...
Continue readingPurchase Plus Improvement Mortgage | How To Get Money From The Bank To Renovate a Property?
Table of Contents Purchase Plus Improvement Mortgage | How to Get Money From The bank to renovate a property? What is The Purchase Plus Improvements Mortgage? It is a mortgage program that allows you to borrow the cost of a renovation with your mortgage. You can add the renovation cost to your mortgage amount with proof the renovation was complete. Normally...
Continue readingFirst Time Home Buyers Incentives Updates
Understanding the First Time Home Buyers Incentive The First Time Home Buyers Incentive, an initiative under Canada’s National Housing Strategy, is a crucial program aimed at easing the financial burden for first-time homebuyers. With skyrocketing housing prices across major cities like Toronto, Vancouver, and Victoria, many aspiring homeowners find it increasingly challenging to gather sufficient funds for a down payment. This...
Continue readingHow To Get A Mortgage? What Are The Banks Looking For?
Table of Contents How To Get A Mortgage? What Are The Banks Looking For? Owning a home is a dream for many, but navigating the mortgage approval process can be daunting. Banks play a critical role in determining whether you qualify for a mortgage and at what terms. Understanding what banks look for when you apply for a mortgage can...
Continue readingWeekly Mortgage Update Feb 28 2024
Table of Contents Mortgage Broker Update Feb 28 2024 In the fast-paced world of real estate, staying ahead of the curve is crucial. As a Realtor, you understand the importance of providing your clients with the best possible service and ensuring their dreams of homeownership become a reality. That’s why I’m excited to share with you the latest innovations and updates...
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