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Category: Uncategorized

Category: Uncategorized

On the new Tory leader and the state of Canadian federal politics

August 25, 2020

Erin O’Toole beat out Peter Mackay, the front runner, to claim the crown and leadership of the federal Tory Party this weekend. O’Toole won by portraying himself as a more right wing Tory than the moderate approach of Mack …

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Equity Advances: What are they and how do they work?

August 19, 2020

Obtaining an equity advance on your home can be simple. An equity advance mean that you are taking some of the money out on your home. For an equity advance, Tembo would place a mortgage on the property, and advance you the funds prio …

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On our unbelievable real estate market

August 14, 2020

Summer’s are usually hot with real estate activity in the GTA and southern Ontario, but last month was especially fiery. Despite everything that’s happened, a 17% price increase was recorded. Furthermore, sales soared over …

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Looking for easy finance solutions?

August 12, 2020

Financial solutions have never been this easy before!  Tembo financial can offer you and your clients financial solutions that best suit their needs in Ontario. If you are in North York, Mississauga, Brampton, Etobicoke, Cambridge, W …

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The U.S. turns up the heat on Canada

August 7, 2020

The Trump Administration has decided to impose S. 232 tariffs on Canadian aluminum exports. The rumour had floated in the media for many weeks but news of the official decision was made by the President. For southern Ontario, the impa …

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Loans for Deposits

August 7, 2020

Are you currently selling your property? Have you been shopping around to try and find a place to move to? If you are and require a deposit for a new purchase, where are you going to come up with the funds? Selling your home and arran …

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2nd Mortgage Refinance

August 4, 2020

When refinancing your current mortgage, it is important to know the type of lender you prefer to work with. Refinancing is a big step of a mortgage process, where you, as the client are able to either stay with a current lender, or fi …

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We’re getting back to normal!

July 31, 2020

Today, the Government of Ontario announced a comprehensive plan to re-open schools. The plan is based off of the detailed advice from leading medical and public health experts. All publicly-funded elementary schools will be reopening …

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Your property taxes should NOT have to soar

July 28, 2020

In this blog post, Tembo will inform readers that your property taxes should not have to go through the roof because of your municipality being cash strapped from COVID-19. That’s because the Government of Ontario and the Feder …

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Advance the equity in your home!

July 27, 2020

Is your equity tied up in your home? Tembo Financial is able to advance you the equity tied up in your property. Now more than ever, many people are looking for an equity advance on their property. The most efficient way to do so, is …

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How does Loan to Value effect you?

July 24, 2020

You may have heard the term Loan to Value (LTV)when applying for a mortgage, but do you really know what it means and how it can effect your loan? Loan to value is the amount of money that you owe on your property, divided by the amou …

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What is a second mortgage

July 22, 2020

A second mortgage is just like a regular first mortgage on your property, however it is in second position. That means, that after you pay out your first mortgage, the second mortgage gets paid out afterwards. This makes second mortga …

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