Government Increases Cap on Insured Mortgages to $1.5 Million
In a significant move for the Canadian real estate market, the government is set to increase the cap on insured mortgages from the current limit
Buying a new home will likely be one of the most expensive purchases you ever make. For this reason, it is wise to learn a little bit about how the mortgage qualifying process works. For your convenience, we have broken down the process into four simple steps.Here are four easy steps to getting a new mortgage:
Our online application will take approximately 5 minutes to complete. Please try to complete it as accurately as possible, as this will help us place your loan with the best lender and at an excellent rate.
Your Mortgage Agent will then be in touch to review your application and discuss your specific needs before getting you approved for your mortgage financing.
When your loan is approved, your Mortgage Agent will send you your approval and a list of required documents. The approval must be signed and returned along with any other required documents.
Once your loan is complete you will need to meet with your lawyer to finalize and register your loan.
In a significant move for the Canadian real estate market, the government is set to increase the cap on insured mortgages from the current limit
Mortgage Refinance: Unlocking Opportunities for Financial Flexibility Refinancing a mortgage can be a smart financial move, offering homeowners the chance to secure a lower interest