Home Mortgage News
from The Mortgage Store Online

• Monthly payments on home equity loan lines of credit are lower than credit card minimum payments
  Read about how minimum credit card payments are not actually lower than payments you would make on a home equity line of credit, so you can learn how to save money with a home equity loan.
• Larger borrowed amounts come from home equity lines of credit, vs credit cards
  It's actually easier to get a larger borrowing-amount through a home equity line of credit than from a credit card.
• Proof of income not necessary for home equity loan lines of credit
  It's not always necessary to show proof of income to get a line of credit from a home equity loan, making it as easy to apply for a home equity line of credit as it is to apply for a credit card.
• Broker fees do not make home equity loan lines of credit more expensive than credit cards
  Read this article to learn how the cost of potential broker fees charged on a home equity line of credit compared to the cost of a credit card. Also learn how and when broker fees are charged by mortgage brokers, if at all.
• Home equity line of credit, defined
  Find out what a home equity line of credit actually is, how it works, and how it differs from regular home equity loans and credit cards: so you can learn how to best utilize a home equity line of credit, and benefit from the savings it provides.
• Fixed & Adjustable Rate Mortgage Loan Product - With Line of Credit Option
  The Mortgage Store Online is now offering a new home mortgage product, that gives a borrower the best of two worlds: both a fixed interest rate and an adjustable interest rate. It is ideal for people who need lower cost funds for renovations, investments, tuition or debt consolidation.
• Adjustable Rate Mortgage Loan Product - With Low Introductory Rate
  The Mortgage Store Online announces it is now offering a 5 year term adjustable interest rate mortgage with a guaranteed low introductory rate of only 3.49% for the first 3 months.
• Adjustable Rate Mortgage Loan Product - Without An Introductory Rate
  The Mortgage Store Online has introduced a 5 year term adjustable interest rate mortgage that, unlike most adjustable rate mortgages, adjusts at only 3 month intervals.
• Seek expert advice from a mortgage broker - before buying or refinancing a home
  Before buying a new home or refinancing your current home, get expert advice from a knowledgeable mortgage broker who is up with their current home mortgage loan events and products.
• Lower mortgage rates for borrowers stem from access to exclusive lenders
  Find out how The Mortgage Store Online can offer you lower rate options through it's exclusive relationships with Canadian home mortgage lenders: lenders that you cannot access directly by yourself.