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So far skyfinancial has created 188 blog entries.

What the New Mortgage Landscape Means for You

Since the financial and housing crisis that gripped the world in the middle of the last decade, governments across the world have tightened regulations in an effort to reign in lending, and make the market more stable. Here in Canada, we did not suffer the same consequences of the U.S. housing crisis, but over the [...]

By |2017-01-04T01:02:16+00:00July 22nd, 2015|Mortgage Tips|Comments Off on What the New Mortgage Landscape Means for You

Debunking Some of the Top Canadian Mortgage Myths

Applying for a mortgage can be a worrying time for those looking to get onto the property ladder. There are countless myths about getting a mortgage in Canada - let’s look some of those myths and the truth behind them. Myth - You need a down payment of at least 25% to be accepted for [...]

By |2015-07-08T16:44:36+00:00July 8th, 2015|Mortgage Tips|Comments Off on Debunking Some of the Top Canadian Mortgage Myths

The 411 On Construction Loans

Construction loans are back by lenders who provide funding for newly built homes. These types of loans are typically obtained by home construction companies or by private builders that need the extra capital to manufacture a house from scratch. Most construction loans are offered to large construction corporations that manufacture homes on a mass scale. [...]

By |2017-01-04T01:02:16+00:00June 17th, 2015|Lines of Credit|Comments Off on The 411 On Construction Loans

Everything You Need To Know About Renewing Your Mortgage

With mortgage loans considered by banks and customers to one of the safest there is, mortgage loans have traditionally been among the most popular types of loans taken out by people. For that same reason many people choose to renew their mortgages once the term of their previous one has ended. Mortgage renewal is one [...]

By |2017-01-04T01:02:16+00:00June 2nd, 2015|Mortgage Tips|Comments Off on Everything You Need To Know About Renewing Your Mortgage

What You Need to Know About Debt Consolidation Loans

A debt consolidation loan is a great solution if you are struggling to pay multiple creditors. A financial institution will offer you one large loan that enables you to pay off all your existing debts, leaving you to make a single monthly repayment to your loan provider. This is an attractive option as it basically [...]

By |2017-01-04T01:02:16+00:00May 14th, 2015|Budgeting, Debt management|Comments Off on What You Need to Know About Debt Consolidation Loans

The Advantages of Qualified Mortgage Brokers

Applying for a mortgage is probably one, if not the biggest financial commitments you will ever make. That’s why you need to have the right partner on your side as you search for the best mortgage. Although many people have always turned to their banks for this, working with a mortgage broker is by far [...]

By |2015-04-21T19:14:55+00:00April 21st, 2015|Mortgage Products, Mortgage Tips|Comments Off on The Advantages of Qualified Mortgage Brokers

Mortgages for the Self-Employed

In the past, getting a mortgage was relatively easy for self-employed people. However, recent changes on laws governing mortgages has made it more difficult for self-employed individuals to access mortgages even though they may have a higher median net worth than paid employees. Below are some issues self-employed individuals might face when applying for a [...]

By |2017-01-04T01:02:16+00:00April 6th, 2015|Mortgage Tips|Comments Off on Mortgages for the Self-Employed

What You Need to Know about Mortgage Refinancing

There are several advantages to mortgage refinancing. Whether you are going through financial hardship and need extra money or simply want to take advantage of lower interest rates, refinancing your mortgage can help. If you are approved for a lower interest rate or switch from an adjustable rate to a fixed one, the savings can [...]

By |2017-01-04T01:02:16+00:00March 23rd, 2015|Mortgage Tips|Comments Off on What You Need to Know about Mortgage Refinancing

A Home Renovation Loan May Be Just the Thing for You!

Renovations are changes that add value to a house. Renovation planning can cover a lot of ground: from new bathrooms and termite damage repair to stair railings and plumbing. Obtaining a renovation loan brings many advantages. The lifestyle advantages are immediate, but the financial ones are more long-term: a more valuable property to live in [...]

By |2017-01-04T01:02:16+00:00March 9th, 2015|Uncategorized|Comments Off on A Home Renovation Loan May Be Just the Thing for You!

The Benefits of Using a Mortgage Broker Versus a Bank

For many people, mortgage payments are their single largest expense. When they go into their local bank and fill out the mortgage paperwork they like believe they are receiving the best deal, but are bank-brokered arrangements really the best deal you can get? There are so many options available today that going to the bank [...]

By |2017-01-04T01:02:16+00:00March 9th, 2015|Uncategorized|Comments Off on The Benefits of Using a Mortgage Broker Versus a Bank