No There are alternative lenders that will look at a 6-month history & business revenue With a slightly higher interest rate, often…

Traditional Financing – Net income Stated Income – Business revenue Bank Statements – Usually 6 months Net worth – Liquid assets Business Cash Flow…

This incentive is a shared equity mortgage with the government of Canada, where they will contribute 5% (on existing homes)…

A provincially regulated program that allows First Time Buyers to be exempt from paying Property Transfer Tax Two ways to be…

This is a non-refundable credit that allows FTHB’s to claim up to $5,000 in the year that you purchased your…

This program allows all home buyers to pull up to $35,000TAX FREE from their RRSP, to purchase a home You will…

Use the 2-2-2 rule 2 trade lines $2,000 limit each 2 years each minimum Use each credit line & try not to carry 40%…

No The more established your credit is, the less your score will be affected, if at all When scores are slightly affected,…

Make payments on time Use less than 40% of your total limit Increase your number of trade lines in which you can…

Within a fixed rate mortgage, you will have the security of knowing that your mortgage payment will not change throughout…