Lotus Loans and Mortgages Mississauga mortgage blog. Get the latest news on Canadian mortgages, mortgage brokers, and mortgage rates.
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Exciting Positive Changes in the Mortgage Industry
Exciting Positive Changes in the Mortgage Industry The mortgage industry has seen a wave of positive changes recently, creating some fantastic opportunities for homebuyers and homeowners. Over the last two Bank of Canada meetings, [...]