Glossary

Glossary

by | Jul 25, 2015 | Blog

REAL ESTATE TERMS AMORTIZATION – The number of years it takes to repay the entire amount of a mortgage. APPRAISAL – An estimate of a property’s market value, used by lenders in determining the amount of the mortgage. APPRECIATION – The increase of a property’s value...
Using Mortgage Professional

Using Mortgage Professional

by | Jul 24, 2015 | Blog, Mortgage

Mortgage Professional There are generally two ways to get a mortgage in Canada: From a bank or from a licensed mortgage professional. While a bank only offers the products from their particular institution, licensed mortgage professionals send millions of dollars in...