Denis Brunet – Mortgage Broker Winnipeg

Mortgage Transfers: A mortgage transfer is a transaction in which either the borrower or the lender assigns an existing mortgage, which is a loan to buy a home or use the home as collateral, from the present holder to another

In its simplest form, a HELOC works somewhat like a credit card. You can borrow money up to a certain credit limit set by the lender and then pay back the borrowed amounts along with interest. This option can offer

What is Conventional Mortgage? To apply for a conventional mortgage, the down payment, or cash contribution to the purchase price, must be at least 20% of the purchase price. A high-ratio mortgage is one in which the loan amount exceeds

The mortgage process has different criteria if you are self-employed. You will be expected to submit more documentation and qualifying can be challenging. This process can be more difficult, and your income is more complicated than that of salaried employees.

Part of achieving financial wellness is understanding your credit score, what it means, how it’s calculated and learning practical strategies to improve it. Understanding debt utilization ratio and the difference between hard checks and soft checks or between revolving credit

A mortgage preapproval is an acknowledgement form that details how much a lender will consider letting you lend to you. Some sellers require a mortgage preapproval before accepting your offer to buy a house. On the other hand, preapproval will

Are you going to be getting a home inspection? Home inspections are a vital part of the real estate transaction process, so it makes sense to learn as much as you can about them. The more you know about what