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by Jeremy
If you’re self-employed, you may have a more difficult time obtaining financing for that home, but there’s still many ways to get it. Since 2010, CMHC has changed the rules for down payment amounts, and to add to the confusion, there are also new rules for those who have been self-employed for more than three years. Still, if you can prove your income, show you’re up-to-date on your taxes and you have solid credit, the chances that you get that approval, are greatly improved. By providing the required documentation, you’re much more likely to be approved for a mortgage if you qualify based on your…
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Posted by Jeremy
The Canadian federal budget for 2015 was announced yesterday, and it brings with it some consumer-friendly benefits. Dealing…
Posted by Jeremy
Genworth Financial recently polled 1,800 first-time homebuyers in Canada to get a feel for what that demographic looks…
Posted by Jeremy
Canada’s two biggest mortgage insurers both raised their premiums by 15% this week, bringing changes to the mortgage…
Posted by Jeremy
It’s no secret that Calgary’s economy hasn’t been so kind to many, with several major companies announcing huge…
Posted by Jeremy
In fraud prevention, there’s a general rule of thumb: if sounds too good to be true, it usually…
Posted by Jeremy
March is Credit Education Month, and coincidentally there have been a lot of headlines lately about scams and…
Posted by Jeremy
Internet and social media scams are on the rise in Canada, and since it’s Fraud Prevention Month, it’s…
Posted by Jeremy
March is Fraud Education Month in Canada, and it’s the perfect time to get educated on what mortgage…
Posted by Jeremy
Good morning, As you know, your variable rate mortgage, line of credit and/or student loans are all based…
Posted by Jeremy
With talk about interest rates lowering even further, many homeowners are wondering if it’s time to refinance their…
Posted by Jeremy
During times of economic uncertainty, which is arguably what Calgary is dealing with right now (at least in…
Posted by Jeremy
A lot of people are being tight with their money right now, saving in the wake of uncertainty…