by admin | Nov 24, 2018 | Mortgage
Mortgage Stress-Test Simply put, the new mortgage stress-test rule, that went into effect on January 1, 2018, requires the banks to qualify the borrowers for home mortgages either at the Bank of Canada’s five-year conventional mortgage rate or at two percentages...
by admin | Oct 17, 2018 | Mortgage
Mortgage Application Documents What kind of supporting documents does the bank require for a mortgage application? The list of the supporting documents for a mortgage application varies a little bit depending upon what kind of borrower you are. Are you a salaried...
by admin | Oct 17, 2018 | Mortgage
Mortgage Approval Process How does the mortgage approval process work? Even though each bank or lender has its own requirements, procedures and steps but they all lead to one finding: does the borrower have the ability and the willingness to fulfill his or her...
