The Bank Said NO! Now what?

The Bank Said NO! Now what?

One thing we haven’t talked about here is what you do if every lender your mortgage broker has attempted to...

Condition on Financing.

Condition on Financing.

Condition on Financing. Okay so you’ve met with a mortgage broker and you’ve got the financing all squared away. So...

Fixed Rate or Variable?

Fixed Rate or Variable?

Okay, one more entry about financing before we discuss the other matters involved in purchasing a property. A very popular...

Collateral or Covenant

Collateral or Covenant

Collateral or Covenan. When a bank lends you money for a mortgage on a property, obviously the value of the...

Good Article.

Good Article.

No blog entry today but a great article to read on the Canadian housing market. http://www.theglobeandmail.com/report-on-business/economy/whats-next-for-canadas-housing-market/article1641460/ Have a great weekend!...

Credit Ratings

Credit Ratings

Credit Ratings Well I don’t think there’s anything that can affect your ability to get a mortgage more then the...

Capital or AKA, Cash.

Capital or AKA, Cash.

I hope you’re enjoying my posts and finding them informative. Please feel free to ask any questions by posting in...

Employed or Self Employed.

Employed or Self Employed.

Obviously income is a very necessary component when it comes to qualifying for a mortgage but how you earn that...

Capacity or Income.

Capacity or Income.

Good morning. I hope you had a good weekend. Let’s pick up where we left off last week and talk...

How Much Can You Afford?

How Much Can You Afford?

So how does a lender determine how much you can afford. Well this question is has a multi part answer...

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