Below you'll find a list of all posts that have been tagged as “specialized mortgage programs”
As the world continues to change and evolve, so do mortgage rules. As a result of these changes, fewer people are qualifying for mortgages offered through traditional lenders such as the big banks. This is due to many factors, including the stress test. Thankfully, big banks aren’t the only option available when it comes to getting a mortgage loan. In …
Getting a mortgage while having a previous bankruptcy or consumer proposal can be difficult. While some banks won’t even consider giving you a mortgage, some lenders will provide you with a mortgage under certain conditions. In this blog post, I’ll discuss the difference between a bankruptcy and a consumer proposal and what conditions you’ll have to comply with when you …
Traditionally, when you’re self-employed and applying for a mortgage, you’ll likely face more obstacles than someone who earns a regular salary through an employer. If you can prove your income, show you’re up-to-date on your taxes and you have solid credit, however, your chances of being approved for a mortgage are greatly improved. Self-employment numbers continue to grow steadily. Statistics …
