Mortgage Financing

Mortgage financing is one of the most affordable ways to borrow money. When buying a home, the interest rate really matters because you will be financing a large debt over a long period of time. When refinancing, the same is true: first and second mortgage financing is often more affordable than consolidating through a personal loan or credit card.

Mortgage Financing

Types of mortgages:
o First mortgages
o Second mortgages
o Personal lines of credit

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o Fixed mortgage interest
o Variable mortgage interest
o Interest only

Other considerations:
o CMHC
o Good credit mortgages
o Bad credit mortgages