Are first and second mortgage rates the same?

By Canadalend1 comments
Are first and second mortgage rates the same?   I was interested in getting more information about applying for a second mortgage.   Are the rates higher than that of a first mortgage?  ...AnswerHi there and thank you for reaching out to the Canadalend team.   Yes, the rates for a second mortgage are generally higher than a first depending on what type of lender approves you but at Canadalend.com ...

Will I Still Be Able to Buy a House in Ontario with the New Mortgage Lending Rules in 2018?

By CanadalendBlog1 comments
Will I Still Be Able to Buy a House in Ontario with the New Mortgage Lending Rules in 2018?   Hi there,   I have heard many great things about your firm and I was hoping you could help me. I ...AnswerHi there and Thank you for reaching out to the Canadalend Team with your Mortgage Question.   Of Course you can still qualify for a mortgage with the new lending rules.    Fill out an application ...
How Can I List and Sell My House for More Than What My Broker is Saying

How Can I List and Sell My House for More Than What My Broker is Saying?

By Canadalend1 comments
How Can I List and Sell My House for More Than What My Broker is Saying?   Hi there,   I was wondering if I could please get some input on a situation I'm currently in.   I have paid for ...AnswerHi there and thank you for reaching out to the Canadalend with your question.   Typically appraisals come in lower than the market value, but in appraisals there is a comparable section which allows ...
Does a Second Mortgage Get Paid Off Before a First Mortgage

Does a Second Mortgage Get Paid Off Before a First Mortgage?

By Canadalend1 comments
Does a Second Mortgage Get Paid Off Before a First Mortgage? I’m considering taking out a second mortgage for debt consolidation purposes and was wondering if a second mortgage gets paid off before ...AnswerYou would still have your first mortgage and then your second mortgage would be a separate payment, two separate payments that could have two separate interest rates, no your second mortgage is not necessarily ...
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Reviews

4 member reviews
    By Mark
    Thank you Canadalend for helping me with mortgage approval advice.
    so hellpful with their responses to mortgage related questions
    The Canadalend team helped me when I had no where else to turn. Thank you so much
    By Flux
    Very Helpful financing and lending information!
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