What is the maximum amortization you can get in a mortgage? 35 years
Which payment frequency helps reduce your mortgage principle faster? bi-weekly, weekly
You can get a mortgage if you have been self employed for how long? 1 day.
If you have a mortgage pre-approved, lender must first approve the property and supporting docs.
The minimum downpayment required to purchase a second home or vacation home is what? 5%
If you are a first time home buyer and the home you want is under $1,000,000 what is the minimum downpayment you must have? 5%
If you are paid hourly or on salary plus commission you will need how much time as proof of income from your Notice of Assessment from the CRA? 2 years.
Mortgage lender title insurance is available from who? A bank., Mortgage brokers and banks., Insurance agents., Your lawyer.
What percentage of Canadians have a variable rate mortgage? 25%
How much money down do you need when purchasing a home over $1,000,000? 20%
What is the maximum interest rate a lender can charge for a loan or mortgage in Canada? 60%
Join the Webinar where you will learn about money concepts that they don't teach in schools!
Also be sure to refer someone to this amazing information webinar.
NOTE - NOTHING IS FOR SALE ON THE WEBINAR!
CLICK THE BUTTON BELOW TO REGISTER