The latest from the team at Patching Mortgage
Have you considered refinancing to pay off debt?
With the high cost of holiday gift-buying and entertaining now behind you, this may be the perfect time to get the New Year off to
Why Use a Mortgage Professional
There are generally two ways to get a mortgage in Canada: From a bank, or from a licensed mortgage professional. While a bank only offers
It’s not all about the rate
It’s easy to get caught up in the idea that comparing mortgage rates will guarantee you get the best bang for your mortgage buck. While
Choosing Your Mortgage Amortization
Selecting the length of your mortgage amortization period – the number of years it will take you to become mortgage free – is an important
Transition from a Renter to Home Owner
Transitioning from renter to homeowner is one of the biggest decisions you’ll make throughout your lifetime. That’s why it’s essential to surround yourself with a
Getting a Mortgage Pre-Approval
If you are looking for a new home, be sure you are pre-approved. With a mortgage pre-approval, a licensed mortgage professional can do a more
All the Single Ladies
It’s becoming increasingly apparent that a greater number of women are now taking the reigns when it comes to home purchases. There’s a growing trend
Mortgage Action Plan
Only 32% of all mortgage borrowers exercise their contractual right to make significant efforts to accelerate repayments, including taking one or more of the following
Buying versus Renting
At some point in their lives, most Canadians have probably asked themselves whether it is better to buy or rent a home. And purchasing a
Advice for credit challenged clients
In today’s economic climate of tighter credit requirements and increased unemployment rates taking their toll on some Canadians, there’s no doubt that many people may
10 questions Mortgage Borrowers should ask but often don’t.
1. If I have mortgage default insurance do I also need mortgage life insurance Yes. Mortgage life insurance is a life insurance policy on a
10 Most Commonly Asked Mortgage Questions
10 Most Commonly Asked Mortgage Questions 1. What’s the best rate I can get? Your credit score plays a big part in the interest rate