Borrowing and lending: these terms refer to a financial transaction and are considered synonymous. However, their strict definitions differ slightly. This post offers a clarification of each word and, at the same time, explains the difference between a bank and a private mortgage lender. The question is, can you get a loan without relying on […]

When buying a property, most people rely on a mortgage. But once a house is acquired, some homeowners may decide to take out a second mortgage. Depending on the borrower’s financial situation and past financial transactions, it may be necessary for the borrower to obtain a new loan or undertake a loan consolidation, in addition […]