Buying a Property
The Vendor Take Back (VTB)
A vendor take back is the process where a seller of a home takes back a portion of the equity as a mortgage loan. V.T.B.s
Duncan Wilson
July 4, 2022
A vendor take back is the process where a seller of a home takes back a portion of the equity as a mortgage loan. V.T.B.s
A promissory note is paper evidence of a debt that a borrower has agreed to owe a lender. When you sign a promissory note, you are
There are many things to know about title transfer refinances. Firstly, it all depends on how you obtain ownership of the property A title transfer
When the proceeds from the sale of the property are not enough to pay off the entire mortgage debt or closing costs, the difference between
M.I.C stands for Mortgage Investment Corporation. A M.I.C is a type of investment company that invests in mortgages. Typically, they are made up of a
All mortgage commitments have a funding date. The funding date signifies when the funds for your mortgage will be released. If a date cannot be
In the world of mortgage lending, a mortgage commitment and intent to lend are two very different terms. Understanding this difference is crucial for anyone
We are not talking about a cozy blanket in this post. However, sometimes getting a blanket mortgage can create a cozy deal. A blanket mortgage
Higher quality comes at a cost. Builder upgrades occur when a borrower adds additional features or upgrades their new home above and beyond the original
Custom build homes offer a unique opportunity for homeowners to create a living space that perfectly fits their lifestyle and personal taste. What exactly does
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