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![Exploring the Types of Properties Eligible for Preapproval Loans in Canada](https://www.vestaproperties.com/wp-content/uploads/2024/05/Mortgage-Blog-Feature-img.jpg)
If you’re planning to buy a new home, you will need a preapproval. While they’re not mandatory, a preapproval is an assessment done by the lender to see what types of home loans you qualify for. There are different types of residential properties such as single-family homes, multiplexes, condos, and townhouses. Most mortgage preapprovals are … Continued
Read More![Rate Holds vs Rate Locks: Understanding the Difference for Canadian Homebuyers](https://www.vestaproperties.com/wp-content/uploads/2024/05/Rate-hold-blog-featured-img.jpg)
If you’re looking for a home, you may have heard the terms rate hold vs rate locks. While rate holds and rate locks are very similar, there are a couple of minor differences between the two. Rate Hold: A mortgage rate hold is essentially a guarantee by the financial institute that they will hold a … Continued
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