One of the most important components of qualifying for mortgage financing is the need for good credit. Most borrowers know they need to be wary of their credit rating and many of them are aware that the banks have their own 'scoring' system. What they don't know however, is how that scoring system works and what they could do to make it betterPlease Log In To See Full Article...

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You may have already discovered that one of the major obstacles in developing a revenue portfolio is how to make the amount of capital you have available for down payment funds stretch over a number of properties. Please Log In To See Full Article...

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FirstLine is pleased to announce that CMHC's guidelines have been amended to facilitate the mortgage loan insurance approval process for self-employed borrowers. Self-employed borrowers continue to have access to all existing CMHC Homeowner Mortgage Loan Insurance products, subject to the same product criteria and insurance premiums as salaried borrowers. Please Log In To See Full Article...

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At age 50, I take an early retirement. Three years later my former employer goes broke. No direct connection between those two events! Drawing on my personal memory bank, I write an article analyzing the company's failure. Ten key errors are identified, along with the corresponding lessons. These lessons are then listed in a seminar handout. Please Log In To See Full Article...

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Lifestyles are changing and these changes affect decisions that Canadians make regarding how and where they live. With this in mind, FirstLine and CMHC are pleased to provide Homeowner Mortgage Loan Insurance for borrowers with more than one residential property. CMHC Homeowner Mortgage Loan Insurance is now available for mortgage loans that are secured by a borrower's second home. Please Log In To See Full Article...

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