Danny Papadopoulos's (homebasetoronto) Blog

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Mortgage and Lending - Homebase Mortgages - 12785
RECENT BLOG POSTS
Canadians are finding that it has become increasingly difficult to qualify for a mortgage lately, especially after several mortgage stress tests were implemented. In relation to this, a recent Equifax Canada survey revealed that a lot of Canadians are willing to commit fraud if it meant qualifyin...
11/15/2019
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...
11/05/2019
Buying a home is a huge financial decision. As such, it is best done with the help of professionals who knows the ins and outs of home buying and will iron out any possible issue that may come along. The professionals that can serve this role are usually real estate agents and real estate lawyers...
10/30/2019
Trying to manage several debts can be a huge headache more so if you have to deal with debt collectors and are already financially stressed out. It might be best to consolidate your debt to make payments easier to manage as well as get rid of unnecessary stress. More so, debt consolidation can sa...
10/29/2019
There is a common misconception that a good credit score means that someone will surely be approved for a home equity loan. The truth is, rejection for a home equity loan isn’t exclusively for those with bad credit. A good credit score can prove beneficial and help someone get a mortgage approval...
10/29/2019
An increasing number of homeowners currently has a HELOC so the question is, is it still possible to get a second mortgage if you already have an existing HELOC? The fact is, that may be a big challenge considering the recent changes for second mortgages implemented by Canada’s leading HELOC prov...
09/20/2019
Identity fraud and identity theft are common occurrences these days. They happen when someone obtains and uses someone else’s personal data in a fraudulent or deceitful manner for economic gain or other reasons. The problem is becoming even more prevalent because of misinformation online and the ...
09/20/2019
Perhaps you’re wondering whether now is the right time to get a second mortgage. After all, getting a second mortgage is quite common these days and it doesn’t seem to be a very complicated process. Is it indeed true that it is easy to get a second mortgage?Second Mortgage RequirementsJust like a...
09/18/2019
Getting a second mortgage is not a decision to trifle with. After all, you need to use your home equity as collateral for you to get approved for a second mortgage. With this in mind, how do you know when it is time for you to get a second mortgage? What are sound reasons to apply for one and how...
09/18/2019
You may be planning to get HELOC to pay for school, finance a home renovation project, or just want access to your home equity for emergencies and the like. For a lot of homeowners, a HELOC is a good borrowing option with relatively low interest as compared to other types of loans. Having a low-i...
07/16/2019
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Danny Papadopoulos

Offering Private & Second Mortgages in Toronto
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