First National Financial says recent government mortgage policy changes, including extending amortizations to 30 years and a higher cap on insured mortgages, could provide a slight boost to its margins. During the company’s third-quarter earnings conference call, President and CEO Jason Ellis explained how the changes could expand First National’s pool of eligible borrowers and … Read more
Are you considering buying a house in New Zealand? One of the biggest concerns for most Kiwis is getting the lowest mortgage rate possible. Many start by going to the banks offering the lowest interest rates, but often find themselves confused by the complex jargon and lack of clear explanations about how mortgage rates work. … Read more
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. “We commend the government for implementing these changes, but there still remain critical areas that … Read more
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
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