A commercial mortgage is a loan used to purchase commercial real estate. The property is pledged as security or used as collateral in exchange for the funding. Commercial mortgages can be used to purchase a variety of properties, including retail outlets, offices, hotels, and residential buildings to be used for business purposes. If you want...
Are you new to mortgages and wondering what an Adjustable-Rate Mortgage (ARM) is and how it works? With interest rates rising at an unpredictable rate, more and more homebuyers are considering an adjustable-rate mortgage, or ARM, in comparison to the fixed-rate mortgage. This allows you to repay the amount you have borrowed at varying interest...
Are you a builder planning to start a new construction project? Want to apply a construction loan to deal with supplier costs, labor market charges, material pricing, and technology improvements. If yes, getting construction finance in Abbotsford can save you from financial burden that comes up with a new project. Having strategic finance and financial...
Buying an investment property may sound enticing. Purchase a second home or apartment, and then rent it out to tenants who will cover the expenditures and offer you with a consistent monthly income. In Canada, investment property mortgages differ from the type of mortgage you had when you purchased your own house. The criteria are...
The demand for farm mortgages in Abbotsford is growing more and more as the agriculture sector develops and continues to grow. The advantages offered by agricultural mortgages have made them a popular option for lenders as well as farmers. In addition to giving lenders a safe place to invest, these mortgages give farmers the money...
