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New Construction Mortgage

Many homebuyers look into purchasing a new build home when they are considering home buying options. This type of home purchase requires a specific type of mortgage known as a construction or new build mortgage. There are 2 types of construction mortgage options that you can choose from, each with its own benefits that we [...]

By |2020-04-15T14:44:24+00:00April 15th, 2020|Mortgages|Comments Off on New Construction Mortgage

Mortgage Calculators and Their Many Benefits

Working as a Mississauga mortgage broker requires a lot of useful tools to help clients find the best mortgage packages for their needs. One of those tools is a mortgage calculator. You can find a few different types of mortgage calculators that will look at different things for you, such as mortgage options and what [...]

By |2020-02-19T15:59:38+00:00February 19th, 2020|Mortgages|0 Comments

Characteristics of a Great Mortgage Broker

As a Mississauga mortgage broker, I pride myself on my ability to find the best mortgage options for my clients. After all, my job is to look out for the best interests. It's one of the main characteristics you should look for when shopping around for a mortgage broker, and not all are the same. [...]

By |2019-12-11T21:30:18+00:00December 11th, 2019|Mortgages|0 Comments

Mortgage FAQ (Frequently Asked Mortgage Questions and Their Answers)

Working as a mortgage broker in Mississauga, Canada, I get asked a lot of questions about mortgages. Taking out a mortgage is probably the largest investment that you can make in your life. It can also be a confusing process for some, especially if you are a first time home buyer. Today I'm sharing the [...]

By |2019-09-16T13:25:38+00:00September 13th, 2019|Mortgages|0 Comments

Everything You Need to Know About Mortgage Insurance

When you begin the home buying process, it can be confusing trying to figure out everything involved in a Brampton mortgage. Understanding which mortgage broker to work with and what loan option you should choose is only half the battle. The other half is figuring out the additional costs involved with your mortgage. These extra [...]

By |2019-06-20T16:52:01+00:00June 20th, 2019|Mortgages|0 Comments

Most Common Mortgage Terms

Trying to differentiate between the countless home loan options as well as understand the common mortgage vernacular can be difficult if you are a first-time homeowner. So, to help make things easier for you as you begin your application for a home loan, your local Brampton Mortgage Broker with Lotus Loans & Mortgages has defined [...]

By |2019-06-20T16:34:03+00:00June 20th, 2019|Mortgages|0 Comments

Using Your Mortgage to Consolidate Debt (Refinance)

Many homeowners choose to consolidate their debt by refinancing their home mortgages. If this is something you would like to do visit Brampton mortgage brokers for some invaluable advice and to see what options are open to you. A refinanced mortgage can save you thousands on potential unnecessarily high interest. For example, credit card debt [...]

By |2019-05-17T17:43:37+00:00May 17th, 2019|Mortgages|0 Comments

Brampton Market Update – February 2019

The winter season may not seem like the most popular time to buy a home. That is because most buyers tend to wait for the spring or summertime to make a purchase. The problem with waiting to buy a home is that everyone is waiting. That means there could be an influx of buyers in [...]

By |2019-03-08T21:44:05+00:00March 8th, 2019|Market Update, Mortgages|0 Comments

Pre-Qualification Versus Pre-Approval

Those looking to purchase a home have a difficult time understanding what the difference is between getting pre-qualified and pre-approved for a Brampton mortgage. If this is you, then our team at Lotus Loans & Mortgages is here to help provide some clarity by explaining the key differences between these two processes.   What Is [...]

By |2019-02-21T08:00:42+00:00February 21st, 2019|Mortgages|0 Comments

Market Update: Brampton

Brampton Mortgage If you are looking to purchase a home in the Brampton area, it is important to be familiar with the current residential market. Knowing the statistics and comparing past listing prices to current ones can give you a better understanding of when the best time to obtain a Brampton mortgage is. [...]

By |2018-08-17T00:25:12+00:00August 17th, 2018|Market Update, Mortgages|Comments Off on Market Update: Brampton