This guide will walk you through what lenders actually allow when it comes to using rental income to qualify for a second home or cottage mortgage, especially in Ontario.

Seasonal and water-access-only cottages present unique mortgage challenges, but they’re not insurmountable. With the right strategy, experienced guidance, and realistic expectations, you can still secure the financing you need to make your cottage dreams a reality.

In Ontario and across Canada, mortgage brokers who understand and anticipate how inspection results affect the mortgage process are better equipped to guide their clients and protect their own business interests.

This article explores how VTB mortgages work, why they are advantageous for unbankable buyers, and what both vendors and purchasers should consider when entering into such arrangements.

When it comes to securing commercial mortgage financing in Ontario, many property owners and investors focus on the basics: property valuation, borrower credit, and income history. But an often-overlooked factor with outsized influence is lease structure.

As Canada continues to evolve its housing solutions, especially in affordable and modular living, understanding chattel financing is no longer optional—it's essential.

This article provides an in-depth look at how the inclusion of chattels affects real estate deals in Canada, covering key points such as pricing, commissions, tax implications, and legal considerations.

The distinction between chattel and fixtures is crucial for any real estate transaction. Items like kitchen islands, appliances, and light fixtures may seem like they should be part of the sale, but unless they’re explicitly mentioned in the contract, they could be considered chattel and excluded from the deal.

Chattel loan agreements are an essential tool for Canadians seeking to finance personal property, but it’s crucial to be aware of the stipulations that may be included in these contracts.

Understanding how credit card debt affects mortgage approval is key to navigating the mortgage process successfully. Here, we explore the different ways in which credit card debt can influence your ability to secure a mortgage in Canada, and how you can mitigate any negative effects.

A mortgage broker can provide expert guidance, access to a wider range of lenders, and personalized strategies to help you overcome the hurdles of bad credit. In this article, we'll explore how a mortgage broker can assist you in dealing with bad credit and securing a mortgage to buy a house.

If you’re planning to buy a house in the near future, start working on improving your credit today so that you can enjoy the benefits of a stronger financial foundation when it’s time to make that big purchase.