Mortgage Blog

Making Sure your Mortgage Fits

Category: Personal Finance (11 posts)

3 Simple Ways to Repair Your Credit

3 Simple Ways to Repair Your Credit

April 2, 2020 | Posted by: Simon Lyn

For many Canadians looking to purchase a home, bad credit scores stand in the way of getting a mortgage. Most lenders prefer your score to be 650 or higher. If they do allow for lower credit scores, i ...

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How to Maintain a Good Credit Rating Throughout the Year

How to Maintain a Good Credit Rating Throughout the Year

August 22, 2019 | Posted by: Simon Lyn

If you want to make it easier to get an auto loan, mortgage, or new credit card account, you need to maintain a good credit score. It's easy to do so, particularly if you follow the tips presented her ...

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Can You Afford to Buy a New Home?

Can You Afford to Buy a New Home?

July 25, 2019 | Posted by: Simon Lyn

Is Purchasing a New Home in Your Budget? If you're throwing your hard-earned money away on rent each month, putting that same amount towards your own home could be an incredible advantage. However, i ...

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Credit Card Debt vs Mortgage Debt: Which Should You Pay Off?

Credit Card Debt vs Mortgage Debt: Which Should You Pay Off?

July 4, 2019 | Posted by: Simon Lyn

It's always a good idea to pay down your debt when you have extra cash on hand. However, as you get started, you will probably be faced with several types of debt you can work on, and it's hard to kno ...

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Five Reasons Why You Should Have More Than One Bank Account

Five Reasons Why You Should Have More Than One Bank Account

June 20, 2019 | Posted by: Simon Lyn

In today's tech world, being victimized by hackers can leave you penniless if you have only one bank account. The following five situations demonstrate how a having a backup account can keep you ...

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Four Reasons to Say Yes to Good Credit

Four Reasons to Say Yes to Good Credit

June 6, 2019 | Posted by: Simon Lyn

Good credit is a necessity for acquiring many things in life. There are many important reasons for saying 'yes' to credit. Below are some of those reasons, as well as ways to get and build your credit ...

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Five Ways to Simplify Your Financial Life

Five Ways to Simplify Your Financial Life

May 23, 2019 | Posted by: Simon Lyn

No matter who you are or what you do for a living, it can seem like your bank statements, credit card receipts, and other financial documents are burying you alive. If you are struggling under the wei ...

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Savvy Spender: Simple, Smart Ways to Make the Most of Your Credit Cards

Savvy Spender: Simple, Smart Ways to Make the Most of Your Credit Cards

May 9, 2019 | Posted by: Simon Lyn

Savvy Spender: Simple, Smart Ways to Make the Most of Your Credit Cards With their vast array of special perks and member benefits, credit cards are an appealing financing option for modern consumers ...

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Gathering the Money for a Down Payment in Two Years or Less

Gathering the Money for a Down Payment in Two Years or Less

April 25, 2019 | Posted by: Simon Lyn

Whether you are looking to purchase a home in the next two years or you intend to wait another five, you must find a way to save up enough money to use for a down payment. Without the money to make a ...

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Three Ways to Get on the Property Ladder

Three Ways to Get on the Property Ladder

March 21, 2019 | Posted by: Simon Lyn

Property investment is more challenging than ever due to a buoyant housing market in major cities and the rising cost of living. Many people are concerned they'll never be in a position to buy a prope ...

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How to Use Debt Consolidation Loans Effectively and Safely

How to Use Debt Consolidation Loans Effectively and Safely

February 21, 2019 | Posted by: Simon Lyn

Visit almost any financial site on the web, or watch nearly any daytime TV channel, and you're likely to see advertisements promising that a consolidation loan can solve all your debt problems. There' ...

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