Learn what to do before applying for a mortgage, what to watch for during the process, and how to use one after you've bought your home.
In a residential mortgage, a homebuyer pledges their house to the bank or other type of lender, which has a claim on the house should the homebuyer default on paying the mortgage. In the case of a foreclosure, the lender may evict the home’s tenants and sell the house, using the income from the sale to clear the mortgage.
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Want to buy a home, switch your mortgage, or renew or refinance? You’re in the right place. Compare mortgage rates, get pre-approved or explore your options.
Mortgage brokers will be able to give you a deeper understanding of the results that you will be seeing from our Mortgage Calculators. They can provide you with advice and tips to make sure you grasp how home loans work. Mortgage brokers can also assist you in getting the best home loan deals in town that perfectly fit your needs and capacities.
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