Learning Centre

When you get a mortgage, your lender registers a charge against your property title. Most homeowners don’t realize there are two ways this can be done — standard charge and collateral charge — and that difference can affect how easily you can refinance, switch lenders, or access your home’s equity later. Understanding which one you have can save you thousands of dollars and give you more flexibility at renewal.

The Canadian government has announced new mortgage rules starting December 15, 2024.

Registering a TD collateral charge for 125% of the property value can be convenient in the future if you need to borrow additional money from home equity, but it may limit your ability to get secondary financing if your personal finances suffer.

If you're considering buying an investment property with your down payment coming from a Home Equity Line of credit (HELOC), here is what you need to know.

The cash-out refinance closing process in Canada involves a few steps to help you secure a new mortgage and access the equity in your property. Here is an overview of what you can expect during the closing process:

In Canada, the proceeds from a cash-out refinance are not taxable. This means that if you refinance your mortgage to pay off other debts or to make home renovations, you will not have to pay tax on the money you borrow.

Are you a homeowner in Canada over the age of 55 looking to borrow against the equity in your home? If so, you may be considering a reverse mortgage. But can you get a reverse mortgage on a condominium in Canada? The answer is yes, but there are certain requirements that must be met. In this article, we'll explore what you need to know about obtaining a reverse mortgage on a condominium in Canada and how a mortgage broker can help you navigate the process.

No, debt consolidation does not hurt your credit. In fact, consolidating debt will usually improve your credit. This Article will explain why that is and what you need to know.

A reverse mortgage is a loan that homeowners above the age of 55 can take out using the equity in their home as collateral. This loan can be used to supplement income or to simply access the equity in your home. Reverse mortgages are becoming increasingly popular in Canada as a way for people to access the wealth tied up in their home. Here we take a look at how a reverse mortgage works in Canada.

Are you tired of feeling overwhelmed by multiple debts and high-interest rates? A debt consolidation mortgage might be the solution you're looking for. By combining all of your debts into one payment, you can save money on interest and simplify your finances. Here are the key things you need to know about debt consolidation mortgages and how they can help you take control of your debt.

If you are struggling with debt in Ontario, Canada, you may be wondering what your options are for consolidating your debts. There are several options available, including refinancing your existing mortgage, getting a second mortgage, adding a Home Equity Line of Credit (HELOC), making a consumer proposal, or filing for bankruptcy. It's important to understand the pros and cons of each option before deciding which one is right for you. A financial professional can help you understand your options and make a plan to get out of debt.

If you're considering using the "Buy Renovate Rent Refinance Repeat" (BRRRR) strategy to build wealth and passive income through real estate investing, there are a few key things you need to know. In this article, we'll delve into the details of the BRRRR strategy and provide guidance on what you need to know in order to make it work for you.

If you're struggling with debt in Canada, you might be wondering what your options are for getting your finances back on track. Debt consolidation and consumer proposals are two potential options that can help you pay off your debts and regain control of your finances. Here's what you need to know about these two options to help you decide which one might be right for you.

Are you looking to tap into the equity in your home to get some extra cash? A cash-out refinance may be the solution you're looking for. With a cash-out refinance, you replace your current mortgage with a new one for a larger amount and get the difference in cash.

If you're looking to access the equity in your home, an equity take out refinance may be a good option to consider.

When you move from one home to another, you may want to keep your existing mortgage — especially if it has a great rate or low remaining penalty. This process is called porting your mortgage, and one of the most common questions homeowners ask is whether a new down payment is required.

When it comes time to renew your mortgage, you have two main options: you can either renew your existing mortgage or you can refinance to a new mortgage. Both options have their own pros and cons, and the right choice for you will depend on your individual circumstances. Here is what you need to know about mortgage renewal vs refinance, and the advantages of refinancing at mortgage renewal time.

Refinancing a mortgage can be a great way to save money on your monthly payments and pay off your home loan faster. But before you decide to refinance, it's important to understand the potential costs involved, including legal fees. Here is what you need to know about legal fees for refinancing a mortgage in Canada.

Refinancing a mortgage can be a great way to save money on your monthly payments, improve your cash flow, and reach financial freedom faster. But before you decide to refinance, it's important to understand the pros and cons of this financial decision. Here are some key points to consider:

Buying your first home in Ontario comes with several government-backed incentives designed to make homeownership more affordable. These programs can reduce your closing costs, lower your taxes, and help you save for your down payment faster. Below are the six key programs every first-time buyer should know about in 2025 — what they are, how they work, and how much you can save.

Reverse Mortgage Horror Stories in Canada often sound alarming—stories of homeowners losing their homes or falling into debt. In reality, most of these cases come from the U.S., not Canada. Here, reverse mortgages are tightly regulated, require independent legal advice, and include a “no negative equity” guarantee, meaning borrowers can’t owe more than their home’s value. As a trusted reverse mortgage broker we’ve seen how these loans can be safe and beneficial when structured properly. Learn what really causes problems and how to avoid them.