Those Canadians who have borrowed the most are falling deeper into the hole, according to new research out this week by CIBC World Markets Inc. The report noted that those with a greater than 1.6 debt-to-gross income ratio represented 73% of all household debt in Canada. That debt comes from 34% of all Canadian households, […]
Tag Archives: Re-building Credit
I am bankrupt, how long do I need to qualify for a mortgage?
Under new government lending rules, mortgages can only be provided to bankrupt persons three years after they’ve started re-building their credit.
How can I check my credit score?
There are two well known Credit Bureaus in Canada. You can acquire [Read more…]
I am self-employed, can I qualify?
Yes you can. We will show you have to move in to your own home today and save for a down payment while we assist you in establishing the documents required to qualify for a mortgage. So stop worrying about how you will do it! We are here to help you make the right decisions, […]
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