Different Types of Mortgages
Just like there are different types of apples, there are different types of mortgages in Canada. When it comes to mortgage types, there may not be 7500 types like them apples however, there are nine different options we look at in this mortgage blog. Some are a little sour and some are sweet but all in all, there is a little something for many mortgage shoppers. Let’s take a closer look at what is the best type of mortgage to get in Canada
How does a Second Mortgage work?
Many homeowners have built equity in their home as a result of appreciation over recent years. As a result, qualifying for a second mortgage has become a little easier over time. A home owner’s personal income or credit history are always important factors but in this case, the available home equity is a major consideration.