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Caledon Mortgage in Ontario Canada

This is a discussion on Caledon Mortgage in Ontario Canada within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Who is Mortgages Canada? Think of us as your private mortgage shopper. With access to over 75 lenders, we shop ...


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Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.

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Old 09-09-2008, 08:08 PM
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Who is Mortgages Canada? Think of us as your private mortgage shopper. With access to over 75 lenders, we shop mortgages and give the deal to you. You select the ones you like and lets us do the documentation. On top of that: ...

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