Working as a mortgage broker in Mississauga, Canada, I get asked a lot of questions about mortgages. Taking out a mortgage is probably the largest investment that you can make in your life. It can also be a confusing process for some, especially if you are a first time home buyer. Today I'm sharing the [...]
When you begin the home buying process, it can be confusing trying to figure out everything involved in a Brampton mortgage. Understanding which mortgage broker to work with and what loan option you should choose is only half the battle. The other half is figuring out the additional costs involved with your mortgage. These extra [...]
Trying to differentiate between the countless home loan options as well as understand the common mortgage vernacular can be difficult if you are a first-time homeowner. So, to help make things easier for you as you begin your application for a home loan, your local Brampton Mortgage Broker with Lotus Loans & Mortgages has defined [...]
Many homeowners choose to consolidate their debt by refinancing their home mortgages. If this is something you would like to do visit Brampton mortgage brokers for some invaluable advice and to see what options are open to you. A refinanced mortgage can save you thousands on potential unnecessarily high interest. For example, credit card debt [...]
The winter season may not seem like the most popular time to buy a home. That is because most buyers tend to wait for the spring or summertime to make a purchase. The problem with waiting to buy a home is that everyone is waiting. That means there could be an influx of buyers in [...]
Those looking to purchase a home have a difficult time understanding what the difference is between getting pre-qualified and pre-approved for a Brampton mortgage. If this is you, then our team at Lotus Loans & Mortgages is here to help provide some clarity by explaining the key differences between these two processes. What Is [...]
Brampton Mortgage If you are looking to purchase a home in the Brampton area, it is important to be familiar with the current residential market. Knowing the statistics and comparing past listing prices to current ones can give you a better understanding of when the best time to obtain a Brampton mortgage is. [...]
To help you get a better understanding of what a Brampton second mortgage is, and reasons behind why you might need one, our team of experts at Lotus Loans & Mortgages have explained everything you need to know about second mortgages. What Is A Second Mortgage? This is where a homeowner takes out another mortgage on [...]
Whether you are a first-time homebuyer in Brampton or are wanting to refinance your home loan, mortgage rates largely affect you. Understanding rates and why they change is important when analyzing your affordability and looking for your dream home. What Influences Mortgage Rates? Brampton mortgage rates periodically change due to how well the economy [...]
