Purchasing or refinancing a home is an exciting endeavor, but it can be complex, especially when your reported income doesn’t fully reflect your financial capabilities. If you’re someone with high revenue but low reported income due to expenses and write-offs, you might be wondering how to navigate the mortgage process effectively. In this blog, I’ll guide you through strategies to secure a mortgage that considers your actual financial prowess.
 

For homeowners, the mortgage renewal process is a crucial juncture that presents opportunities to reassess and optimize your financial strategy. Whether you’re a first-time renewal or a seasoned homeowner, understanding the ins and outs of mortgage renewal can empower you to make informed decisions. In this blog, I’ll walk you through the step-by-step guide to navigating the mortgage renewal process.
 

Original Article Source Credits: Financial Post, https://financialpost.com/

Article Written By: Fergal Smith and Noor Zainab Hussain

Original Article Posted on: 2nd March 2021

Link to Original Article: https://financialpost.com/real-estate/mortgages/canada-mortgage-rates-edge-higher

One of the most important steps in fulfilling your dream of homeownership is successfully obtaining a mortgage. While there are many different places where a buyer can secure a mortgage from, deciding where to secure financing and the type of financing to use can be quite confusing.

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