Archive | FAQ RSS feed for this section

Is my mortgage qualification guaranteed at end of term?

Although we do our best to ensure your success we cannot guarantee that your application for a mortgage will be approved at the end of the term. There are many factors that are taken into consideration when a bank is reviewing a mortgage application, such as total household income, total debit, credit score, and amount […]

Comments Off on Is my mortgage qualification guaranteed at end of term? Continue Reading →

I am self-employed, how long do I need to qualify for a mortgage?

  Under new government lending rules, mortgages can only be provided to Self-employed individuals with at least two years experience running their own business before getting approved.

Comments Off on I am self-employed, how long do I need to qualify for a mortgage? Continue Reading →

I am bankrupt, how long do I need to qualify for a mortgage?

  Under new government lending rules, mortgages can only be provided to bankrupt persons three years after they’ve started re-building their credit.

Comments Off on I am bankrupt, how long do I need to qualify for a mortgage? Continue Reading →

How can I check my credit score?

There are two well known Credit Bureaus in Canada. You can acquire [Read more…]

Comments Off on How can I check my credit score? Continue Reading →

How do you make money?

The investor makes a little to no money on the monthly rent, but what they make their money on is when the tenant exercises the option to purchase the home.

Comments Off on How do you make money? Continue Reading →