Finding financing for a real estate investment, land deal or show home can be challenging to nearly impossible with a traditional bank. However, there is money out there, and it’s not illegal. There are many reputable private lending firms and even private individuals that will lend to clients with untraditional purchases or circumstances.
November 29, 2010
Alberta is used to being #1 when it comes to the economy. Over the years leading up to the 2009 recession, the province was racking up a series of top honors. But coming out of the recession, Alberta still holds one not-so-flattering #1 position: the most lagging job market.
November 29, 2010
Canada's annual inflation rate jumped to 2.4 per cent in October, its highest level in two years, as Canadians were hit with price hikes for most things from gasoline to cars, shelter and food. Article by By Julian Beltrame, The Canadian Press
November 18, 2010
Having processed hundreds and helped our team process literally thousands of transactions in my career, I’ve come across so many different situations and it goes almost without saying that everyone’s situation is unique. Even more so, it’s important to note that as many things that this guide will educate you about mortgage products and the ‘right’ things to do to successfully obtain mortgage financing, there are also a few pitfalls that I’m happy to be able to help you avoid as well. Here’s a list of a few of the things that I’ve experienced in my career in helping clients with their mortgage needs…
November 16, 2010
A common misunderstanding among many clients is that a pre-approval by a lender gives them the ‘OK’ to start house-shopping, and guarantees that they can purchase a new home. Oftentimes, this is NOT the case.
November 12, 2010
Trimor Home Finance has a fantastic opportunity to save YOU thousands of dollars on your mortgage!
November 12, 2010
Canadians plan to take longer to pay off their mortgages, maybe even 35 years, but they don't expect it to affect their retirement plans. Something in that plan just doesn't add up.
November 1, 2010
With the recession still lingering in today’s real estate market, a big challenge affecting many is what to do when their existing home has not sold and they have committed to purchasing a new one. Can you still qualify for the new home? There are flexible options when this predicament arises – all depending on the equity that you as the borrower may have in your personal financial world.
October 19, 2010
In addition to the provincial and municipal rebates that you may be eligible for when you upgrade your home (windows, furnace, roof, etc...), you could also save on your mortgage default insurance premiums if you buy a green home or upgrade your current one?
October 12, 2010
Considering that at the 'heart' of what we do is to help clients become financially free (or at least better off from a net worth perspective), it's a bit ironic that we help clients acquire property via mortgage loans... That's only step 1. Step 2 is really educating borrowers on how to pay their mortgage off before their contract says they can. Here are four small-but-effective ways that you can save on your mortgage beyond just having a low rate:
December 2, 2010