Why Borrowers May Choose a Private Mortgage
The process of buying a home will require you to contact local banks and mortgage companies to determine the financing options that are available for you. The reality, however, is that not [...]
When Should You Get a Mortgage Broker?
Contacting a mortgage broker is ideal for anyone looking to buy a home because this connection will improve your knowledge of the housing market, and you will be able to access the best rates and [...]
How To Finance A Home Renovation; For Personal Residences Or For Resale Or Rental
Renovations can mean a new kitchen, bathroom, upgrading furnace + electrical, to fully gutting the property and installing new drywall, pot lights, tiling, trim, painting, windows, doors, stairs, [...]
Ontario Home Builders Association
CYR Funding Inc. #11681 is different because it is a full-service Mortgage Brokerage Firm representing institutional lenders such as pension funds, life insurance companies, domestic and foreign [...]
ARE YOU A RENOVATOR OR SMALL BUILDER?
In this article you will learn how to finance the acquisition, the renovation or construction costs and the take-out mortgage upon completion if required. Arranging to finance is so exciting. The [...]
Fixed Rate vs. Variable Rate Mortgages
When it comes to mortgages, there are two options to choose from; fixed or variable. While it can seem simple, there are a few things to keep in mind when deciding which mortgage option is best [...]
Attention Mortgage Agents – Why You Need Us
As a mortgage agent, you have many tools and resources available to you to help you help your clients. In a perfect world, all mortgages would be straightforward, and all lenders would be able to [...]
Attention Mortgage Agents! Don’t Lose a Deal… We Can Help You Fund
If you have been a mortgage agent for any length of time, you have no doubt witnessed first-hand the heartbreak when a serious potential home buyer simply can’t qualify for a mortgage. Not only [...]
Funding Success Story: How CYR Funding Helped a Client’s Dream of a Rental Property Come True
If you are looking to earn an income from a rental property but think that it just is not possible right now because you cannot get a mortgage or because you have not saved up enough of down [...]
Hitting Retirement? Have You Considered Investing in Mortgages?
Are you one of the many Canadians that is getting to retirement age? Do you wish you had been able to save up and invest more for your retirement, but various circumstances have left your nest [...]
Attention Mortgage Agents! Don’t Lose a Deal…We Can Help You Fund
If you have been a mortgage agent for any length of time, you have no doubt witnessed first-hand the heartbreak when a serious potential home buyer simply can’t qualify for a mortgage. Not only [...]
How New Mortgage Rules Are Affecting Home Buyers
It has been nearly a full year since the federal government implemented a new financial stress test which prospective home buyers must pass in order to qualify for a mortgage from federally [...]
Is A Secondary Mortgage a Good Investment Opportunity
By its basic definition a secondary mortgage is when traditional lenders such as banks sell off their mortgages to other investors in order to raise more capital so that they can make more home [...]
CYR Funding: The Private Lending Stigma: What is alternative lending and how could it help you?
Alternative lending is a fairly broad term that is used to describe the wide range of loan options available to both consumers and business owners outside of a traditional bank loan. There are [...]
Look For Experienced Mortgage Brokers When It Comes To Getting a Mortgage
Purchasing a home is undoubtedly one of life’s biggest milestones. It’s a big step not just financially, but emotionally; and having someone to help you navigate that can be a big relief. Because [...]
Common Mistakes When Applying for a Mortgage and How to Avoid Them
Applying for a mortgage….It’s a process that may seem complicated and daunting, but it doesn’t need to be. Knowing some of the most common mortgage mistakes, and how to avoid them will help make [...]
Helpful Tips to Prepare You Before Applying for a Mortgage
Whether you are planning to purchase a new home, refinance your current mortgage or take advantage of one of the many other available mortgage tools on the market, it’s no doubt that you want the [...]
What to do when the bank has turned you down for a mortgage
You had it all planned out. You imagined the lifestyle that you would have once you moved into your new home. Maybe you were going to convert part of the basement into the ultimate in-home movie [...]
How CYR Funding Saves You Time and Money
In the world of mortgages and financing, you come across a wide variety of clients, situations and transactions. Some are fairly straightforward while others can get quite involved and [...]
Are You a Renovator or Small Builder? You May Find This Insightful
If you are a small builder or renovator, financing the acquisition, renovation or construction costs of a home is a strategic process – especially when it comes to taking out the mortgage upon [...]
How to Finance a Home Renovation
Renovations can mean a new kitchen, bathroom, upgrading furnace and electrical, to fully gutting the property and installing new drywall, pot lights, tiling, trim, painting, windows, doors, [...]
What You Should Know About Financing Land
Generally financial institutions do not lend on land, unless it is for a very high net worth, experienced and proven builder or developer, but even that is difficult. Most land is financed either [...]