Accounting for Construction Loan Draws Construction loans are different from a normal mortgage. With a regular residential mortgage, the money is usually advanced one time when the mortgage closes. With a construction loan, the lender usually releases the money in stages. These stages are called construction loan draws, mortgage draws,...
Purchase Plus Improvements
Prepared by LeSolace Corporation May 1, 2026Purchase Plus Improvements: Buy the Home, Then Make It WorkNot every home is perfect on closing day.Sometimes the right property needs work. New flooring. A better kitchen. A bathroom update. Paint. Windows. Maybe repairs that make the home more comfortable and functional.That is where...
Brandon Manitoba
Your Complete Guide to Getting a Mortgage in Brandon, Manitoba: 2025 Update Brandon, Manitoba – the "Wheat City" and second-largest city in Manitoba – has been experiencing an exciting evolution in its real estate market.As mortgage experts serving the Brandon community, LeSolace Corporation understands the unique opportunities and challenges of...
Non-profits
Non-Profit Organization Mortgages in Ontario and Alberta: 2025 Expert Analysis As a leading mortgage brokerage serving both Ontario and Alberta, LeSolace Corporation understands the unique challenges non-profit organizations face when seeking mortgage financing.This comprehensive guide covers everything you need to know about securing non-profit mortgages in both provinces.Provincial Registration RequirementsOntario...
Alberta Self-employed
Complete Guide to Self-Employed Mortgages in Alberta: 2025 Success Strategies As a self-employed professional or business owner in Alberta, you've built your success through determination and hard work. But when it comes to securing a mortgage, you might find yourself facing unique challenges that traditional employment doesn't present. At LeSolace...