Mortgage reforms alone won’t solve housing crisis, says Mortgage Professionals Canada CEO Debt Guru

Mortgage reforms alone won’t solve housing crisis, says Mortgage Professionals Canada CEO

 Debt Guru

Van den Berg made the comments during her testimony before the Standing Committee on Finance on Thursday, where she welcomed recent government actions including extending amortization periods for first-time home buyers and increasing the insured mortgage limit of $1.5 million. β€œWe commend the government for implementing these changes, but there still remain critical areas that … Read more

Positive News for Borrowers: The OCR Drop and What It Means for You! 😲 Debt Guru

Positive News for Borrowers: The OCR Drop and What It Means for You! 😲

 Debt Guru

Good news for borrowers! The Reserve Bank made a significant announcement yesterday, lowering the Official Cash Rate (OCR) by 25 basis points to 5.25%. The move signals a change in monetary policy that could provide much-needed relief to those suffering the consequences of rising mortgage payments. What this means for your mortgage Following the OCR … Read more

Silver Hill Mortgage | Private Mortgage Lenders in British Columbia: Blog – Silver Hill Mortgage Corp. Debt Guru

Silver Hill Mortgage | Private Mortgage Lenders in British Columbia: Blog – Silver Hill Mortgage Corp.

 Debt Guru

There are many benefits to appraising a property because no two properties are the same. If you are planning to purchase or invest in real estate in Vancouver, Surrey, Kelowna, Victoria or elsewhere in British Columbia, it is important to keep in mind that finding the right one is important. assessor to assist you in … Read more

Guide to DSCR Loans in Largo, Florida Debt Guru

Guide to DSCR Loans in Largo, Florida

 Debt Guru

If you are an investor in Largo, Florida and looking to finance your real estate projects, you may have come across the term DSCR loan. This financial product can be a game changer for real estate investors. In this article, we’ll explore what DSCR loans are, their requirements, credit score considerations, and the types of … Read more

FHA 203k Mortgage Process and Eligibility Requirements Debt Guru

FHA 203k Mortgage Process and Eligibility Requirements

 Debt Guru

In this blog, we will cover and discuss the FHA 203k mortgage process and eligibility requirements. The Gustan Cho Associates team is experts in originating and financing $203,000 FHA loans. FHA 203,000 loans allow home buyers to buy renovations and will lend for acquisition and renovation in one lending program. Home buyers need 3.5% of … Read more

Trudeau announces massive drop in immigration targets as Liberals make major shift Debt Guru

Trudeau announces massive drop in immigration targets as Liberals make major shift

 Debt Guru

By Nojoud Al Mallees and Laura Osman The government aimed to welcome 500,000 new permanent residents in 2025 and 2026. The target for next year will instead be 395,000 new permanent residents, and this figure will drop to 380,000 in 2026 and 365,000 in 2027. β€œIn the tumultuous period we experienced after the pandemic, between … Read more

Customer journey: a single mother builds a dream Debt Guru

Customer journey: a single mother builds a dream

 Debt Guru

At The Mortgage Supply Co, we are fortunate to meet incredible people with inspiring stories and Ham Butler-Davidson is no exception. Meet Ham: a single mom who dreams of creating a sustainable life for herself and her little one.With determination and support from friends and advisors, she purchased her own land and built a small … Read more

Silver Hill Mortgage | Private Mortgage Lenders in British Columbia: Blog – Silver Hill Mortgage Corp. Debt Guru

Silver Hill Mortgage | Private Mortgage Lenders in British Columbia: Blog – Silver Hill Mortgage Corp.

 Debt Guru

If you are considering purchasing an investment property in Kelowna, Vernon, Kamloops or elsewhere in the Okanagan Valley or Lower Mainland, with the intention of renovating it, there are some key elements to seriously consider. Others may consider investing in properties in Metro Vancouver, spanning Vancouver, Burnaby, Langley, Surrey or all three cities – but … Read more

How to Get a DSCR Loan in Miami Beach in 5-7 Days? Debt Guru

How to Get a DSCR Loan in Miami Beach in 5-7 Days?

 Debt Guru

For real estate investors in Miami Beach, Florida, navigating the financial landscape can be complex. One financing option that has gained popularity among investors is the DSCR loan. In this article, we’ll look at what DSCR loans are, the requirements needed to get one, credit score considerations, and the types of properties that qualify for … Read more

Manufactured Home Loan Guidelines on Purchases Debt Guru

Manufactured Home Loan Guidelines on Purchases

 Debt Guru

In this blog, we will cover and discuss manufactured home loan guidelines on purchases. Few lenders offer manufactured home loans. Over time, manufactured home builders create beautiful, functional manufactured homes. You can’t tell the difference between a stick-built house and modern manufactured homes. Table of contents “Click here” To fall over Double Wide Manufactured Home … Read more