90 Day Source Of Down Payment Rules Explained by A Mortgage Broker Kelowna Purchasing a home and securing a mortgage is a milestone for Canadians. However, understanding and meeting the rules and requirements set by lenders can be overwhelming. One particular rule that often confuses homebuyers is known as the “90 day source of down payment” […]
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Working with a mortgage broker is an excellent decision when purchasing or refinancing a commercial property. Commercial mortgages differ from residential mortgages in many ways, from loan amounts to the underwriting process, so having a professional guiding you can be invaluable. I’m Ric Lazare, a Kelowna mortgage broker, and I’m here to help you understand […]
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Who Assumes The Risk When I Work With A Mortgage Broker In Kelowna If you’re considering buying a home, you may need to find a lender to provide a mortgage for the property. I’m Ric Lazare, a mortgage broker Kelowna based, and I can help you achieve your goals for home ownership. If you are […]
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Home Equity Loans: What Your Mortgage Broker Can Help You With If you’ve been thinking about taking a home equity loan, you should understand how the process works before moving forward. I’m Ric Lazare, a highly experienced mortgage broker Kelowna residents in the British Columbia area will recommend. I can help you gain insight into […]
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What Is The Difference Between A Mortgage Broker And A Mortgage Lender? Taking out a mortgage can help you own your dream home when you can’t pay for it outright. A mortgage broker helps you find a lender that suits your mortgage needs. Lazare Mortgage Group is a mortgage broker Kelowna that can help you […]
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3 Benefits Of Hiring A Kelowna Mortgage Broker A mortgage broker acting as an intermediary between you and potential lenders can make your home-buying process easier. The broker can help you find a lender best suited for your financial situation and requirements. Lazare Mortgage Group is an exceptional brokerage firm that can make your home-buying […]
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How Can a Kelowna Mortgage Broker Help Me? Purchasing your first home can be daunting, especially getting a mortgage approval. Every home buyer has exceptional circumstances and requirements requiring different financial considerations. Whether you’re an existing homeowner or a first-time buyer, a Kelowna mortgage broker can make the process easier. Below are six reasons how […]
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Bank of Canada maintains policy rate and forward guidance The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank’s extraordinary forward guidance on the path for the overnight rate […]
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Bank of Canada maintains policy rate and forward guidance, ends quantitative easing. The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank’s extraordinary forward guidance on the path for […]
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A reverse mortgage is a financial option specifically designed for homeowners aged 55 and over. Under a reverse mortgage, you can get a loan secured against your Kelowna home’s value. This type of mortgage will enable you to convert into cash up to 55 percent of the value of your home. You will maintain ownership […]
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