Commercial mortgage in Canada is always an option for homebuyers who want to own a house. Availing it is one way you can get funding to purchase or improve a commercial property. It is a primary financing option that you can get to jumpstart a new business venture or to improve on one that you’ve […]
The continued demand for multifamily and industrial properties during the coronavirus pandemic has created a domino effect on the rising need for commercial real estate mortgage and other financing options. Based on the most recent Collier’s 2021 Global Investor Outlook survey, 98% of commercial real estate investors plan to develop their portfolios in 2021. Twenty-three […]
Finding yourself a good mortgage originator is one of the most important things you need to do before buying a home or refinancing one. This is because getting a home loan is probably the largest financial transaction you will ever make in your life, and you have to be more than prepared for it. Therefore, […]
Every time new mortgage rules take effect, changes also happen in the mortgage origination world. For example, at the beginning of May this year, the Office of the Superintendent of Financial Institutions or OSFI in Canada declared that they would increase the qualifying rate for homebuyers with a down payment of 20% or more. This […]
Applying for a commercial mortgage in Canada is not just about acquiring funds for a property you found. It is also about doing a lot of research to know if you have found a “commercial” property and getting the right kind of loan for it. There are as many types of commercial real estate as […]
Despite the coronavirus pandemic, there is an increasing demand for commercial real estate that could not be overlooked in Canada and elsewhere in the world. Due to the increased demand from food delivery services, eCommerce, home improvement retailers, and even medical supply companies, the warehousing, fulfillment, and logistics sections of the industrial real estate sector […]
As a real estate investor, you must look into what influences the overall economy has on the housing market. You have to understand that while several things impact house prices, the economy is one of the biggest of them. The increase in house prices happens when people expect better financial standings in the future. This […]
Success in the real estate business depends on many factors, and getting a good mortgage agent is one of them. Whether you are in it as an investor or as a future homeowner, it is important that you only work with a broker who can help you get the financing that you need. The really […]
Most first time homebuyers in Canada are taking on a responsibility that will either enrich or make their lives worse. If you are a first-timer yourself, then you should know that the outcome of this important life decision will depend on how well-informed you are about its entire process. There are steps, requirements, and tasks […]
Commercial brokerage underwriting is different from residential, and venturing into either of them is no easy feat. It takes a lot of guts, money, and smarts to be able to pull it off. There are also different factors to consider that you’d have to spend quite some time studying and understanding before you can even […]
