OMJ Mortgage Capital Inc. - Items filtered by date: April 2017

Saturday, 29 April 2017 12:20

Here’s the real deal on the mortgage changes and what you can expect

Now that the dust has settled a bit, there’s some more perspective on what the recently announced changes to the mortgage industry means for the average Canadian. Make no mistake, the changes that come into effect July 9, 2012 and the lowering of the amortization period down to 25 years means you

Saturday, 29 April 2017 12:17

A few words on the second mortgage

Life has a way of throwing you unplanned surprises and the attending economic woes often mean you need to come up with some money you hadn’t planned on. On the other hand, you might have some plans that require a large chunk of cash you don’t have saved away. After you’ve been through the mort


Saturday, 29 April 2017 11:50

Here’s a few words on the types of mortgages available to first time buyers

Once you understand all the mortgage requirements, have saved up a down payment and gotten preapproved, you’re ready to start shopping for that new home. One of the other financial matters that you need to look at is the mortgage types that are available to first time home buyers. Following is a q

Saturday, 29 April 2017 11:46

Here are several things first time homebuyers must do

Sorting through all the difficult parts of the home buying process and asking yourself serious questions like: What mortgage can I afford? is really only the beginning of a thorough first time home buyer checklist that will get you in the front door with a minimum of hassle.

Still, it is importan


Saturday, 29 April 2017 11:42

Bigger isn’t always best and some other good first time home buyer tips

You want to get the most from your money when you’ve got everything in order and are looking to buy that first home. It stands to reason you’ll want to be a savvy shopper and avoid the pratfalls that are out there waiting for a newbie, but some of those issues might not be the ones that you thin

Saturday, 29 April 2017 11:33

Mortgage Brokers Toronto: Quick News Snippets

While some real estate agents look to foreign lands for Toronto condo buyers, new reports are saying that absentee owners can create trouble for their tenants. All a situation that mortgage brokers toronto will do well to keep an eye on.


Canadian home sales are being d


Saturday, 29 April 2017 11:32


Most individuals have a general understanding of what it takes to qualify for a home loan, but few know what the basic requirements commercial lenders require for commercial real estate loans.

There are 5 main qualifying criteria commercial lenders use to analyze the approvability of a commercial

Saturday, 29 April 2017 11:31

Your Toronto mortgage broker lets you in on what not to do online

Unless you’ve been hiding under a rock, you know these are the times when business is done with the Internet. It’s common knowledge now that you not only need a website to take the place of yesterday’s business card, but it’s good to be up on all the techniques a Toronto mortgage broker need


Saturday, 29 April 2017 11:28

Recent survey has Toronto mortgage broker industry scoring high for loyalty

It’s always nice when your hard work gets recognized. So it doesn’t seem like we’re showing off when we point toward a recent survey published on the CMHC website that states27% of mortgage consumers used a mortgage broker to arrange their mortgage in a 2012 survey. That compares with 23% in 2