Private Mortgages in Canada: What You Need to Know Before You Borrow

Private Mortgages in Canada

A private mortgage is a non-traditional financing option, usually provided by individuals or companies rather than a traditional lender. These mortgages are often sought after by people who fail to authorize a traditional mortgage or need short-term financing or a quick influx of cash.  Let us get into what private mortgages are and why you … Read more

Going for a Second Mortgage: Pros and Cons

Second Mortgage

People start looking for a second mortgage when they already have a mortgage on the property they’re still paying off but don’t want to refinance the loan. Before deciding if a second mortgage is a right move for you, consider the fact that if a debt isn’t paid and the property gets sold, the lenders … Read more