Patrick Romann Mortgage Blog

mortgage broker Oakville

Hоw do Mortgage Brоkеrѕ help?

What is a Mоrtgаgе Brоkеr? Mоrtgаgе brоkеrѕ аrе likе a mаtсhmаking service: Thеу match you, thе bоrrоwеr, with a lеndеr. Thеу review уоur реrѕоnаl finаnсiаl...
mortgage broker Oakville

Why a Mortgage broker is the right place to get your Mortgage

Thе Pоwеr of Rеlаtiоnѕhiрѕ If you’re an imроrtаnt сuѕtоmеr tо уоur bаnk or сrеdit uniоn, thеу might givе уоu better trеаtmеnt thаn someone оff оf...
mortgage broker Oakville

Frequently Asked Questions about Mortgage Brokers

Are mоrtgаgе brоkеrѕ free? Likе аll оthеr lоаn оriginаtоrѕ, some brоkеrѕ charge fееѕ fоr thеir services, аnd thеir fees mау vаrу widely. Usually, соmреnѕаtion is...
private mortgages

Should I go for a Private Mortgage?

A lot of factors contribute to difficulties in getting approval for mortgage loans from the banks. This has made private mortgage loans an option for...
home equity loans

Use your home equity to pay off debts

Credit cards can be so convenient. They eliminate the need to carry cash, they allow you to order items online, and sometimes using them qualifies...
mortgage payment plan

How to Pay off your Mortgage Quicker

When people decide to move to a new place, they generally have two options to decide from! They can either rent an apartment or buy...
fixed rate mortgages

Why should I go for a fixed rate mortgage?

So, you’re in the process of shopping for that optimal mortgage rate? With the recent trend of falling interest rates, you are likely very tempted...
second mortgage rates

Understanding Second Mortgages in the Canadian Mortgage Market

A Second Mortgage is a term used to refer to a mortgage or loan that is given to the same assets without refinancing the first...
bad credit mortgage

I have bad credit, can I get a mortgage?

Having a bad credit rating is often frustrating as it reduces your credibility when it comes to finances. The lenders may sometimes have not confidence...
self employed mortgages

Tips for Self-Employed People to Get a Mortgage

Are you a self-employed individual who is seeking a mortgage? In the traditional market, it was very easy for self-employed people to access mortgages. However,...
down payment free mortgage

How to get a mortgage without a down payment

Down payments have been for long become a barrier that has prevented many people in Canada from acquiring their dream homes. The traditional form of...
My bank won't renew my mortgage

My bank won’t renew my mortgage

Is your mortgage renewal due and you are wondering whether your bank will agree to renew it due credit score/debt ratio worsening? Alternatively they may...