Real estate blog entries tagged with mortgages by Brian Madigan LL.B. (RE/MAX West Realty Inc., Brokerage (Toronto))

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Home : Blogs : Brian Madigan LL.B. : Brian's Ontario Real Estate Blog : Tag "mortgages"

mortgages: Comparison of Collateral versus Standard Charge Mortgages - 02/04/12 05:25 PM

Comparison of Collateral versus Standard Charge Mortgages
Ontario Real Estate Source
By Brian Madigan LL.B.
Here is some valuable information courtesy of a colleague of mine, Robert Lumb. If you need a mortgage don’t hesitate to contact Robert at:
416-275-9284Fax: 1-866-437-3672
robertlumb@invis.ca
Visit Website
Robert would be pleased to look after all your financing requirements.
"Comparison of Collateral versus Standard Charge Mortgages
More lenders are moving to collateral charge mortgages so it's becoming increasingly important to understand the differences between a collateral and standard charge mortgage. Which is better for you? They both have advantages and disadvantages so it all depends … (1 comments)

mortgages: What is the Qualifying Rate? - 10/15/11 09:03 PM

What is the Qualifying Rate?

The qualifying rate is the 5 year fixed term mortgage amortized over 25 years.

If the mortgagor qualifies for the mortgage loan based upon his or her ability to repay that mortgage loan, then they may select another option.

This qualifying rate only applies to CMHC insured mortgages

Ontario Real Estate Source
… (0 comments)

mortgages: Oklahoma Offers and Mortgage Fraud - 06/06/08 06:54 AM

Oklahoma Offers and Mortgage Fraud
By Brian Madigan LL.B.What is an Oklahoma Offer!Actually, it's a simple form of real estate fraud. There are variations depending upon how many parties are involved and who is the intended victim.So, let's look at two examples, in the first the victim is the vendor and in the second, the mortgage company is the intended victim.Vendor as VictimIn this case, the purchaser and his agent seek to defraud the vendor.An Oklahoma Offer may be defined briefly as any Offer whereby the vendor takes back a mortgage that is unsecured by the value of the property.Let's … (0 comments)

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Brian Madigan LL.B.

Toronto, ON

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RE/MAX West Realty Inc., Brokerage (Toronto)

Address: Toronto, Mississauga, Oakville, Brampton, Caledon, Thornhill, Greater Toronto Area

Office Phone: (416) 745-2300

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