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 […]
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.
Under new government lending rules, mortgages can only be provided to bankrupt persons three years after they’ve started re-building their credit.
There are two well known Credit Bureaus in Canada. You can acquire [Read more…]
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.