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February 2010 - Posts

CMHC Self-Emplyed
Providing traditional forms of documentation to substantiate income can be difficult for many self-employed and commissionbased borrowers. To streamline the home financing process for self-employed borrowers with or without traditional third party validation Read More...
CMHC Newcomer Program
Newcomers to Canada play an increasing role in Canada’s future population growth, creating new market opportunities. CMHC insured financing is available to borrowers with permanent and non-permanent residence status, helping newcomers to realize Read More...
Get Your Mortgage Pre-Approved
search for your home easier and less time-consuming. To get your mortgage pre-approved, you will need: your personal information, including identification such as your driver’s license; details on your job and proof of your salary; information about Read More...
New Mortgage Rules
Federal Finance Minister Jim Flaherty announced prudent changes to mortgage insurance rules intended to come into force on April 19, 2010: 1. All borrowers must meet the standards for a five-year fixed rate mortgage even if they choose a mortgage with Read More...