How Debt Consolidation Can Get You Out of Debt Faster

Aug 012017

Debt Consolidation
If you are experiencing financial difficulties due to having many high-interest debt repayments, having the right solution can save you a lot of time, money and greatly reduce stress. One such solution is debt consolidation

Getting a Bad Credit Home Equity Loan in Edmonton

Jun 132017

Getting a Bad Credit Home Equity Loan in Edmonton Having bad credit can leave you feeling helpless particularly if you have unsuccessfully tried to apply for a loan. It is worse if you recently changed your employer or previously struggled to meet your financial obligations. However, bad credit home equity loans offer you leeway obtain financing. 

Buying a Home Before Yours Sells: Is Bridge Financing is a Good Idea?

May 082017

Buying a Home Before Yours Sells: Is Bridge Financing is a Good Idea?When transitioning from one home to another, the closing of the two sales do not always coincide. Oftentimes, the closing date of the sale of your old home occurs after that of the home you are purchasing. This can leave you without the money to make a down payment on the new home since it remains tied up in equity. Many turn to bridge financing to overcome this issue; bridge financing temporarily funds the purchase of the new home until closing the sale of the old one. Bridge financing can be a very useful tool for ensuring your transition, but it can also be expensive and risky if not undertaken with care.  

Dream of Owning a Home But Have Bad Credit? A Mortgage Broker Can Help

Apr 122017

Dream of Owning a Home But Have Bad Credit? A Mortgage Broker Can HelpIf you are one of the many Canadians with bad credit, owning a home may seem like an unattainable goal. However, at BMC Mortgage and Investments we do not think bad credit should be an obstacle to purchasing the house of your dreams. There are many things that our bad credit mortgage brokers, can do to secure you a mortgage for a new home in Edmonton. 

What is Debt Consolidation and How Does It Work?

Mar 012017

What is Debt Consolidation and How Does It Work?A credit card here, a car loan there, you may not realize how much debt you have accumulated until it's too late to make monthly payments comfortably. Perhaps you have had a change in employment or a sudden, large expense you hadn't counted on. Whatever the case may be, it does not take long before your credit is damaged and you are in over your head. Debt consolidation may be the answer to your predicament. 

The Good and Bad of Bridge Financing

Feb 062017

The Good and Bad of Bridge FinancingSituations can arise in life where you need fast access to a significant amount of cash for a short period. While there are many business instances, the most common of these situations is when you have listed your home for sale and before it sells, you find your dream home. You must come up with a down payment on the new home or risk losing it, yet your money is tied up in your current property. In such cases, bridge financing can help you purchase your new home or complete a business transaction. As with any loan product, there are good and bad points to bridge financing in Edmonton. 

What You Need to Know About Bad Credit Home Equity Loans

Jan 102017

What You Need to Know About Bad Credit Home Equity LoansOwning a home in Edmonton can leave you cash-strapped, especially if you change employers or are forced to respond to an unexpected financial obligation. Perhaps, after struggling to meet financial commitments, you have applied for a loan only to be turned down. In these cases, Bad credit home equity loans may be a good solution for you, but there are some things you need to know. 

How Using a Bad Credit Mortgage Broker Helps You in the Long Run

Dec 052016

How Using a Bad Credit Mortgage Broker Helps You in the Long RunIf you’re experiencing difficulties getting a mortgage due to bad credit, you may feel that your dream of owning a home seems more distant than ever. For many Edmontonians, being turned down for a mortgage due to bad credit feels like the end of line - but there is hope. Contacting your bad credit mortgage brokers in Edmonton at BMC Mortgage and Investments may be the first step to refinancing, lightening your debt, and beginning to rebuild your credit. Here are a few ways we might accomplish this: 

The 3 Big Benefits of Bridge Financing

Nov 212016

The 3 Big Benefits of Bridge FinancingOnce you have decided to sell your home and the sign is up, what do you do if you find your dream home before you have any offers? Since most people in Edmonton don't have a large five-figure lump sum sitting around in their bank accounts, it's not likely you'd have enough to make a down payment and secure your new home before your current home is officially sold. In situations like this, bridge financing in Edmonton is extremely beneficial and can help you make a down payment on a new house. 

Learn More About Getting a Mortgage with Bad Credit