Resources - Wise Equity

How to Get a Mortgage as a Self-Employed Professional

by Leon Alexander | September 30, 2020 | Mortgage Tips | 0 Comments

How to Get a Mortgage as a Self-Employed Professional Today Canadians are choosing to break free from the 9 to 5 grind and start up their own businesses. While being self employed is also a grind, it does however come with several perks and benefits. The percentage of...

What You Need to Know About Closing Costs.

by Leon Alexander | September 26, 2020 | Mortgage Tips | 0 Comments

What You Need to Know About Closing Costs If your planning on purchasing your first home, you should educate yourself on closing costs. Closing cost could add up quickly, catching you off guard. It can even sometimes stop your ability to close on your purchase. To be...

Wise Tips on Improving Your Credit

by Leon Alexander | September 24, 2020 | Mortgage Tips | 0 Comments

Wise Tips on Improving Your Credit Bad credit will hinder your ability to purchase a home, by a car, start a business and even stop you from funding your education. Therefore, it is necessary to make sensible financial decisions and build good habits to ensure your...

Why You Need To Get a Pre-Approval

by Leon Alexander | September 22, 2020 | Mortgage Tips | 0 Comments

Why You Need To Get a Pre-Approval A mortgage pre-approval is an important part in the process of purchasing a home, especially as a First Time Home Buyer. If you are a first-time home buyer, it is imperative to obtain a mortgage pre-approval before speaking with a...

Finding the Best Toronto Mortgage Broker

by wiseequity | May 24, 2023 | Mortgage Tips | 0 Comments

When it comes to financing your dream home or investment property in Toronto, finding the right mortgage broker is crucial. An experienced and reliable mortgage broker can navigate the local market, connect you with suitable lenders, and help you secure the best...

Unleash Your Equity Potential

by Leon Alexander | February 22, 2022 | Mortgage Tips | 0 Comments

Purchasing your first will likely be the most memorable purchase in your life. It is extremely gratifying and overwhelming at the same time. We understand how confusing and stressful the process of buying a home can be, so we're here to help! Whether it's...

Alternative Lenders: A Better Choice

by Leon Alexander | July 22, 2021 | Mortgage Tips | 0 Comments

Business owners with healthy, profitable businesses may still encounter obstacles and rejection when applying for loans with traditional lenders. This difficulty is not just a problem for applicants that are self-employed, the same is true for many Canadians that...

Refinancing To Invest

by Leon Alexander | June 24, 2021 | Mortgage Tips | 0 Comments

WHAT IS MORTGAGE REFINANCING? Mortgage refinancing is a process that involves paying out your existing mortgage with a new mortgage, also know as ‘remortgaging’. Simply put, this means getting rid of the original mortgage by paying it off with...

Self-Employed?

by Leon Alexander | May 28, 2021 | Mortgage Tips | 0 Comments

Here’s what you need to know about applying for mortgages You might feel like you don’t have what it takes to achieve mortgage approval when your income and expenses vary as a self-employed person. That is not the case! You need to ensure your ducks are in a row...

Should Your First Home Be a Fixer-Upper?

by Leon Alexander | April 27, 2021 | Home Renovations, Mortgage Tips | 0 Comments

We often hear that millennials in the GTA are looking for creative ways to purchase their first home. A viable option is buying a more affordable house and increasing the equity through renovations. If you want to know if this is the best option for you, then read...

Using your home equity to pay CRA debts

by Leon Alexander | April 8, 2021 | Mortgage Tips | 0 Comments

Sometimes we're surprised when we find out how much we owe to the Canada Revenue Agency (CRA) after filing personal tax returns, especially if they have been neglected for a few years. Just like any other surprise expense, you must work even harder and try...

Is Debt Consolidation The Right Option For You?

by Leon Alexander | March 16, 2021 | Mortgage Tips | 0 Comments

Debt consolidation is the process in which homeowners can access the equity in their homes to pay off debts that may be holding them back. This is a commonly suggested strategy used for homeowners looking to improve their cash flow and reposition themselves...

Mortgage 201: Life After Approval

by Leon Alexander | March 1, 2021 | Mortgage Tips | 0 Comments

Achieving approval is very exciting and worth celebrating, however, there is still more work to be done. Your lender will likely do a final review of your credit and employment history as well as a final review of the contract to ensure everything is in place. We urge...

Mortgage 101: Getting Approved

by Leon Alexander | February 19, 2021 | Mortgage Tips | 0 Comments

W.E. want to take a moment to thank our frontline workers, their selfless service to the greater community is helping us all get through these tough times. Let's follow their lead by spreading love support positivity every chance we get! Now it's time to...