Stricter Debt Ratio Standards on the Way – Consult with a Vancouver Mortgage Broker
July 6, 2013 by Adil Virani
Filed under Home Series, Latest News, Latest Rates, Mortgage FAQ, Recent News, Selling Your Home, 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 […]
