Mortgage amortization. Term. Payment schedule. Renewal and refinancing. These are all phrases you’ll hear over the lifetime of your mortgage, and they’re all connected. One frequent question people have about mortgages is “What does amortization mean?” First, what exactly is amortization? The mortgage amortization period explained So, what is the… Read More
Jason is a salaried government worker who’s been in the same job for many years. When Jason’s wife suddenly fell ill, he took on a lot of costs caring for her. These bills went into default and then sadly, Jason’s wife passed away. Her funeral expenses were too high to… Read More
Janine and Mark were both working full time and paying their bills when their child suddenly fell ill. As any mother would do, Janine took on the obligation of caring for her child’s needs, which meant taking an indefinite amount of time off from work. This also meant putting important… Read More
You can plan and prepare for a lot of scenarios in life, but the first few months of 2020 have been an undeniable reminder and a sobering lesson of how quickly things can veer off course. With a big shift in day-to-day life, emotions and money are inextricably linked, so… Read More
We are all social distancing for the greater good, but that doesn’t mean we’ve been taking it easy. Our new Bridgewater Bank BDM – Paul Delaney has been preparing from home and we’re excited to (digitally) introduce him to the broker community! Paul comes to us with 25 years of… Read More
Jackie and Joe have been dreaming of building a second home on a plot of land they own together. They have equity in their current home, but they also have some debt they want to pay off. They made the decision to talk to their mortgage… Read More