So you are buying your very first home. This milestone in your life is thrilling and exciting but can also be stressful, disappointing and exhausting. And because this is your first home, we’re certain you would want it to be perfect for you in every way. That means you have to brush up your knowledge on home buying to make sure that you are moving in the right place and you’re wasting precious time in paying for your first time ....
Many home buyers in Calgary make the mistake of prioritizing scouting new houses first before processing their mortgage papers. We get it. Buying a new house is exciting. But before embarking on a quest for a new house, home buyers should first discuss their mortgage loan options with a lender or a mortgage broker. This step can give you an advantage when venturing out in buying a physical house. Getting a pre-approval for a mortgage prior to ..
You are ready to settle down into your permanent house but there’s one thing impeding your plans: the initial down payment. In the past, first time home buyers need to save thousands of money for a home down payment. It can take years of saving before you have enough money to buy a house you can call your own. But thanks to the Home Buyer’s Plan put up by the Canadian Government, that down payment problem is no longer a huge
Let’s face it, who doesn’t want the lowest mortgage rate? If you’re purchasing a new house, you’re probably on the lookout for not only the best space for you to live in but also the best mortgage rate that you will be saddled with for the next couple of years. The thought of struggling to pay mortgage each month and ending up with the house being up for foreclosure will send shivers down anyone’s spine. Mortgage rates differ from one lender to
So you want that sprawling property with a fetching house in your ideal neighbourhood in Calgary. You have a decent job and a steady stream of income. The only problem is that you have a bad credit standing. We all want the lowest mortgage rate but the plans of acquiring one can go down the drain when your lender pulls up your credit score and find that it’s below the ideal score. You can still get your mortgage but the rate would be different
Are you a homeowner in need of extra funds? You’re actually sitting on it – your house. Your house is a source of extra money through second mortgage. There are two types of second mortgages – home equity loan and home equity line of credit. You use your house in order to obtain a specific amount of money. With home equity loan, you are given a lump sum in one go, payable through monthly amortization and can be used with flexibility.
Home ownership is a dream everyone should be able to achieve, but it can be difficult, especially for entrepreneurs. Though being self-employed has many advantages in can make homeownership financially daunting prospect. We believe in breaking down the barriers that keep people from attaining their homeownership dreams. That is why we have created a mortgage program specifically tailored to self employed individuals. Whether you are ..
Most of us want to avoid going into debt, but sometimes it is necessary. Maybe you are investing in your child’s education or in need of the funds to pay for medical expenses. One of the most cost effective ways to lower your borrowing costs is to use the equity you have built up in your home. A home equity line of credit can offer you a lower interest rate compared to other types of loans, and gives you access to credit when you need it. …
Welcome to Canada! We understand that moving to a new country can be daunting, and we want to help you settle into your new home. As a newcomer to Canada you may be unfamiliar with our rules and regulations surrounding mortgages, but we are here to help. Tim Lacroix is one of Calgary’s top Mortgage Brokers. He and the rest of our team have been helping newcomers to Canada secure prime rates on mortgages so..
If you are a home owner, you have an extra source of fund you’re literally sitting on – your house. No, you’re not selling your house right now but tapping into its equity. The more useful renovations and improvements you have made into your house, the higher your equity is. You can use that as an extra source of fund through Home Equity Loan. Also called second mortgage, this loan allows you, the homeowner, to borrow some money by
Thinking about buying your first home? Feeling overwhelmed? Not a problem. Getting a mortgage on a new home doesn’t have to be a terrifying experience. Tim Lacroix and the rest of our team are experts with years of experience. We will help you achieve your homeownership dreams by helping you select a mortgage plan that is easy to digest. Every year we help dozens of people achieve their homeownership dreams in Calgary.
Whether you are looking for a weekend cottage or a property to rent out to others Tim Lacroix and his team will help you find the right mortgage for your needs and your budget. As always, you will want to talk to the best Mortgage Broker in Calgary, so call Tim Lacroix today. Along with the rest of our team Tim believes that there is a mortgage solution for everyone, regardless of their financial situation. Vacation Homes and Secondary Homes Is the home
For many people having poor credit seems like an insurmountable obstacle to homeownership, and can make it difficult to find a lenders that will approve you. However, that doesn’t mean you need to give up on your homeownership dreams. Tim Lacroix and the rest of our team believe that homeownership is a dream everyone should be able to achieve, regardless of their credit score. That is why we will work with you to determine the best mortgage for your ;