Good news regarding OSFI rule changes
This is just a quick note to let viewers know that IF you are one of the people with 20% or more down-payment and are in a position that the new OSFI rule changes affect your pre-qualification, that I can extend the current guidelines into the new year by up to 120 days provided that I have an application and am able to get a pre-approval in place with a lender for you before January 1.
I would highly recommend if you are in a position like this, to contact me right away. We can confirm your eligibility and get the pre-approval in place right away. Call me or send me an email or fill out the contact form. I look forward to speaking with you.
Leave a Reply
This site uses Akismet to reduce spam.
Learn how your comment data is processed.
Mortgage insurers keep self-employed mortgage product
Canada’s two private mortgage insurance companies, Genworth Canada and Canada Guaranty have informed Canadian mortgage lenders that they will continue to offer […]
Vancouver Home Prices - Its Not About You
The Canadian Real Estate Association Recently provided updated statistics for the average MLS price in Vancouver, showing selling prices decreased from an […]
5 Steps to Managing Debt
There’s been a lot of media attention on the Canadian economy and the high volume of consumer debt. With all the hype, […]
An Unusual Day As A Mortgage Broker
The Bankers Strike Back! Those who may read a fair bit of my website would tend to know I don’t tend to […]
Variable mortgage rates to stay low until next year
According to the FINANCIAL POST, on Thursday, the chief economist of CIBC, Avery Shenfeld, has estimated that the Bank of Canada prime […]