Second Mortgages in Hamilton

by | Mar 27, 2019 | Uncategorized

A second mortgage is a mortgage that is placed on a property that already has a first mortgage on it. A property may have multiple mortgages on it, and they are named in the order in which they are placed on the property. When a property is sold, the mortgages must be...

How to Stop Power of Sale in Hamilton

by | Mar 21, 2019 | Uncategorized

What is Power of Sale? In the city of Hamilton and the rest of Ontario, the lender can use the power of sale process if the borrower fails to make mortgage payments. In the power of sale process, the lender evicts the homeowner to sell the property and recoup their...

Private Mortgage Lenders in Hamilton

by | Mar 21, 2019 | Uncategorized

If you’ve been turned down by a bank, you may still be able to get a private lender mortgage. A good way to find a private lender is through a mortgage broker. Mortgage brokers that focus on private lending will have a network of private lenders that compete for...