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Date de dernière mise à jour : 03/02/2021
Commentaires
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The OSFI mortgage stress test requires proving capacity to spend at much higher qualifying rates.
Construction project mortgages impose maximum 18-24 month financing
horizons suitable complete builds generating retention expiry incentives transitioning
terms match investor owner occupant timelines upon occupancy permitting final inspection sign off. -
First-time homeowners with steady employment may more
easily be eligible for a low advance payment mortgages.
Mortgage Qualifying Grade thresholds categorize those likely obtain approval carrying lower interest less risk reflecting financial histories.
Mortgage pre-approvals outline the pace and amount offered a long time
before the closing date. -
Mortgage loan insurance protects the lending company against
default, allowing high ratio mortgages required for affordability.
First Nation members reserving land and utilizing it as collateral
might have access to federal mortgage programs
with better terms. -
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Véronique THIBAUDEAU
07 86 96 45 02
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