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As lending regulations become increasingly strict, private mortgage financing is emerging as a significant source of mortgage funding. Often, there are situations in which banking institutions are unable or unwilling to lend. In these cases, seeking out a private lender becomes a preferred option.
A private lender is an individual or an organization that advances funds in exchange for a mortgage on agreed terms and conditions. Essentially, a private mortgage is a bridge or mortgage loan that is secured by real...
Barb Kramer from Mortgage Brokers Ottawa and Dora Bejaoui of Paul Rushforth Real Estate join Steve Gregory on this week’s edition of Open House: The Real Estate and Mortgage show.
A total of 820 residential properties were sold in January according to the Ottawa Real Estate Board...
Watch this week's segment to see how an RRSP can help with down payment and additional costs on your eligible new...