If you're looking for a mortgage, you might be considering private lending as an option. Private mortgage lending is an alternative to traditional lending from banks or credit unions. In this blog, we'll give you an overview of private mortgage lending and help you understand if it's the right option for you.

As a potential homebuyer, getting pre-approved for a mortgage is an essential step in the home-buying process. It allows you to know how much money you can borrow and what your monthly payments will be. However, the mortgage pre-approval process can be overwhelming and confusing, especially for first-time homebuyers. In this blog post, we'll break down the mortgage pre-approval process and explain everything you need to know.

As a self-employed individual, you are your own boss, and you have the freedom to create your own work schedule. However, when it comes to applying for a mortgage, self-employment can complicate matters. Unlike salaried employees, self-employed individuals have to prove their income in a different way to ensure mortgage approval.

At Bob Beach - The Burlington Mortgage Centre, I have been helping clients find the right mortgage for their needs for over twenty-five years. With the housing market constantly changing and mortgage options growing, it can be overwhelming for clients to navigate through the mortgage process. In this blog, I will share my expertise on how to find the right mortgage broker and how to choose the best mortgage for your needs.

For many years, traditional banks have been the go-to source for mortgage loans. However, the mortgage industry has undergone a major shift in recent years with the rise of non-bank and private lending. As a result, borrowers now have more options than ever before.
In this blog, I will explore the benefits of non-bank and private lending and why it may be a better option for you.
 

Are you tired of paying high-interest rates on your mortgage? Refinancing your mortgage can be a great way to save money on your monthly payments and overall interest paid over the life of the loan.
Bob Beach - The Burlington Mortgage Centre has helped many homeowners unlock the secrets of refinancing their mortgage and is here to share his expertise with you.
Here are some of the key points to consider when refinancing your mortgage:

Original Article Source Credits:  Financial Post , https://financialpost.com/ 

Article Written By:  Fergal Smith and Noor Zainab Hussain

Original Article Posted on:    March 2, 2021 

Link to Original Article:  https://financialpost.com/real-estate/mortgages/canada-mortgage-rates-edge-higher

Original Article Source Credits:   Money Sense , https://www.moneysense.ca/

Article Written By:  TAMAR SATOV 

Original Article Posted on:  FEBRUARY 1, 2021

Link to Original Article:  https://www.moneysense.ca/spend/real-estate/downsizing-vs-reverse-mortgage-which-option-is-right-for-you/

Original Article Source Credits:   CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By:  Steve Huebl

Original Article Posted on:  February 2, 2021

Link to Original Article:  https://www.canadianmortgagetrends.com/2021/02/could-mortgage-rates-start-to-rise-sooner-than-expected/

Original Article Source Credits:   Huffingtonpost , https://www.huffingtonpost.ca/

Article Written By:  NA

Original Article Posted on:  01/21/2021

Link to Original Article:  https://www.huffingtonpost.ca/entry/mortgage-approval-tips-canada_ca_60099f45c5b62c0057c43681

Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  NA

Original Article Posted on:  DECEMBER 23, 2020

Link to Original Article:  https://betterdwelling.com/flight-to-the-burbs-every-real-estate-market-in-ontario-is-outperforming-toronto/

Todays Mortgage rates for a Refinance or a Renewal are at Record Lows.

At 10 am eastern, the Bank of Canada made what was scheduled to be its 10th and final interest rate decision of 2020, one of the most active years in recent monetary history.

Filings from Canada’s largest banks showed that the vast majority of borrowers have now resumed regular payments, with just around 69,900 mortgages on payment deferral as of October 31.

Original Article Source Credits:    CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By:  Steve Huebl

Original Article Posted on:  November 11, 2020

Link to Original Article:  https://www.canadianmortgagetrends.com/2020/11/optimism-returns-to-the-markets-could-fixed-rates-start-to-rise/

Original Article Source Credits:   Mortgage Broker News , https://www.mortgagebrokernews.ca/

Article Written By:  Duffie Osental 

Original Article Posted on:  02 Nov 2020

Link to Original Article:  https://www.mortgagebrokernews.ca/news/rbc-economist-outlines-how-the-pandemic-is-changing-canadas-housing-market-334754.aspx

Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  NA

Original Article Posted on:  SEPTEMBER 29, 2020

Link to Original Article:  https://betterdwelling.com/canadian-mortgage-debt-passes-80-of-gdp-for-the-first-time/

Original Article Source Credits:   Toronto storeys , https://torontostoreys.com/

Article Written By:  Ainsley Smith

Original Article Posted on:  October 9, 2020

Link to Original Article:  https://torontostoreys.com/canadian-mortgages-risk-defaulting-rbc/

I'm Bob Beach, proud Owner of The Burlington Mortgage Centre.

I look forward to sharing my story. I hope that you will enjoy getting to know me better.

New Website Coming Soon!

We are currently revamping our website. Our new website will be interactive and mobile friendly!