just saw an episode on hgtv and a first time buyer entered into a 2nd mortgage along with his 1st mortgage. is this common? why not roll it into 1 mortgage?

Are you offering any incentives?Or demanding extra security deposits?

Can a lender typically foreclose on a single mortgage property when it goes underwater, if the payments are kept up to date? In this example, lets say the mortgage is for $500K and the property was $700K and is now wo...

Hey guys,I had a question regarding getting approved and receiving conventional financing (typical, personal mortgage with fixed 30 year amortization).  This is regarding Texas as well -- not sure if that makes a diff...

                                                                What is PMI?     PMI, or private mortgage insurance, is a lender's protection in the event that you default on your primary mortgage leading to foreclosu...

Who in Canada can lend the most mortgages or doors ? RBC does up to 7 residential mortgages.National used to do 16 but they are out of the game now

Hello,I am new to RE and am looking to perhaps purchase my first property. However, I am a bit confused in where I should go to get a pre-approval? Should I start with Banks ( Such as Chase, Bank of America etc..), sh...

Residential real estate investing has the potential to be very profitable. But how much do you need to invest in real estate and generate steady passive income?
Unfortunately, the perceived excessive costs involved ...

Can some explain what is a balloon mortgage and how is use?

Hello everyone. I'm struggling to find a mortgage lender for inexpensive properties. I'm wanting to buy several single family houses in a neighboring province (Canada) and several lenders have now told me they have a ...