The purposes of using a mortgage There are traditionally four distinct purposes for using a mortgage: 1) Purchase, 2) Refinance 3) Equity take-outs, and 2) Bridge Financing Purchase People use mortgages to assist in purchasing a home in combination with a down...
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What is a mortgage broker?
What is a mortgage broker? A mortgage broker is a practicing professional who assesses a borrower’s financial goals with respect to real estate financing and, after detailed analysis, provides solutions to meet those goals by acting as an intermediary with the...
Choosing the right mortgage brokerage to work for
Choosing a mortgage brokerage Choosing a mortgage brokerage for whom to work can be a difficult process if you don’t know what questions to ask or what to look for. With several hundred brokerages licensed in Ontario, you certainly have choice, so the first tip...
Who uses a mortgage broker?
Approximately 30% of Ontario consumers used a mortgage broker in 2010, a number that has remained consistent for the past several years, while 50% used a bank. According to a recent Mortgage Consumer Survey by CMHC, the average mortgage broker’s client had the...
Everything you need to know about being a mortgage broker
Whether you are switching careers or deciding on your very first career, becoming a licensed mortgage broker can be a fantastic, rewarding choice. Let me begin by defining a mortgage broker’s role, because over the years it has evolved. A mortgage broker (or a...
New online loan platform Evolocity offers entrepreneurs up to $200,000 in financing
Small business owners in Canada now have a new way to access up to $200,000 of financing online – and in as little as 48 hours after approval. Evolocity Financial Group launched an “e-lending system” last week in which entrepreneurs fill out an online application to...
5 Winning Strategies to Engage Your Customers Online
When you think of online customer engagement, social media automatically comes to mind. However, simply creating those social media pages is not enough. It’s no surprise that approximately 72% of all internet users are now active on social media – with 71% accessing...
1000 Blog Shares: dynamite ways to get your blog shared 1000 times
Today is a quick, mini-blog. Blogging is a fantastic way to increase your web presence. I had the honour of doing a presentation at the MI/Invis PD day yesterday, October 1st on blogging, and I’d like to continue what I started yesterday with some more...
So you want to be a millionaire?
So you want to be a millionaire? Who doesn’t? The real question, the question we all struggle to answer is how. Let’s work on one possible solution. First you need to figure out what you like to do. Many people will tell you that you should do what you love. My...
4 Secrets to NETWORKING World Domination
Don’t be a road runner: Here are 4 simple ways to make the most of speed networking As an entrepreneur, you may have been part of a networking event at some point in your life. The key benefit of taking part in an event like this is to create new contacts that...
The Evolution of Success
Thomas Edison is reported to have said, “I have not failed. I just found 10,000 ways that won’t work” Another great quote comes from Drew Houston, co-founder and CEO of Dropbox who says, “Don’t worry about failure, you only have to be right once” These...
3 Secrets to Blogging World Domination
3 Secrets to Blogging World Domination! Do you: Want to increase your web traffic? Make your opinion known to the masses? Share information you think is important? Get people to take action on a particular subject? Or just otherwise speak your mind? If so, then you...