Dan Papadapoulis's (homeequitytoronto) Blog

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Mortgage and Lending - Mortgage Central Nationwide - M08005776
RECENT BLOG POSTS
Deciding whether to get a second mortgage or not is a serious financial decision. After all, applying for a second mortgage means using your home equity as collateral for a loan.How Does a Second Mortgage Work?When you apply for a second mortgage, the money lent to you is held against the value o...
10/22/2020
There are many things to consider before getting a second mortgage. First is the fact that a second mortgage is a loan that goes on top of a primary mortgage, meaning, it is an additional loan that uses the home’s equity as collateral. Another big factor is whether the purpose of the loan is wort...
10/22/2020
Mortgage fraud and title fraud are the most devastating types of real estate fraud in Canada. Although real estate fraud in general hurts homeowners, victims of mortgage fraud and title fraud can lose the only home they have and end up homeless.What is the Difference Between Mortgage Fraud and Ti...
10/19/2020
There is an increase in the occurrence of title fraud in Canada as well as other types of real estate fraud in recent months. With everything going on, fraudsters are taking advantage of the pandemic to take over properties. They pose as the owner and pretend that they’re just normal people who a...
10/01/2020
Business Email Compromise fraud (BEC fraud) is a group of fast-growing type of scam in Canada that targets businesses. If you own a business, it is best to get acquainted with the tactics that BEC fraudsters use so that you’ll be better equipped to protect yourself moreso that business transactio...
09/28/2020
Applying for a second mortgage is not easy if you do not know what you are doing especially during uncertain times. However, now might be a smart time to get a second mortgage with the help of mortgage professionals who can assist you and put your needs as a priority. Read on below to find out th...
09/08/2020
Do you want to change the terms of your mortgage or do you need money for a big purchase? If you’re on the fence about these, then you might also be wanting to know if it is better to use your home equity or to refinance your mortgage for funding. Read on below to help you make a better-informed ...
09/08/2020
As much as 23% of millennials are lying on their mortgage application and think it is justified, according to what was found out by Equifax. They truly think that there is nothing wrong with inflating their income on their mortgage applications.Eye Opening SurveyEquifax’s latest survey reveals th...
08/18/2020
Canadian homeowners have plenty of ways to access home equity although it can be tricky to choose which option is the best for their specific situation. It is not a secret that some individuals may face more difficulties or experience more limitations such as in the case of freelancers and other ...
07/24/2020
In a recent case investigated by the Royal Canadian Mounted Police (RCMP), the senior executives of a publicly traded company were charged with fraud related to the financial statements of the company. The RCMP stated that the accused created an elaborate scheme of paper trails that exaggerated t...
07/24/2020
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DanPapadapoulis

Home equity loans, second mortgages Toronto
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