Your Mortgage Financing Can Support Your Home Renovation
We usually associate zombies with Hallowe'en, but when it comes to old debts they could revive when you least expect it. More and more Canadians are facing record-high levels of debt, due in part to extremely low interest rates. If you've passed the point when budgeting will help you get your finances back on track, chances are zombie debt has caught up with you.
Jan 22 2020
It can be an overwhelming experience to find yourself in debt, with your credit sliding from bruised to bad. If you want to make a major purchase, like buying a house, it might feel as though that dream is slipping away. While it can be difficult to find your own way back to a strong financial situation and repair your bad credit, there are many solutions available to you.
- What is a credit score and how do lenders use them?
A credit score is a three digit number calculated from your data-rich credit report and is one factor used by lenders to determine your creditworthiness for a mortgage or loan. Your score can affect whether or not you are approved, as well as what interest rate you are charged.
Apr 03 2019
A Rent-To-Own Agreement In Trouble
Several years ago, Drew and Lori entered into a rent-to-own housing arrangement. They had been working on rebuilding their credit after a series of professional setbacks and a family medical emergency racked up their debt.
Jul 02 2018
Sometimes the journey to your perfect home takes more twists and turns than you expected. This was the case for Sharon and Susanne, who worked with the Auxilium Team for over two years to purchase the property they now call home.
Oct 11 2017
More than ever, your credit needs to be top-notch to get the best terms, the best rate and the best offers on your mortgage. What does that mean if you have bruised or bad credit?