How to qualify for the highest mortgage amount
Documents / Income / Lenders / Purchase / Qualifying / Refinance

How to qualify for the highest mortgage amount

Income is one of the most important components of a mortgage application as it determines how the borrower is going to repay their loan. The higher your income, the higher mortgage amount you can qualify for. One of the most common questions we get asked is what kind of income is eligible to be included … Continue reading

Qualifying Income: Does Yours Apply?
Documents / Downpayment / First Time Home Buyer / Income / Lenders / Pre-Approvals / Purchase / Qualifying / Refinance / Rental Properties

Qualifying Income: Does Yours Apply?

Income is one of the most important components of a mortgage application as it determines how the borrower is going to repay their loan. One of the most common questions we get asked is what kind of income is eligible to be used in the qualifying calculations. Your mortgage lender will want to first confirm … Continue reading

Broker vs. Bank / Documents / First Time Home Buyer / Income / Lenders / Mortgage Renewal / New to Canada / Purchase / Qualifying / Rates & Terms / Refinance / Rental Properties

Is Your Income Eligible?

Income is one of the most important components of a mortgage application as it determines how the borrower is going to repay their loan. One of the most common questions we get asked is what kind of income is eligible to be used in the qualifying calculations. Your mortgage lender will want to first confirm … Continue reading