Author archive for: jegathan
Open Mortgage
Feb 18,2017February 18, 2017
Open term mortgages may be appealing if you are planning to pay off your mortgage in the near future. They...
Convertible Closed Mortgage
Feb 18,2017February 18, 2017
A convertible mortgage gives you the same benefits as a closed mortgage, but can be converted to a longer, closed...
Closed Mortgage
Feb 18,2017February 18, 2017
Closed term mortgages are usually the better choice if you’re not planning to pay off your mortgage in the short...
CLOSED, OPEN AND CONVERTABLE MORTGAGES
Feb 18,2017February 18, 2017
Can’t decide between a closed, open or convertible mortgage? There are many factors to consider such as your financial goals...
Using Your RRSP as a Down Payment
Feb 18,2017February 18, 2017
Under the federal government’s Home Buyer’s Plan, first-time home buyers are eligible to use up to $25,000 in RRSP savings...
Low Down Payment Insured Mortgage
Feb 18,2017February 18, 2017
Most lenders now offer insured mortgages for both new and resale homes with lower down payment requirements than conventional mortgages-as...
Conventional Mortgage
Feb 18,2017February 18, 2017
A conventional mortgage requires a down payment of at least 20% and is offered on either a fixed or variable...
Mortgage Down Payment Options
Feb 18,2017February 18, 2017
From a low down payment mortgage to using your Registered Retirement Savings Plan (RRSP) as a source of funds, buying...