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Refinancing Mortgages Affect Credit Score

By Spring5 comments
Refinancing Mortgages Affect Credit Score    How does refinancing my mortgage affect my credit score?   How do hard inquiries affect my credit score as well, does the inquiry tend to diminish ...Answer    Thank you for your question regarding mortgage refinancing and how this affects your credit score.       Creditors will run your credit report when refinancing your mortgage ...

What Are ā€œMortgage Terms"?

By Anonymous5 comments
What Are “Mortgage Terms"?   I am just now starting my research on mortgages and what it all entails.   I am still a little confused regarding the "mortgage terms" what are they and what ...Answer Thank you for your question.   Here are some examples of mortgage terms. A mortgage term is the length of time, which it usually is in years, in which the limits of a mortgage have legal effect. ...

How can I save money on my mortgage?

By Anonymous4 comments
How can I save money on my mortgage?   Is there anything I can do to ensure I am saving some money when it comes to the interest on my mortgage?   What are some options that are available to ...AnswerIn terms of saving money on your mortgage, there are a few things that you can do:   accelerated payment frequency: you make an extra payment directly against your mortgage each year; you’ll ...
Why Do Mortgage Lenders Need my Tax Returns

Why Do Mortgage Lenders Need my Tax Returns?

By Jonathan McClap7 comments
 Why Do Mortgage Lenders need my Tax Returns?   I was wondering If I could get more information regarding this topic as I want to look into applying for a mortgage some time in the future. Why ...AnswerHello Jonathan,   Thank you for reaching out to the Canadalend team with your question regarding the mortgage process and tax returns.   "Why mortgage lenders need tax return information" is ...

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