Mortgages

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 |2020-11-23T18:56:03+00:00June 20th, 2019|Mortgages|Comments Off on Everything You Need to Know About Mortgage Insurance

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 |2020-11-23T18:56:04+00:00June 20th, 2019|Mortgages|Comments Off on Most Common Mortgage Terms

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 |2020-11-23T18:56:04+00:00May 17th, 2019|Mortgages|Comments Off on Using Your Mortgage to Consolidate Debt (Refinance)

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 |2020-11-23T18:56:04+00:00March 8th, 2019|Market Update, Mortgages|Comments Off on Brampton Market Update – February 2019

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 |2020-11-23T18:56:04+00:00February 21st, 2019|Mortgages|Comments Off on Pre-Qualification Versus Pre-Approval

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 |2020-11-23T18:56:04+00:00August 17th, 2018|Market Update, Mortgages|Comments Off on Market Update: Brampton

Everything You Need to Know About a Brampton Second Mortgage

To help you get a better understanding of what a Brampton second mortgage is, and reasons behind why you might need one, our team of experts at Lotus Loans & Mortgages have explained everything you need to know about second mortgages. What Is A Second Mortgage?   This is where a homeowner takes out another mortgage on [...]

By |2020-11-23T18:56:04+00:00July 6th, 2018|Mortgages, Second Mortgages|Comments Off on Everything You Need to Know About a Brampton Second Mortgage

Mortgage Rates and Why They Change

Whether you are a first-time homebuyer in Brampton or are wanting to refinance your home loan, mortgage rates largely affect you. Understanding rates and why they change is important when analyzing your affordability and looking for your dream home.   What Influences Mortgage Rates? Brampton mortgage rates periodically change due to how well the economy [...]

By |2020-11-23T18:56:04+00:00June 20th, 2018|Mortgage Rates, Mortgages|Comments Off on Mortgage Rates and Why They Change
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