Urban Mortgages on an Extreme Budget – Ever wondered what kind of mortgage you can get on minimum wage in a big city? – Ask a Vancouver Mortgage Broker
March 10, 2013 by Adil Virani
Filed under Home Series, Latest News, Latest Rates, Mortgage FAQ, Recent News, Selling Your Home, Vancouver Mortgage Broker
Ever wondered what kind of mortgage you can get on minimum wage in a big city? Minimum wage in Canada ranges from $9.75 per hour in Alberta to $11 in Nunavut. In Ontario and BC, it’s $10.25. Using standard insured lending guidelines, someone earning even $11 per hour and working 40 hours a week could […]