Yes we can still add renovationn expenses to a mortgage over $1,000,000. Main thing clients need to have is at least 21% down payment.

I find people always have questions that may not pertain to every mortgage, but should be understood before complications may arise. 

Generally speaking from the outside, Canadian real estate looks like a good way to hedge inflation given the fact that the overall Canadian real estate market has done quite well over the last few years even though other world markets have been tumbling and trying to bounce back to more stable levels.

When looking to see exactly how stable a hedge Canadian real estate is against inflation, it ...

There is a basic  mortgage calculation for how much your monthly mortgage payments will be on every $100,000 loan amount based on 300 monthly installments.
Interest Rate       Monthly Payment
2.5%                        $449
2.75%                      $461
3.0%                        $474
3.25%                      $487
3.50%                      $501
3.75%                      $514
4.0%      ...

In the last few years the numbers are staggering how many neighborhoods are being plaged with one house on the block bringing the average home price down dramatically due to the fact it was a "Grow Op" or a" Meth Lab" http://www.cbc.ca/news/canada/sudbury/story/2011/11/07/sby-grow-ops-northweast.html

We have mortgage lenders that will do full mortgage financing on ex Grow Ops and Meth. labs ...

I recently had an article published check it out!

Secrets to Healthy Credit

 

Your credit score shows how likely you are to pay a loan on time. Today more than ever it’s crucial to keep your credit rating in excellent standing health. Especially for the estimated one out of four Canadians that are self employed, mortgage lenders directly correlate the maximum loan amount you can borrow on a property based on your current credit score and hab ...

In times of financial concerns assests you may own could very well be used for cash flow. Some examples on the top of the list are vehicles, Heavy and industrial equipment ( excavators, bull dozers, highway tractors & trailers, forklifts, etc.) We can also do other assets as well so ask to see how we can help.What happens is a leasing lender will advance you funds within a couple weeks based ...

Its a beautiful thing!! The Bank of Canada lowered the rates by .5% on tuesday. The bank is concerned the US might be heading further into reccession mode. With this happening the bank figures by lowering rates will help the canadian economy by people still borrowing money while keeping the cost of borrowing down. You gotta love it!!!

 Bank of Canada sticks to talk of rate cut

Nathan Vanderklippe, Financial Post  Published: Tuesday, February 19,
2008

Mark Carney, governor of the Bank of Canada, took to the podium for his
inaugural speech and repeated -- virtually to the letter -- comments he
has previously made on the need for a cut to the bank's target overnight
lending rate.

"In line with our base-case projection and ...