Mortgage Blog

How Your Credit Score Affects Your Mortgage Application

August 25, 2023 | Posted by: Schofield Mortgages

How Your Credit Score Affects Your Mortgage Application Introduction Your credit score: that elusive three-digit number that holds significant power over your financial life, especially when it ...

When to Refinance Your Mortgage: A Guide for North Bay Homeowners

July 27, 2023 | Posted by: Schofield Mortgages

When to Refinance Your Mortgage: A Guide for North Bay Homeowners Introduction In an increasingly dynamic financial world, understanding your mortgage is more critical than ever. As a Mort ...

Mortgage Insurance: Your Key to Securing a Dream Home with Confidence

July 20, 2023 | Posted by: Schofield Mortgages

Mortgage Insurance: Your Key to Securing a Dream Home with Confidence Introduction The home-buying journey is an exciting process. It's filled with opportunities and risks, and perhaps one aspec ...

Navigating Your First Home Purchase in Canada's 2023 Economy

July 10, 2023 | Posted by: Schofield Mortgages

Navigating Your First Home Purchase in Canada's 2023 Economy Introduction The Canadian economic climate of mid-2023 presents a unique landscape for first-time home buyers, characterized by three ...

Crafting Your Dream Home with Purchase Plus Improvements Mortgage

June 19, 2023 | Posted by: Schofield Mortgages

Crafting Your Dream Home with Purchase Plus Improvements Mortgage Introduction There’s something profoundly exciting about the prospect of owning a home. But, as many potential homeo ...

Are You Really Pre-Approved? Mortgage Pre-Qualification vs Pre-Approval

May 19, 2023 | Posted by: Schofield Mortgages

Are You Really Pre-Approved? Discover the Key Differences Between Mortgage Pre-Qualification and Pre-Approval Pre-qualification and pre-approval are common terms in the mortgage market. Both can be ...

Understanding the Impact of North Bay Real Estate Trends on Your Mortgage

May 13, 2023 | Posted by: Schofield Mortgages

Understanding the Impact of North Bay Real Estate Trends on Your Mortgage Introduction The North Bay area of Ontario, Canada is home to some of the most stunning and sought-after real estate in the ...

The Advantages of Home Equity Loans and Lines of Credit

April 18, 2023 | Posted by: Schofield Mortgages

The Advantages of Home Equity Loans and Lines of Credit Introduction Are you considering taking out a loan to finance a large purchase or expense? Home equity loans and lines of credit (HELOCs) are ...

Tips and Tricks for Securing Your First Home in North Bay, Ontario

April 4, 2023 | Posted by: Schofield Mortgages

Tips and Tricks for Securing Your First Home in North Bay, Ontario Introduction Welcome to our blog post about tips and tricks for securing your first home in North Bay, Ontario. Homebuying can be a ...

New Amendments to Non-Canadian Ownership of Residential Property Act: What North Bay Homebuyers Need to Know

March 30, 2023 | Posted by: Schofield Mortgages

New Amendments to Non-Canadian Ownership of Residential Property Act: What North Bay Homebuyers Need to Know Introduction This blog post discusses the recent amendments to the Prohibition on the Pur ...