Did you know that not all loans are available to everyone? Of course banks reserve the right to refuse a borrower’s request that they deem inadequate or risky. In addition, for a large project such as access to real estate, vigilance is required. In order to do that, there are key elements that the banks […]

When an individual develops a project that is close to his heart, he often needs a financial boost to carry out his plan. When a bank or a credit institution turns down a consumer loan application, however, it can be extremely discouraging. Fortunately, this setback can be overcome. Why can consumer credit be refused? A […]

The borrower may place a mortgage on the apartment, the house, the land or any other immovable property that the loan finances for the benefit of the lending bank. As soon as you give a mortgage, you agree in advance that the property can be sold by the bank if you do not pay your […]

We often hear from our clients that pre-qualifying mortgage agreements are quite hard to fully comprehend. And rightfully so!   People tend to think it is the same structure as a pre-approved loan, but in fact – a pre-qualified mortgage agreement is simply an estimate of your affordability (ie – how large of a mortgage […]

There are a number of circumstances that lead people to refinance the mortgages on their homes. According to resident Montrealers, the following are the top reasons influencing this decision.   Take advantage of lower available Mortgage Rates One of the main reasons why you would want to refinance your home would be because the current […]

Leaseback-Buyback Financing is a powerful solution in select situations. Homeowners carrying a large amount of debt or facing foreclosure can access their equity by selling their home, leasing it back and buying it back after a few years. In the meantime, they restructure their finances.