Dan Papadapoulis's (homeequitytoronto) Blog

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Mortgage and Lending - Mortgage Central Nationwide - M08005776
RECENT BLOG POSTS
Getting out of a bad debt is quite a challenge, but to try to do so with a bad credit is even harder to accomplish. A bad debt is a debt that you can’t afford to overlook payments for but the terms of payment are making it near impossible for you to have the debt taken care of. It takes a bit of ...
11/19/2018
Bad credit may get in the way of getting a second mortgage but it is still possible to get approval even with a less-than-desirable credit score. This is definitely worth a consideration because a second mortgage can be used to improve one’s credit score. A strong application is a must and you mu...
11/19/2018
It took years, but Toronto Police were finally able to lay charges against those involved in bridle-path fraud scheme. The scheme has been going on since 2013 and has been using fake home ownership papers to get mortgage money.What is the Bridle Path Fraud Scheme?The Bridle Path Fraud Scheme is a...
11/19/2018
Refinancing your mortgage is a major financial decision that is best made when you fully understand what you are getting yourself into. Know that although mortgage refinancing is quite common, the outcome and benefits will not be the same for everyone because of various factor that have to be con...
10/31/2018
Trying to pay various bills per month can take a lot of effort, not to mention worrying about racking up fees due to interest and dealing with the stress brought on by seeing bills pile up. Consolidating bills can give you the breathing space you need so you can focus on working to pay instead of...
10/31/2018
Getting a second mortgage is becoming increasingly common in Canada these days; however, not a lot of people know what a second mortgage is and how it can help them manage their finances if used correctly.A second mortgage is a type of loan that allows homeowners to access their home equity provi...
10/11/2018
An up to $5 million offer will be rewarded to whistleblowers for Ontario’s securities regulator newly launched whistleblower program. The program’s aim is to lead to the prosecution of fraudsters, fraud being one of the biggest reasons for business losses of billions of dollars a year. With this ...
10/11/2018
Qualifying for a mortgage these days is seriously a lot of hard work. Banks are stricter than ever, government regulations are tightening up, and interest rates are rising too; meaning, it will even be more challenging to qualify for a mortgage from a bank more so for people who don’t have an imp...
09/27/2018
It looks like recent job losses are not going to prevent an upcoming mortgage rate hike. The Bank of Canada is still poised to raise interest rates in October 2018 despite the losses in the part-time work market in August.Survey Results Fuel Disappointment?The August 2018 survey of the Statistic ...
09/27/2018
Mortgage fraud is on the rise, with more people claiming to make more than they really do in order to qualify for bigger loans. In light of this, the CMHC is aiming for lenders to get access to mortgage applicants’ tax data so that they can identify those who might inflate their declared income i...
09/27/2018
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Dan Papadapoulis

Home equity loans, second mortgages Toronto
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