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Pegasus Mortgage Lending Center Inc.

Pegasus Blog

Self-Employed Mortgage with 1 Year Income — Ontario Guide

Yes, you can qualify for a mortgage in Ontario with only one year of self-employed income — but typically not through a major bank's standard A-lender channel, which usually requires two years of Notices of Assessment. The realistic paths are

Strong Labour Market

The Impact of a Strong Labour Market on Mortgages: A Comprehensive Analysis

As the economy thrives and more individuals find stable employment, the implications for mortgages become increasingly evident. As per the latest data from Statistics Canada

Mortgage Myths

Don't Be Fooled: Debunking Common Mortgage Myths and Misconceptions

No more falling prey to deceptive ideas like believing interest rates are the be-all and end-all or that you must empty your savings for a

Preparing Financially for a Mortgage While Considering a Career Move

But here's something to keep in mind: your job situation can significantly impact whether you get approved or not. Imagine it like a well-oiled machine,

The Ultimate Resource on Subprime Mortgages

If bad credit stands as a barrier between you and your home, fear not, for a subprime mortgage could be the key to unlocking the

A Step-by-Step Analysis of How Mortgage-Backed Securities Work

With each passing moment, these securities are reshaping the financial landscape, driving the economy forward, and opening new avenues for investors seeking stability and growth.

Co op Housing

A New Path to Homeownership: The Charm of Co op Housing

If you've ever dreamed of owning a home but found the traditional route daunting, co op housing offers a refreshing alternative that sparks a new

Private Mortgage

More Borrowers are Turning to Private Mortgages in Canada: An Analysis of the Market Trends

With the increasing demand for alternative financing options, private mortgage lending has emerged as a viable solution for borrowers who are unable to secure traditional

The Mortgage Stress Test: Evaluating Borrower Resilience

Its significance cannot be overstated when it comes to assessing a borrower’s financial capacity. With a firm grasp on this crucial tool, homebuyers can fearlessly

Discover the Exciting World of Mortgage Interest Deductions

Imagine reducing your tax burden and maximizing your savings while enjoying the comforts of home ownership. When it comes to tax benefits, few opportunities can

Uncovering the Impact of Multiple Bank Accounts on Your Financial Mindset

Are multiple accounts a practical solution to streamline our finances or a needless complication? The debate continues to ignite curiosity, drawing both supporters and doubters

Creditor Insurance

Exploring Creditor Insurance: A Guide to Securing Your Debt

The burden of debt can quickly become overwhelming, causing stress and anxiety. This is where creditor insurance steps in, acting as a powerful shield to

Don't Get Caught Off Guard: Unveiling Lesser-Known Credit Card Fees

However, amidst the convenience and appeal they offer, there lies a stealthy world of hidden charges in credit cards that can catch even the most