Mortgage Refinance

Refinance or Private Second Mortgage
in Blog, Mortgage Refinance, Second Mortgage

Refinance or Private Second Mortgage

For clients looking to take equity out of their home, there are a couple of options which clients can consider. They can refinance their existing mortgage, or take a private second mortgage. Both of these options will accomplish the same thing, however that is where the similarities end. Lets take a look at each of them and see why one will be the better option...

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01 Aug 2017
Difference Between Mortgage Refinance And Renewal
in Mortgage Refinance, Mortgage Renewal

Difference Between Mortgage Refinance And Renewal

Mortgage refinancing and mortgage renewal are two different concepts in the world of loans and mortgages. But quite often people confuse the two terms and use them interchangeably. If you’re a seasoned investor and familiar with taking mortgages then you would know that mortgage refinancing and mortgage renewal are two different things. Most Edmonton mortgage brokers would push you into renewing your mortgage once the...

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21 Jun 2017