Alex Mortgages

Mortgage Agent Level 2

 Prepayment privilege: How it works? 2024


Curious about prepayment privilege? Imagine the satisfaction of settling a debt early. Prepayment privilege empowers you to do just that. It’s the right, as a borrower, to pay off all or a portion of your loan before the scheduled maturity date without facing penalties. This applies to various loans, with mortgages and car loans being … Read more

What exactly is an Assumable Mortgage Canada? 2024


Here a guide regarding assumable mortgage Canada! The Canadian housing market can feel like a labyrinth for first-time homebuyers. Navigating mortgage options adds another layer of complexity, filled with jargon and seemingly endless choices. But fear not! Today, we’ll be exploring a unique option that might unlock significant savings: assumable mortgage Canada. Imagine finding your … Read more

What it is a portable mortgage in Canada? 2024


Want to learn more about a Portable Mortgage in Canada? Buying a house is a monumental life event, often followed by aspirations to move to a bigger space, a charming downtown condo, or a quiet suburban retreat. But what happens to your mortgage when your life takes an exciting turn and you decide to relocate? … Read more

Total Debt Service Ratio Explained In 5 Simple Steps


Ever heard of Total Debt Service Ratio when it comes to mortgages, need clarification? This is your one stop shop to all things mortgages! Have you ever felt like your monthly bills are drowning you? You’re not alone. Juggling mortgages, car payments, student loans, and credit card debt can be a significant burden. But what … Read more

What is a Readvanceable Mortgage?


Imagine steadily paying down your mortgage, but with the ability to access those funds again for unforeseen expenses or exciting opportunities. That’s the power of a readvanceable mortgage! This unique financial tool combines the stability of a traditional mortgage with the flexibility of a line of credit. Let’s delve into the world of readvanceable mortgages, … Read more

Title Insurance Ontario

Title Insurance Ontario

Find out what is a Title Insurance Ontario right here! Imagine finally realizing your dream of owning a home in Ontario. You’ve embarked on countless viewings, secured the perfect deal, and the closing date is fast approaching. Excitement fills the air, but a nagging question might linger in the back of your mind: What if … Read more

GDS Ratio: What is it and What is the maximum in Canada? 


Curious as to what exactly a GDS Ratio really means? Ever dreamt of transforming a house into your haven? Imagine the joy of customizing your space, hosting memorable gatherings with loved ones, and finally establishing your roots. But navigating the path to homeownership can feel overwhelming, especially in today’s dynamic housing market. A crucial factor … Read more

Collateral Charge Mortgage Vs.  Conventional Mortgage in Canada 2024

Collateral charge mortgage

Introduction Looking to learn more about Collateral Charge Mortgage? Well, congratulations on taking a significant step towards homeownership in Canada! Selecting the right mortgage product is crucial for financial security and long-term success. This guide delves into the intricacies of collateral charge mortgages and conventional mortgages, empowering you to make an informed decision that aligns … Read more

BEST Guide to Debt Ratio for Mortgages in Ontario (2024)


Introduction: Why Debt Ratio Matters Dreaming of owning your own place in Ontario? It’s an exciting prospect, but navigating the world of mortgages can feel daunting. One crucial factor lenders consider in your eligibility is your debt ratio. This essential metric acts as a financial fitness test, indicating your ability to manage a mortgage payment … Read more

What is a mortgage deed in Canada 2024?


Congratulations! You’ve found your dream home in Canada and are embarking on the exciting journey of homeownership. But before the housewarming party commences, there’s some essential paperwork to navigate. One of the most important documents in this process is the mortgage deed. Alex Plantinga Mortgage Agent Level 2MA #12728 To Apply Now Click Here. To Download … Read more