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Once you have verified your downpayment and income, you will also need to show the lender that you are a relaible borrower, with your credit
Collecting documents that you need to verify your income is a critical component of mortgage financing. Rushing around at the last minute to collect income
If you are at the downpayment verification stage of the homebuying process, you are either looking at putting an offer in or you have already
Saving for a down payment requires descipline & determination, whether you’re working towards saving for a minimum downpayment like most first-time homebuyers or 20% down.
If you are looking to purchase a home in Canada, the minimum downpayment requirement to purchase is 5 percent up to a purchase price of
There’s lots of perks for owning your own home – monthly payments you make will be towards paying off your mortgage instead of paying a
One of the problems in the mortgage industry is the way mortgages are advertised: usually by rate. If an online rate says 1.9%, chances are
Think that mortgage rates are suddenly very confusing? It’s not your imagination. New Canadian mortgage rules have changed the way lenders operate in Canada.
In 2010 the Department of Finance introduced the Qualifying Rate to assess borrower eligibility and ensure that potential borrowers can maintain their payments should rates
If you’ve been shopping for a mortgage lately, you’ll have figured out that rates seem to be all over the map and qualifying has changed.
Oshawa, Ontario L1G 5N3
(905) 404-8001
(866) 452-1100
info@themds.ca
The Mortgage Doctors is Durham Region’s Mortgage Superstore. Our Mortgage Brokers use their expertises to advise and obtain approvals on mortgage financing that fits your mortgage needs.
Monday – Friday: 9AM – 5PM
Saturday – Sunday: CLOSED
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