Mortgage Insurance

Mortage funding in canada through different sources

Mortgage funding in Canada through different sources: For mortgage most Canadians go to their bank and don’t consider other sources of funding for their home. Here we will give you a brief  description on the Mortgage funding in Canada through different sources and how you can leverage a mortgage broker to do all the finance […]

Mortgage Insurance

The last thing you’d want would be to die and leave a huge debt to your children, family or friends: mortgage life insurance plays on this fear to try to exploit a larger sum of money, with less flexibilty than a standard life insurance policy. Mortgage Insurance is a great tool for both the borrower […]

Is Mortgage Insurance Tax Deductible?

Mortgage Life Insurance In Canada most of peoples who came there from abroad don’t have their own houses. They pay house rent and during last couple of years most people have know began to make plans for acquire their own homes. Research has shows that housing sub sector will help to provided most of the […]

Plans for Mortgage Insurance under Manulife

Canada Insurance plan offers several types of term life insurance coverage to meet your needs through our categorized Manulife Insurance. Family Term is the best choice for both temporary and life-time needs of a family. It gives you assurance that your whole family will be taken care of when you will not there for them. […]

Locking Your Loan

Locking your rate is pivotal. You do not even have a rate until you are locked. All the rate discussions and disclosures are unreal until locked by the wholesale lender itself. The rate could go from 6.50% to 7.00% in 48 hours and you might have no idea. Rates move every day and sometimes during […]

How To Buy Cash Flowing Property Using RRSP Money? Video

Emergency Fund Video

8 month emergency fund how to manage under unemployed state for a short while.

Mortgage Insurance Fixed or Variable?

Mortgage Insurane Fixed or Variable , which one is best for me , well based on past experiences many people will always say you are always better off taking a variable because you do save more in the end. It is a hard fact , But now new government mandates as say that if you […]

Scotia Mortgage for Self Employed Program Changes

Scotia Mortgage for Self Employed Program Changes summary of the changes Scotia Mortgage for Self Employed Program (MFSE) Scotia Total Equity Plan (Scotia STEP Program) Maximum Loan-to-Value Ratios (LVR) 65% LVR for applicants with a Beacon Score less than 680 75% LVR for applicants with a Beacon Score of 680 or better Net Worth Requirements […]

Life insurance a better alternative to mortgage insurance

Canada residents looking to wrap up new home purchases might find that life insurance is a more flexible and less pricey alternative to mortgage insurance obtained through a bank. While most agree it makes sense to cover large debts with insurance, some argue when it comes to mortgages, most consumers treat it as an afterthought […]