Mortgage Blog

February 16, 2024 | Posted by: Devon Jones

In this article, Sunlite Mortgage will guide you through the essential things every first-time home buyer should know before making a significant home-buying decision. From understanding your budget and mortgage options to navigating the real estate market and negotiating the best ...

May 23, 2023 | Posted by: Devon Jones

In today's world, credit cards have become an essential part of our financial lives. They offer convenience and flexibility in making purchases and managing expenses. However, for many Ontarians, credit card debt has become a significant financial burden. In such ...

May 20, 2023 | Posted by: Devon Jones

Introduction: Moving to a new country is an exciting adventure, but it often comes with financial challenges, especially when it comes to buying a home. For newcomers to Canada, securing a mortgage can seem like a daunting task. However, with ...

March 11, 2023 | Posted by: Devon Jones

Taking out a second mortgage can be beneficial for many homeowners, as it can provide them with extra financial flexibility and allow them to increase their equity in the home faster. In this guide, we'll discuss the advantages of taking ...

NOVEMBER 17, 2020 | Posted by: Devon Jones

Since the inception of the stress test the banks have continued to advance collateral charge mortgage  but the readvancement has not been as easy. To get additional funds you will need to reapply and be approved based on credit, income ...

May 4, 2022 | Posted by: Devon Jones

What Is a Bank Lender? Banks take money from depositors and give them a low-interest rate. They turn a tidy profit by lending the money to borrowers at higher rates. Federally chartered banks can also borrow money from the government at ...