Articles about financing

Not sure how to put together a down payment? Want to buy a second property? How can you leverage your home equity to pay for your children's post-secondary education? Dare to dream. You'll find your answers here.

self-employed man What you need to know about being self-employed March 24 2017 | by Multi-Prêts Hypothèques Abandoning the comfort of a stable salary and benefits to set out on your own, requires a good deal of guts and optimism. Much like going skydiving, being brave and daring isn’t enough; you need to also be prepared and know exactly what to expect. empty wallet Life after bankruptcy - How to start over February 22 2017 | by Multi-Prêts Hypothèques There are two ways to deal with a bankruptcy: cry about it, or start looking ahead. pool in Florida A condo in Florida—financed in Quebec February 3 2017 | by Fabien Major There is a long-standing love affair between Quebecers and Florida. Many choose the Sunshine State as the ideal spot for retirement. Would you like to learn more about what to consider when purchasing property in Florida? Top 3 financial mistakes retirees make February 1 2017 | by Fabien Major For most of us, the concept of retirement means “living off our investments” at 65—or even better at 60. However, in reality, many people are unaware of very important details regarding their financial security. Read this article to prepare yourself for your golden years! Borrowing capacity - What is a mortgage rate stress test? January 25 2017 | by Denis Doucet Before approving your credit worthiness for a mortgage, the financial institution is now required to perform a mortgage rate stress test (usually referred to as a stress test). The stress test is aimed at assuring the lender that the home buyer could still afford the mortgage in question if interest rates were to spike. happy couple Who is affected by these new rules? January 3 2017 | by Denis Doucet New mortgage rules have recently come into effect, causing a lot of uncertainty for homebuyers. While these rules impact most people, you must remember that very few people will be unable to buy or refinance a home. Let’s take a look at what these mortgage rules can mean to you. man doing a puzzle Self-employed? Avoid the hassles when getting a mortgage December 16 2016 | by Fabien Major I’m sure you’ve heard many stories of self-employed workers and small business who have had problems trying to get or refinance a mortgage. Read these tips to find out how you can overcome them! man on the beach Your number one New Year’s resolution - Saving for that dream vacation! November 30 2016 | by Multi-Prêts Hypothèques Another year is just around the corner, and with a fresh start comes the inevitable new year’s resolutions. Do your resolutions cost a significant chunk of cash, such as a trip to Europe or Bora Bora? Here are some quick tips for setting up a structured budget to ensure your dreams become a reality in the year ahead! credit card Tips to improve your credit rating November 30 2016 | by Denis Doucet What is a credit bureau and more importantly, what do they do? What is a credit rating, how does a credit bureau determine a rating, and why is having a good credit rating so important today? Can I hurt my credit rating by shopping for a mortgage myself? This article answers some of the most common questions around credit worthiness and more. couple cooking How to finance your retirement with your property November 29 2016 | by Fabien Major When you don’t have access to a retirement savings plan at work, paying back your mortgage becomes a way you can force yourself to save for the future. But realistically, how can you used the money you invest in your home to generate recurring revenues?