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Personal Finance
For many Canadians looking to purchase a home, bad credit scores stand in the way of getting a mortgage. Most lenders prefer your score to be 650 or higher. If they do allow for lower credit scores, it is typically because the interest ratings on those loans are considerably higher. If you want to get...
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It is the perennial question for every first-time homeowner. How much house can I afford? As with so many life-changing decisions, there is no one right answer to this common query, and the size of the home you buy, and the mortgage you take out, will depend on several critical factors. If you want to...
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Having a good credit score is of paramount essence as it affects your ability to access loans and borrow money. Your credit score rating influences the amount of mortgage you qualify for. You may want to continue reading to learn some exclusive tips from Mortgage Professionals that can help you repair your credit score… How are...
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In order to understand the difference between good and bad debt, it’s important to track your income and expenses and established saving goals for your family. Financial stability allows you to meet the needs of your household expenses and puts less pressure on your relationship with your partner. With a little room in your budget,...
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Multi-family real estate is one of the most popular investments for both newbie and seasoned investors. Buyers in the past used traditional financing. And until recently, multi-family loans are the best alternative financing for investors; however, this was not always the case. Not too long ago, the hard money lending industry was riddled with shady...
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