NEW FIRST-TIME HOME BUYER INCENTIVE PLAN The First-Time Home Buyer Incentive helps first-time homebuyers without adding to their financial burdens. Eligible first-time homebuyers who have the minimum down payment for an insured mortgage can apply to finance a portion of their home purchase through a shared equity mortgage with the Government of Canada. The First-Time Home Buyer Incentive launches […]
Commercial mortgages are mid-term loans made using business or commercial real estate to secure payment. The proceeds from a commercial mortgage are typically used to acquire or redevelop commercial property. You can also bridge the arrival of longer term financing from a conventional institutional lender or to provide time to value-enhance a project or property […]
Time is of the essence if you are in arrears with your existing lender, and/or you have been served with a Statement of Claim. Contact me by applying online, or phone immediately. Acts of default under a mortgage may include- Failing to make mortgage payments, Allowing significant damage to the property, Failing to insure the property, Failing to […]
As Equity Lenders and Mortgage Brokers, Canada West Mortgage is primarily concerned with the value of the real estate that is securing its loan. As such, ALL property types and situations will be considered, even if your credit is bruised. If you have bad credit, or no credit, you can still secure mortgage financing. We […]
Borrowers who may not fit the rigid restrictions of traditional lending institutions may find that a home equity loan is the best way to secure financing for purchasing a property, refinancing, or consolidation of debts. Chances are the value of your home has increased since you bought it. A home equity loan can get you […]
Over the past couple of years, it has become increasingly difficult to get a mortgage for self-employed clients, and the move by the CMHC to limit its insurance coverage to those without income validation will only make things harder. Related Article – The Home Buying Process Self-employed borrowers still have access to mortgages with down […]