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Blogs about: Vancouver Construction Loan

What Is a Pre Approval Really? Pre-Approvals Aren't All You Think...

merc359 wrote 3 weeks ago: We take many calls and hear anecdotal stories from clients about how they were “pre-approved … more →

Tags: Home Buyer Info, Potential Mortgage Pitfalls and Risks, Bank of Canada, bank of canada prime rate, Best Mortgage Rates, best rates in canada, canada best rates, canada foreclosure, canada pre-foreclosure

Basement Suite Income - How To Get it Used By the Bank

merc359 wrote 1 month ago: We take calls all the time from clients who want to buy a home with substantial basement suite incom … more →

Tags: Home Buyer Info, Potential Mortgage Pitfalls and Risks, Bank of Canada, bank of canada prime rate, basement income, basement suite, Best Mortgage Rates, best rates in canada, canada best rates

Vendor Takeback Mortgages - Why They Rarely Work in Canada

merc359 wrote 2 months ago: People call me all the time wondering if they can use a vendor take back mortgage on the purchase of … more →

Tags: Home Buyer Info, Mortgage Myths, private mortgage, vancouver mortgage broker, mortgage broker vancouver, Bank of Canada, Best Mortgage Rates, prime rate trends, Private Financing

Private Lenders - What Are they and What do they lend on?

merc359 wrote 7 months ago: Whenever someone wants a loan the bank won’t do, they call me and ask, “but don’t … more →

Tags: Home Buyer Info, Mortgage Types, Mortgage Myths, private mortgage, vancouver mortgage broker, mortgage broker vancouver, Bank of Canada, Best Mortgage Rates, prime rate trends

Cashbacks and Incentives can Have a Hidden Cost

merc359 wrote 1 year ago: In the current real estate market, with developers of new homes hoping to sell their inventory (or b … more →

Tags: Mortgage Types, Potential Mortgage Pitfalls and Risks, private mortgage, vancouver mortgage broker, mortgage broker vancouver, Bank of Canada, Best Mortgage Rates, prime rate trends, Private Financing

Private Mortgages - When to Use them and Why - Part 2

merc359 wrote 1 year ago: In the previous post I described why private mortgages cost more, why you would use them, and why th … more →

Tags: Sub-Prime, Home Buyer Info, Mortgage Types, refinance, private mortgage, vancouver mortgage broker, mortgage broker vancouver, Bank of Canada, Best Mortgage Rates

Private Mortgages - When to Use them and Why - PART 1

merc359 wrote 1 year ago: “Twelve Percent!” the client screamed into the phone, “that is highway robbery! … more →

Tags: Sub-Prime, Home Buyer Info, Mortgage Types, refinance, Home Seller Info, private mortgage, vancouver mortgage broker, mortgage broker vancouver, Bank of Canada


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