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So far skyfinancial has created 210 blog entries.

Mortgage Insurance in Canada

Mortgage insurance is a kind of insurance that was developed to compensate financial institutions or investors should a homeowner default on their loan. It is required for any mortgage where the downpayment is less than 20%. Whether the mortgage insurance is public or private will depend on the institution that lends the funds. Where Can [...]

By |2019-03-10T20:29:20+00:00March 10th, 2019|Mortgage Products, Mortgage Tips|0 Comments

What Canadian’s Should Know About Debt Consolidation and Refinancing

What Canadian’s Should Know About Debt Consolidation and Refinancing   For a lot of Canadian’s today, one of the biggest hurdles to financial security is paying off their debt. Unfortunately, because of how easily we can acquire debt - credit cards, lines of credit, auto loans, home equity loans - for many this task feels [...]

By |2019-02-27T17:08:52+00:00February 27th, 2019|Debt management|0 Comments

Tips for Getting Your Mortgage Approved

TIPS FOR GETTING YOUR MORTGAGE APPROVED Applying for and getting your first mortgage can be slightly intimidating for anyone. However, you can avoid a number of the more stressful points and improve your chances of being approved by being prepared. By going into the application process knowing what lenders are looking for and knowing how [...]

By |2018-12-21T20:03:19+00:00December 21st, 2018|Mortgage Tips|0 Comments

How Can I Invest in the Canadian Real Estate Market?

How Can I Invest in the Canadian Real Estate Market? Before deciding that you are going to invest in real estate it is vital to do your research, particularly when it comes to funding and mortgages. Taking out additional mortgages as a way to buy investment properties can be tricky - especially when so many [...]

By |2018-12-21T20:11:55+00:00November 16th, 2018|Investment Properties|Comments Off on How Can I Invest in the Canadian Real Estate Market?

National Mortgage broker conference -B20

MORTGAGE STRESS TEST ADDRESSED AT THE CONFERENCE On Monday Oct 29 2018, CMHC addressed a few questions regarding the regulatory changes in the mortgage industry at the National Mortgage Broker conference The mediator for this seminar was the President of the "Mortgage Professionals Canada". The discussion was mainly about the Mortgage stress test ie; B20.  CMHC [...]

By |2018-12-21T20:13:31+00:00October 31st, 2018|Mortgage Rules, Stress test|Comments Off on National Mortgage broker conference -B20