Confused about collateral mortgages? Learn how they work and if one fits you with the mortgage brokers in Calgary & Edmonton at Mortgage Connection. […]
What Is a Collateral Mortgage?
What Is Conventional Lending?
Confused by conventional lending? Learn about down payments and default insurance with mortgage brokers in Calgary & Edmonton at Mortgage Connection. […]
What Happens When You Pay Off Your Mortgage in Canada?
After your final mortgage payment, remember to update your homeowner’s insurance, confirm the property title is in your name, and plan how to use your extra funds. […]
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Can You Pay Off Your Mortgage at Renewal Without Penalty?
Curious about paying off your mortgage? Discover lump sums, full payouts, and discharge steps with Mortgage Connection, mortgage brokers in Calgary, Alberta. […]
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Home Equity Line of Credit vs Refinancing: Which Is Right for You?
Unsure how to access your home equity? Compare HELOCs, refinancing, and the 2% rule with Mortgage Connection, your mortgage brokers in Calgary, Alberta. […]
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What Happens If Your Mortgage Renewal Is Denied?
Despite all your planning, your renewal might decline. Although figuring out the next steps can feel unsettling, it’s not the end of the road. Here’s what to do next:Â
Stay calm & reassess
Explore other lendersÂ
Improve your financial profileÂ
Seek an exception or negotiationÂ
Consider alternative mortgage options
[…]
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Can You Lock in a Variable Rate Mortgage?
Key Takeaways Locking in a Variable Rate Mortgage Variable-rate mortgages can be appealing when interest rates are low because they can allow you to pay off your mortgage faster. You may choose a variable rate when renewing your mortgage or as a first-time buyer finding the right mortgage for you. Variable rates offer more flexibility […]
The Pros & Cons of Refinancing Your Mortgage
Considering mortgage refinancing? Learn about lower rates, extra fees, and timeline changes with Mortgage Connection in Calgary and Edmonton. […]
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Mortgage Insurance vs Life Insurance: What’s the Difference?
Confused by mortgage vs life insurance? Discover payouts, coverage shifts, and flexibility with Mortgage Connection, mortgage brokers in Calgary and Edmonton. […]
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Everything You Need to Know About an Investment Property Mortgage
The main reason for these differences is that lenders view an investment property as a higher-risk loan since you do not live there. […]
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