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by Jeremy
When it comes to approving you for a mortgage, your lender will look at many elements of you and your application before deciding to take that on or not. You are essentially auditioning for each lender, and there are many factors that will go into the likelihood of you being approved. Here’s the 5 Cs of mortgage borrowing: Credit: firstly, your lender is going to look at your credit. They will be looking at not only your credit score, but also your past repayment habits. Missed payments from the past will show up on your credit report as well, so ensure you have a solid…
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Posted by Jeremy
Your credit is a very powerful tool for your financial future, and it’s especially important when it comes…
Posted by Jeremy
Starting tomorrow, homebuyers without a 20% down payment, will be paying more to purchase a home. Canada’s largest…
Posted by Jeremy
Interest rates are still historically low, and recent surveys show that more and more Albertans are looking at…
Posted by Jeremy
The latest security breaches to government websites due to the heartbleed bug, should be good reminder for you…
Posted by Jeremy
A recent survey released by BMO Bank of Montreal, showed that the youngest first-time homebuyers in Canada are…
Posted by Jeremy
According to a new study released by Scotiabank, 37% of mortgage holders in Canada are less than 10…