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Blog by Linda M Linfoot

Holding Companies vs Operating Companies

December 18th, 2013
“Holding” Companies vs. “Operating” Companies Why the Difference Matters to Mortgage Lenders While there may be a number of financial planning reasons for a business to own its real estate in a separate holding company, there is also a lesser known reason; namely, the ease of obtaining mortgage financing. While on the face of it, the scenarios of property held by an operating comp ...

Mortgage Penalties

December 6th, 2013
The hidden trap of mortgage penalties at the big banks Thinking of buying a house? You may want to ditch your bank for an alternative lender. Rob Carrick explains – http://www.theglobeandmail.com/globe-investor/personal-finance/mortgages/the-hidden-trap-of-mortgage-penalties/article15774375/  It’s easy to get caught in the posted mortgage rate trap at the big banks. No, you won’t ...