How to Improve Your Credit Score to Get a Better Mortgage Rate in Canada

Mortgage Tips Alex Seleznev 10 Apr

If you’re looking to get a better mortgage rate in Canada, it’s important to have a good credit score. Here are some tips to improve your credit score: Try to use less than 35% of your available credit: This means that you should try not to use more than 35% of the credit that you […]

5 Tips for First-Time Homebuyers to Secure a Mortgage

Mortgage Tips Alex Seleznev 10 Apr

5 Tips for First-Time Homebuyers to Secure a Mortgage Get a real pre-approval Getting pre-approved for a mortgage is an important first step in the home buying process. A pre-approval will give you an idea of how much you can afford to spend on a home. It will also help you determine what type of […]

A Comprehensive Guide to Mortgage Types for Homebuyers in the Greater Toronto Area

Mortgage Tips Alex Seleznev 10 Apr

There are many types of mortgage options available in Canada. These include: High Ratio vs Low Ratio Fixed Rates Closed Payments Convertible Mortgages Hybrid Mortgages Reverse Mortgages High Ratio vs Low Ratio mortgages are based on the amount of down payment you can afford. A high ratio mortgage is a home loan in which the […]

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