Stricter Debt Ratio Standards on the Way – Consult with a Vancouver Mortgage Broker

Stricter Debt Ratio Standards on the Way By Rob McLister, Editor, CanadianMortgageTrends.com If you’re a typical borrower, yourdebt ratios will largely determine if you’re approved for a mortgage. For applicants who push the limits of qualification, those approvals have been tougher to come by. That’s a direct result of last year’s mortgage rule tightening, which imposed stricter debt […]

The Rules have Changed for Vancouver Revenue Property

The Rules have Changed for Vancouver Revenue Property It wasn’t so long ago that you could buy a rental unit with virtually no money down and low interest rates to be used as revenue property in Vancouver. Times have changes drastically when it comes to buying revenue property in today’s mortgage market. Now, if were […]