Dec 27, 2024 | BLOG, Buying, News
Canada’s new mortgage rules, which came into effect on December 15, 2024, include: Increased insured mortgage price cap The price cap for insured mortgages increased from $1 million to $1.5 million. This allows buyers to qualify for smaller down payments in...
Mar 29, 2016 | BLOG, Buying, Selling
From Barry Johnson at Mortgage Intelligence Meaford The Mortgage Kit Start with proof of your income. We’ve all heard the Scout motto “Be prepared”. It’s great advice if you need a mortgage. Assembling everything your lender needs to verify your income is a critical...