Mortgage Blog

Your Local Port Perry and Durham Region Mortgage Expert

Category: Mortgage Tips & Advice (11 posts)

How to Handle a Mortgage After a Separation or Divorce

How to Handle a Mortgage After a Separation or Divorce

July 20, 2021 | Posted by: Paul McCormick

Mortgage Life After Separation and Divorce Separation and divorce present many challenges. It's a situation you likely never thought you'd never be in, but now there are personal and financial conseq ...

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Multi-Family Lending: What You Need To Know About Hard Money Loans

Multi-Family Lending: What You Need To Know About Hard Money Loans

March 8, 2021 | Posted by: Paul McCormick

Multi-Family Lending: What You Need To Know About Hard Money Loans Multi-family real estate is one of the most popular investments for both newbie and seasoned investors. Buyers in the past used trad ...

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Why Borrowers May Choose a Private Mortgage

Why Borrowers May Choose a Private Mortgage

February 25, 2021 | Posted by: Paul McCormick

Why Borrowers May Choose a Private Mortgage When most people want to buy a home, they get a list of local banks and mortgage companies to start comparing the available financing options. However, the ...

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How Good vs Bad Debt Impacts Your Household

How Good vs Bad Debt Impacts Your Household

January 27, 2021 | Posted by: Paul McCormick

In order to understand the difference between good and bad debt, it's important to track your income and expenses and established saving goals for your family. Financial stability allows you to mee ...

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5 Things NOT To Do When Selling Your Port Perry House

5 Things NOT To Do When Selling Your Port Perry House

December 30, 2020 | Posted by: Paul McCormick

The process of selling a residential property in Port Perry and Durham Region can be time-consuming and emotionally involving, especially if it is your first sale. While your home's curb appeal influe ...

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Top 3 Biggest Home Seller Mistakes

Top 3 Biggest Home Seller Mistakes

December 23, 2020 | Posted by: Paul McCormick

Selling a home can be a daunting process; finding a real estate professional may help ease a lot of the stress. They will not only help find a buyer and undertake the complex process of closing the de ...

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Cons of For Sale By Owner (FSBO)

Cons of For Sale By Owner (FSBO)

October 26, 2020 | Posted by: Paul McCormick

You finally place your ad on the for sale by owner site! You are looking forward to answering tons of inquiries about your beautiful home but heard nothing yet. Selling your home shouldn't be this har ...

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Real Estate 101: Getting Your Home Ready To Show

Real Estate 101: Getting Your Home Ready To Show

October 19, 2020 | Posted by: Paul McCormick

So...you decided to sell your Durham Region home? This was not a decision that was taken lightly. This is a home you've grown fond of and grown in love with deeply. Countless memories were created, ma ...

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Have a mortgage coming up for renewal ? You might want to contact Port Perry Mortgages

Have a mortgage coming up for renewal ? You might want to contact Port Perry Mortgages

October 5, 2020 | Posted by: Paul McCormick

It is now more important then ever to use a mortgage broker when looking for a mortgage. The mortgage landscape has changed as a result of the mortgage stress test. Many clients are disappointed at ...

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New Mortgage Stress Test-Mortgage and Home Financial

New Mortgage Stress Test-Mortgage and Home Financial

October 23, 2017 | Posted by: Paul McCormick

New Mortgage Rules took place on January 1 2018 and it has changed the approval process if you are purchasing a home or refinancing your mortgage.   If you are looking to buy and will have 20 p ...

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2 Out of 3 Do Not shop for a better mortgage rate at renewal

2 Out of 3 Do Not shop for a better mortgage rate at renewal

September 30, 2014 | Posted by: Paul McCormick

Every now and then we see a mortgage stat that’s a jaw-dropper. This finding from Manulife Bank is one of them. It suggests there are a lot more people with money to burn than one might expect. ...

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