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Free Resources on Mortgage Types
October 30, 2024
Open vs. closed mortgages: what's the difference?
When it comes to paying off your mortgage, you need to decide between two payment structures: an open-end and a closed-e...Read more
August 27, 2024
Should you go with a fixed or variable mortgage?
Fixed-rate mortgages provide certainty, while variable-rate mortgages fluctuate. But there are pros and cons to each.Read more
April 27, 2023
What is a conventional mortgage?
The big benefit of a conventional mortgage loan is that you have immediate equity in your new home. Let's explore the in...Read more
March 30, 2023
What is a hybrid mortgage, and does it ever make sense to get one?
When it comes to selecting a mortgage, you're usually asked to choose between a fixed rate and a variable rate. But did ...Read more
March 2, 2023
What is a blended mortgage?
As a homeowner, you might decide to refinance your mortgage for various reasons, but this often comes with some stiff fe...Read more
July 21, 2022
Everything you need to know about reverse mortgages
For older Canadian homeowners, a reverse mortgage can be the perfect way to generate tax-free funds without sacrificing ...Read more
April 7, 2022
What’s the difference between A lenders, B lenders and private mortgage lenders?
Looking outside traditional lenders to qualify for a mortgage? It’s important to understand what’s involved and any ...Read more
March 8, 2022
What is a reverse mortgage and how does it work in Canada?
Eligible Canadian seniors can borrow up to 55% of their home’s value using a reverse mortgage. But there's a lot to co...Read more
September 8, 2021
What is an emergency mortgage, and how does it work?
An emergency mortgage is a last-minute, short-term loan. Mortgage lenders can withdraw their offer to lend homebuyers mo...Read more
August 31, 2021
What is a purchase plus improvements mortgage?
Sometimes referred to as a home improvement mortgage, a purchase plus improvements mortgage is a mortgage (the “purcha...Read more
August 26, 2021
The pros and cons of a collateral charge mortgage
A collateral mortgage is a type of readvanceable mortgage that enables you to borrow more money than the actual loan amo...Read more