U.S. Tariffs on Canada: What They Mean for Real Estate and Mortgage Markets While the direct impact on housing may not be immediately apparent, the ripple effects of increased costs, inflationary pressures, and economic uncertainty could shape the lending landscape in the mon...
What is an Appraisal and Why is it Important for Your Mortgage Investment? What is an Appraisal? An appraisal is an unbiased professional opinion of a property’s market value. Conducted by a licensed appraiser, this process evaluates various factors, including the property’s...
How to Rebuild Your Credit for a Better Mortgage Rate Don’t worry—at Lendworth, we specialize in helping borrowers with less-than-perfect credit. Here’s a step-by-step guide to rebuilding your credit and how we can support you on your journey to better m...
What Is a Weighted Balance Debt? A Smart Alternative to Refinancing This is where the concept of weighted balance debt comes into play. By leveraging a second mortgage at a higher interest rate instead of refinancing your entire mortgage, you can maintain a lower over...
Equity-Based Lending: Lendworth's Expertise in Underwriting Practices At Lendworth, we believe in simplifying this process through equity-based lending—a practice that offers a straightforward path to financial solutions by focusing on the value of the property rather t...
Navigating the Mortgage Landscape in January 2025: Stats, Rates, and Inflation Current Mortgage Stats The mortgage market has seen some fluctuations over the past year. As of January 22, 2025, the average rates for various mortgage terms in Canada are as follows: 5-year fixed-ra...
How to Become a Mortgage Representative for Lendworth As a leading mortgage brokerage and private lender in Southern Ontario, Lendworth is expanding its team and looking for motivated individuals to join our dynamic workforce. Here's how you can become a...
Understanding Inflation in Canada and Its Impact on Interest Rates From groceries and gas to housing and energy, inflation affects nearly every aspect of daily life. But how does inflation tie into interest rates, and what does this mean for Canadian households, busi...
Unlock Financial Flexibility with Lendworth: Your Trusted Partner in Private Lending Why Choose Private Lending? Private lending is an excellent alternative to conventional bank loans. Unlike traditional lenders, private lenders focus on the value of your property and its equity rathe...
How to Refinance Your Mortgage Without the Stress 1. Understand Why You’re Refinancing Before starting the process, clarify your goals. Common reasons for refinancing include: Lowering your interest rate. Reducing monthly payments. Accessing home equ...
Understanding the MLS® Home Price Index (HPI): How It’s Calculated in Toronto What Is the MLS® Home Price Index (HPI) Composite Benchmark? The MLS® Home Price Index (HPI) is a measure that tracks the prices of residential properties in a consistent and comparable way. It’s desi...
Private Lending: Why It's a Smart Choice At Lendworth, we specialize in providing quick, equity-based financing tailored to meet the unique needs of individuals and businesses in Toronto and the surrounding areas. Whether you’re seeking fund...