Are you an American who is thinking of moving to Canada to take advantage of a job opportunity? Are you already thinking about whether or not you want to purchase a house once you get there? While buying a home can be tricky no matter where you go, here are some things you should know about Canadian mortgages:
Different down payment expectations: In the United states, it's extremely common for a lender to demand a down payment of 20% before you're able to get a mortgage.
When you need to lease a new piece of machinery to use for your business, you need to be sure that you are leasing a piece of equipment that you will be able to get a lot of use out of, because many of these items are quite pricey. Many companies cannot simply buy a piece of heavy machinery outright because of how expensive they are, so they lease one instead.