Private Lender Saves Winnipeg Couple from Losing Their Home

The Hopewell’s (not their real names) were only weeks away from losing their home to bank foreclosure. The Hopewell’s efforts to re-finance their mortgage were futile as the majority of banks, credit unions and finance companies will not knowingly finance an individual that is in foreclosure. The Hopewell’s managed to secure private financing through a…


Missing bill payments, late charges can put a black mark on your credit record.

So you’ve missed a couple of credit card payments over the years, maybe let your cellphone bill balloon a bit. It’s all ancient history, right? Sadly, no. Like that ill-advised photo on Facebook, your little financial indiscretions can haunt you for years. Credit-reporting agencies, such as Equifax Canada and TransUnion, collect detailed credit information that’s…


Banks hike mortgages by up to 25 basis points

TD Canada Trust and RBC are raising some of their fixed-term mortgage rates by as much as one-quarter of a percentage point, beginning Wednesday. Both bank’s five-year mortgages, one of the most commonly chosen by homeowners in Canada, will rise 0.25 of a percentage point to 5.44%. “Mortgage rates typically go up when bond yields…


Consumers get less choice now that the fix is in

The fix is in, when it comes to the Canadian mortgage market. New government rules, which kicked in this week, have taken away choice from many Canadians and will force them to lock into a longterm mortgage. Read more: http://www.financialpost.com/personal-finance/your-money/story.html?id=2931790#ixzz0mE3lEEHV


6 tips to improve your credit rating

Your credit is your gateway to getting anyone to lend you money. Keeping your credit score in the attractive zone for lenders is very important. Here are 6 tips to help improve your credit rating and increasing your score. We also have a few videos on how to improve your FICO score and how a…


Top 5 Reason to Apply for a Settlement Loan

This guide is designed to explain the top 5 reasons why someone in a pending lawsuit would want to apply for a settlement loan. A settlement loan is basically a cash advance on a possible settlement amount during a pending lawsuit. A settlement loan provider reviews the probability and merit of winning your current lawsuit…


How much home can you afford?

Want to know how much home you can afford to buy? First off, it depends on a number of factors. The most important factors are your gross income, your down payment and the mortgage interest rate. Your assets and liabilities are also factors in how much home you can afford. Use our Mortgage Affordability Calculator…


Bad Credit Home Refinancing Loan – How To Approach One Easily And Effectively

By: Julian Lim People who require a bad credit home refinancing loan has been rising recently these days. The main reason could be because of the impact of current bad international financial crisis. Such poor credit loans are fast becoming popular among consumers who have difficult times in meeting their financial needs. For people who…


Payday Cash Loans – Tips To Locate A Trusted Payday Loan Lender

By: arnoldfraizer Cash Advance Payday Loans will fix short term cash flow problems and are a helpful source to obtain quick money. Although these types of short term borrowing products are not the most economical form of borrowing, they are often a greater decision rather than taking on fees on things for example credit cards,…


What if you get denied at the bank?

David Grossman is licensed to arrange mortgages in Ontario, Canada. He answers many great questions in his videos and the biggest question people seem to ask is “What if I get denied at the bank?” David answers this question in depth in the video below. You can learn more about this and other mortgage and…