For those applying for their first ever home loan, preparing for a meeting with mortgage broker services can seem intimidating. Meeting with your broker for the first time doesn't have to be a nerve-wracking experience, however. Here are a few ways you can prepare for your first meeting with your mortgage broker.
Being denied for a debt consolidation loan can be frustrating, but there is usually a good reason why an application has been declined. Here are the top reasons why lenders refuse applications for debt consolidation loans.
Mortgage refinancing can be a great way to lower your monthly mortgage payments but obtaining a new home loan isn't right for everyone. Before you refinance, consider the following advantages and disadvantages of applying for a new mortgage to replace your current one.
There are many misconceptions surrounding home equity loans. Below, we'll look at the most persistent myths about this type of lending and explain why they are untrue.
When shopping around for a mortgage, it's easy to view mortgage broker services as an unnecessary expense, but these services are actually free. There are, however, several very good reasons to enlist the help of an expert during the mortgage application process. Here are a few ways a mortgage broker can assist you in purchasing your dream home.
People who are self-employed face unique challenges in getting approved for mortgages. One reason for this is because most self-employed individuals minimize their reported income for tax purposes. This can be great for saving money, but not so great when applying for a self-employed mortgage, as most lenders use a borrower's income as a prime indicator of an applicant's ability to repay their loan. Fortunately, there are a few steps you can take to improve your chances of getting approved for a self-employed mortgage. Here are three ways to make your mortgage application more attractive to banks, credit unions, and other prime lenders.
If you're finding it difficult to pay down your student loans, it may be time to consider debt consolidation. A deb consolidation loan is a type of refinancing that involves taking out a single loan to pay off multiple debts. Here's what you need to know about paying your student debt off with a debt consolidation loan.
Mortgage refinancing can be a great way to reduce your monthly mortgage payments and pay off your home loan faster, but there are times when refinancing isn't the best idea. Below are a few things to consider when deciding if now is the right time to refinance.
Mortgage lending specialists are an underutilized service in the mortgage application process. After all, homeowners already have closing fees and legal costs to consider -- why add a seemingly unnecessary service to the mix? Below are three good reasons to consider working with a Sherwood Park mortgage broker when applying for or refinancing a loan for your Sherwood Park home.
More and more homeowners are turning to mortgage refinancing in order to meet their financial goals. Refinancing is an important decision to make, however, so it's important to know exactly how it will impact your financial situation. Here's what you can expect from mortgage refinancing.