Lotus Loans & Mortgage

About Lotus Loans & Mortgage

This author has not yet filled in any details.
So far Lotus Loans & Mortgage has created 86 blog entries.

The Benefits of Private Mortgage Financing: A Flexible Alternative from Lotus Loans & Mortgages

When traditional banks say “no,” Lotus Loans & Mortgages is here to say “let’s find a way.” Private mortgage financing is one of the most effective tools we use to help clients who don’t meet conventional lending criteria—but still need access to mortgage funds quickly and efficiently. What Is Private Mortgage Financing? Private mortgage financing [...]

By |2025-05-23T12:11:26+00:00May 23rd, 2025|Uncategorized|Comments Off on The Benefits of Private Mortgage Financing: A Flexible Alternative from Lotus Loans & Mortgages

Mortgage solutions for self-employed

Self-Employed and Struggling to Get a Mortgage? Lotus Loans & Mortgages Corp Can Help In recent years, more Canadians than ever are embracing self-employment — whether it’s running a small business, freelancing, or contracting. While working for yourself has its perks, it also comes with a unique challenge: qualifying for a mortgage. At Lotus Loans [...]

By |2025-05-12T12:08:17+00:00May 12th, 2025|Uncategorized|Comments Off on Mortgage solutions for self-employed

Reverse Mortgage for debt consolidation

How a Reverse Mortgage Helped One Retiree Find Financial Peace At Lotus Loans & Mortgages, we often meet clients who’ve worked hard their whole lives, paid off their homes, and are now navigating retirement on a fixed income. For many, it’s a time that should be free of financial stress—but that’s not always the case. [...]

By |2025-05-05T13:11:14+00:00May 5th, 2025|Uncategorized|Comments Off on Reverse Mortgage for debt consolidation

Mortgage Renewals

Over the next few years, Canada will see the highest number of mortgage renewals in history. That means millions of homeowners will face higher rates and with that, tough choices. Remember that a mortgage renewal doesn’t mean you have to stay with your current lender. It’s the perfect opportunity to reassess your financial goals, shop [...]

By |2025-04-04T13:58:29+00:00April 4th, 2025|Uncategorized|Comments Off on Mortgage Renewals

Recent Rates Drops!

Canada is in a decreasing rate environment — interest rates are dropping, and we’re now seeing fixed rates under 4% available on CMHC-insured deals. And there’s more good news: Variable rates are expected to drop even further, especially with the next Bank of Canada meeting scheduled for April 16, 2025. With so many options and [...]

By |2025-03-24T14:28:56+00:00March 24th, 2025|Uncategorized|Comments Off on Recent Rates Drops!

Mortgage Insurance Rule Changes to Enable Homeowners to Add Secondary Suites

Exciting news for homeowners started January 15, 2025! A new program will allow refinancing up to 90% of your home’s value, that’s up from 80%—to create secondary suites like basement apartments or laneway homes, as long as they meet municipal zoning and are not used for short-term rentals. This is a game-changer for adding fully [...]

By |2025-01-17T16:32:23+00:00January 17th, 2025|Uncategorized|Comments Off on Mortgage Insurance Rule Changes to Enable Homeowners to Add Secondary Suites

December 2024 BoC Decrease

The Bank of Canada has made another big move this past week, cutting by 0.50%, bringing bank Prime down to 5.45%, a full 175 basis points lower than in June. This marks the 5th rate cut this year as the Bank responds to rising unemployment, sluggish GDP growth, and economic uncertainty, including potential tariffs from [...]

By |2024-12-16T15:10:33+00:00December 16th, 2024|Uncategorized|Comments Off on December 2024 BoC Decrease

Debt consolidate through a 2nd mortgage

How a Second Mortgage from Lotus Loans & Mortgages Corp Can Help You Consolidate Debt Without Breaking Your First Mortgage Are high-interest debts piling up? If you're struggling to manage multiple payments on credit cards or personal loans, you're not alone. Many Canadians are feeling the financial strain of juggling debt, especially with today’s high [...]

By |2024-11-11T13:33:18+00:00November 11th, 2024|Uncategorized|Comments Off on Debt consolidate through a 2nd mortgage

Helping Credit-Challenged Clients Achieve Homeownership

Helping Credit-Challenged Clients Achieve Homeownership: How Lotus Loans & Mortgages Supports You Every Step of the Way At Lotus Loans & Mortgages Corp, our mission is to make homeownership accessible to everyone, especially those who may face credit challenges or lack traditional income verification. As a dedicated Mortgage Broker, we specialize in helping clients who [...]

By |2024-11-09T00:05:06+00:00November 4th, 2024|Uncategorized|Comments Off on Helping Credit-Challenged Clients Achieve Homeownership

Fraction mortgage

Unlock Your Home Equity with Fraction Mortgages A Lotus Loans and Mortgage, we are a Mortgage Brokerage in Mississauga, ON that is excited to share Fraction Mortgages—an innovative product that allows homeowners to access their home equity without the stress of monthly payments. Unlike traditional options, Fraction offers flexible terms, no age restrictions, and no [...]

By |2024-11-09T00:11:05+00:00October 7th, 2024|Uncategorized|Comments Off on Fraction mortgage
Go to Top