CHIP Reverse Mortgage Review
Provided by HomeEquity Bank, the CHIP Reverse Mortgage is a program aimed at homeowners 55+ years old who may require access to the equity within their house. Via the CHIP…
Mortgages
What is the Penalty if I Break My Mortgage with Scotiabank?
While you may be happy with the level of customer service you are receiving at your current financial institution for your mortgage and also enjoying a sufficiently low-interest rate, at…
What is the Canadian Mortgage Stress Test?
A mortgage “stress test” helps to plan for the worst-case financial scenario. It involves modelling to figure out how much a person can afford to borrow when buying a house,…
Equitable Bank Reverse Mortgage Review
Established in 2016, Equitable Bank is a digital bank that offers a wide variety of financial services in a non-traditional way, as everything is conducted online or over the phone.…
Canadian Mortgage Bonuses – December 2020
As 2020 slowly winds down, many will be looking forward to what 2021 might bring. For some, this could include a new home. If you are shopping around for a…