General Knowledge
May 30, 2023

Credit Repair: A Comprehensive Guide to Fix Your Credit

Improving your credit score is a process that takes time and effort, but it's achievable. While there's no "quick fix" for a bad credit score, with a bit of dedication,…
Mortgage General
May 25, 2023

All you need to know about down payment: How to determine your budget and secure your down payment

When buying a home, deciding how much to put down largely depends on your financial situation. The minimum down payment required is based on the purchase price of your home,…
Mortgage General
May 10, 2023

Are You Considering a Guarantor? Here’s What You Need to Know!

A "guarantor” is a valuable resource for those who may have a poor credit history or lack sufficient income to qualify for a loan. Essentially, a guarantor acts as a…
Reverse MortgagesMortgage General
May 3, 2023

All you need to know about reverse mortgages

The most common misconception for many people regarding home ownership is that after the mortgage is paid off, life will be easier. Even if you own a home, you may…
Mortgage General
April 26, 2023

HELOCs: Unlocking the Secret to Tapping into Your Home’s Financial Potential!

HELOC is a secure revolving loan in which the lender uses your home as a guarantee HELOC is a secure revolving loan you can obtain, pay up and borrow again,…
Mortgage General
April 19, 2023

Insuring Your Peace of Mind: The Importance of Having the Right Insurance Coverage

Owning a home is among the major purchases a person can make in their lifetime. At Pegasus Mortgage Lending Inc., we firmly believe that this investment is a crucial component…
General Knowledge
April 5, 2023

“Must Know” Credit Score Facts

It's easy to get confused about credit scores—even more so when figuring out what they mean for your finances. Your credit score is a 3-digit number calculated based on your…
General Knowledge
March 31, 2023

A Hassle-Free Guide to Mortgage Renewals

Every mortgage renewal gives you an opportunity to analyze your current mortgage and examine it according to your financial necessities and goals. Mortgage renewal can be an unpleasant occurrence for…
General Knowledge
March 22, 2023

Impersonation Scams are on the Rise!

Impersonation scams refer to the illicit use of identifiable aspects of an individual, brand, or entity. Defined, an imposter impersonates someone else to gain an illegal advantage. The impulse is…
Mortgage General
February 17, 2023

Important Factors to Consider Before Selling Your Home

So you’ve chosen to list your property for sale! In general, selling a home is considered less complicated than buying one. However, even though selling a property is simpler than…
Mortgage General
February 1, 2023

A Beginner’s Guide to Purchasing Your First Home

Throughout the country, money-savvy millennials are investing in properties, Understanding that it is the safest long-term investment that one can perhaps make. Most of us have had goals like attaining…
Mortgage General
January 24, 2023

A Beginner’s Guide To Refinancing

When you refinance your mortgage, you pay off your existing mortgage and swap it for a new one. Regardless of whether the mortgage is scheduled for renewal, if you wish…
Mortgage General
September 1, 2022

Breaking Mortgage Contract: What Is breaking a mortgage contract and What are Fees Associated with it?

To break a mortgage contract, you'll need to renegotiate with your lender. This is also known as breaking your mortgage contract. The cost to break your mortgage contract is impacted…
Mortgage General
September 1, 2022

Mortgage Term: What Is a Mortgage Term and How Does It Affect You?

A mortgage term is when you are committed to a mortgage rate, lender, and conditions set out by that lender. A mortgage term is when you are committed to a…
September 1, 2022

Mortgage Pre-Approval: What Is a Pre-Approval Loan & Why Should You Get One?

Mortgage pre-approval is a great way to get an idea of how much house you can afford before looking for your dream home. If you have an idea of what…